Beijer Electronics Group acquires ELTEC Elektronik AG
Beijer Electronics Group’s business entity Westermo has acquired 100% of the German company ELTEC Elektronik AG, a technology company specialized in wireless communication solutions for connected trains with the larger European train operators and system integrators as its customer base.
Westermo is a fast growing manufacturer and vendor of Industrial Ethernet Switches and data communications products for mission-critical systems in harsh environments.
Beijer Electronics Group was advised by Mannheimer Swartling as lead counsel in this transaction.
