© bellemedia-dreamstime.com Electronics Production | August 22, 2013
Alder becomes majority owner of Powerbox
Swedish Powerbox International, a European manufacturer and distributor of power converters and associated products, has now a new majority owner in Alder, a private equity fund based in Stockholm, Sweden.
Alder is the new majority owner, with Industrifonden as well as current and previous employees of the company remaining as minority shareholders. Alder is an active investor and will build the company to its full potential together with management. As part of the transaction, new capital is invested in the company to help strengthen the organisation to enable future growth. Powerbox International operates as;
- Powerbox, a manufacturer of customised and standard power converters, targeting demanding applications within transportation, medical, and industrial markets, among others.
- Craftec, a pan European design-in distributor of power converters from the world’s leading manufacturers.