IK Partners to acquire Driescher.

IK Partners, a European private equity firm, focusing on investments in the Nordic region, Benelux, France, and Germany, agreed to acquire Driescher, a supplier of medium-voltage and low-voltage switchgear and switching devices. Financial terms were not disclosed. “Our leadership team is very much looking forward to the partnership with IK. We are confident that, with the experience of our employees and the support of IK’s team, we will continue our path of sustainable growth with technologically leading products and excellent service for our steadily growing customer base,” Frank Hegenbart and Thomas Lehner, DRIESCHER Managing Directors.