Announced

Completed

Linz Electric completed the acquisition of a 60% stake in KW Generator.

Synopsis

Linz Electric, an industrial company specializing in alternators and electric rotating machines, completed the acquisition of a 60% stake in KW Generator, a German mechanical engineering firm known for high-performance brushless synchronous generators. Financial terms were not disclosed. "This move marks the emergence of a new European player in the power generation sector. By combining the technological and manufacturing strengths of Linz and KWG, we are now able to offer one of the most comprehensive ranges of alternators worldwide, designed to meet the demands of complex applications and rapidly evolving markets," Linz Electric statement.

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MergerLinks - Linz Electric completed the acquisition of a 60% stake in KW Generator.