AutomotiveCompany
PowerTech Converter Ownership
Who owns PowerTech Converter?
PowerTech Converter is owned by ABB. It was acquired on September 19, 2022.
Was PowerTech Converter formerly PE-backed?
Yes. PowerTech Converter was formerly owned by 1 private investor.
PowerTech Converter Business Overview
Where is PowerTech Converter headquartered?
PowerTech Converter is headquartered in Berlin, Germany.
How many employees does PowerTech Converter have?
PowerTech Converter has 280 employees.
What sector is PowerTech Converter in?
PowerTech Converter is an automotive company.
Automotive M&A Summary in 2022
Out of 60 sectors in the Mergr database, automotive ranked 13 in number of deals in 2022. The largest automotive acquisition in 2022 was Tenneco - which was acquired by Apollo Global Management for $7.1B.
Join Mergr to view all 182 acquisitions of automotive companies in 2022, including 32 acquisitions by private equity firms, and 150 by strategics.