RECOM POWER TO ACQUIRE ITALIAN POWER SPECIALIST “POWER CONTROL SYSTEMS SRL” (PCS) 2019/05/07 Recom
Power Supply
Gmunden, April 30th, 2019 - RECOM Power announces the acquisition of 75% of Power Control Systems based in San Vendemiano near Conegliano/Italy. This well-established company focuses on the design and manufacture of AC/DC and DC/DC power supplies from 3W up to 10kW for Railway, Medical, Military and Industrial applications. With more than 40 years of experience, PCS has established long term relationships with demanding Tier 1 customers.
Karsten Bier, the CEO of the RECOM Group states:
“We are excited to welcome such a high-end power supply solutions provider into our organization. Offering our worldwide customer base the PCS product portfolio will enhance our position as the No.1 provider for full power distribution on and off board. It will also broaden our strategic options and will assist customers when selecting products from our factories in Europe, China and Taiwan. PCS employs 49 people and generates an annual turnover of close to $10mio. The high qualified design and product testing and verification engineers will increase the group’s capabilities significantly and will be a great asset to support our global development and production facilities in Vienna/Austria, Kaohsiung/Taiwan and Xiamen/China. Very importantly, we were successful in securing the continued employment of the two founders of PCS, Messrs. Mauro Piai and Roberto Fiorot”.
Mr. Piai states:
“We did not intend to sell PCS. However, Roberto and I found that RECOM was the ideal partner to secure the continuity and future growth of PCS. PCS is 100% complementary to RECOM and the staff is extremely excited and enthusiastic to be part of the RECOM family”.
The RECOM Group has consistently grown organically above the industrial average and now commands an annual Group turnover of close to $ 100mio (2019). This turnover is set to grow well above average by using the leverage of the large sales organization and the synergies of its global facilities. Further details: www.recom-power.com/pcs
About RECOM Power
RECOM has become an innovative leader over the past 40 years in the manufacture and distribution of DC/DC and AC/DC converters, switching regulators and LED drivers, offering vast distribution and customer support networks that reach around the globe. Customers recognize Recom's ability to deliver top-notch products at competitive prices as well as their worldwide positioning through the establishment of proprietary production facilities that meet the highest international standards and global product availability. Recom's commitment doesn't end with the purchase of the product, but rather, customers can enjoy exceptional after-sale service and support. For the past 10 years, Recom has invested heavily in product development, quality assurance lab, and expanding their global presence to accomplish the mission of meeting customer need wherever it may arise.www.recom-power.com
RECOM Lighting is the new division to better meet the requirements of developers and architects in the fast moving lighting market.
Companies Website:
http://www.recom-power.com/
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