Miba Acquires Producers of Power Electronics Components

Companies ♦ Published: September 1, 2010; 18:04 ♦ (Vindobona)

Miba, strategic partner to the international engine and automotive industry, has acquired EBG and DAU, producers of power electronics components, as of September 1, 2010.

Miba Acquires Producers of Power Electronics Components / Picture: © Miba

- Miba continues expansion strategy with move into growth area - energy

- EBG and DAU will be part of the Miba Group as of September 1, 2010

- Styria-based companies with annual sales of approximately EUR 30 million and staff headcount of around 130

The Styrian group, which generates annual sales of EUR 30 million, has production sites at two locations…