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© Kongsberg Automotive Electronics Production | November 27, 2017

Preh acquires ’ePower’ from Kongsberg Automotive

Germany’s Preh GmbH is acquiring the ePower business unit from Norwegian Kongsberg Automotive.
ePower was founded in 2011 in order to develop and market on-board chargers which are now in series production and used in the powertrain for electric and hybrid vehicles.

The unit currently employs 20 people and has two development centers in Gothenburg and Mullsjö in Sweden. In addition, the specialist draws on a network of around 50 engineering consultants, who both operate out of Sweden and India.

For Preh, the acquisition of ePower is a targeted strengthening of its own e-mobility activities. The contracting parties have agreed not to announce the purchase price. The transaction is expected to close by the end of 2017.
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November 20 2018 6:51 pm V11.9.5-2