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Swedish high-technology company grows
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Emotron AB, the Swedish electric motor technology company, has acquired the Dutch company P.I.V. Eldutronik B.V. and the German sales company P.I.V. Eldutronik GmbH. This strengthens the company's position in the German and Dutch markets, while more than doubling turnover to about SEK 140 million.Emotron expects the acquisition to give it access to new sales channels and to enable it to increase investment in the development of advanced new control and drive systems for electric motors. The vendor is the German P.I.V. Antrieb Werner Reimers GmbH & Co KG.