Powernet
DECEMBER 2018Sector: Industrial & Business services
Service: M&A
Our role
Exclusive financial adviser to Efore (today Enedo) on the acquisition of Powernet
Target
Powernet develops and manufactures customer specific power supplies and systems, of which examples are customised power supply and power distribution packages as well as turnkey project deliveries, e.g. to the train industry. Powernet has also been a forerunner in the development of IoT enabled condition monitoring of power supply and power distribution packages, which is utilized in e.g. smart battery chargers. Powernet is well recognized especially in the North and Central Europe. Powernet has 30 employees and in 2017 its turnover was EUR 9.7 million
Buyer
Efore (today Enedo) is a European designer and producer of high-quality electronic power supplies and systems for critical equipment even in the most demanding environments. Enedo’s mission is to make electricity better – more reliable, more secure, more energy efficient. Enedo’s three main product categories are Led Drivers, Power supplies and Power Systems
