PowerTech Converter - Ownership and Business Overview

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 176 acquisitions of automotive companies in 2022, including 29 acquisitions by private equity firms, and 147 by strategics.

PowerTech Converter

PowerTech Converter

Am Borsigturm 100,
Berlin, 80809
Germany,
www.powertech-converter.com

PowerTech Converter provides electric power supply systems for automotive vehicles. PowerTech Converter is based in Berlin, Germany.


Company Summary

SECTOR

Automotive

Revenue

60   2021
(millions of EUR)

Employees

280

Former Name

Knorr-Bremse AG - Powertech Business

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Related Lists for PowerTech Converter

Automotive Companies , Germany Companies

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