Strengthening through further key competencies on the way to becoming a European market leader
Munich, 12 August 2019 – The Munich-based electronics group KATEK SE, a portfolio company of PRIMEPULSE SE, has acquired all shares of bebro electronic GmbH and eSystems MTG GmbH from MAGENWIRTH Technologies GmbH, Bad Urach, subject to the final review by the competition authorities.
The two companies will thus become the fourth and fifth members of the fast-growing KATEK SE group of companies with the existing units Steca Elektronik GmbH, Katek GmbH and ETL Elektrotechnik Lauter GmbH at the Memmingen, Grassau and Mauerstetten locations.
bebro and eSystems employ 550 people and achieve a total output of almost 90 million euros. In addition to the classic EMS business, bebro has set up the subsidiary beflex electronic GmbH at its locations in Frickenhausen and Horni Sucha (Czech Republic) with a focus on measurement technology, industry and medicine. The fast growing beflex concentrates on the business with prototypes and small series, which are produced at the three locations Frickenhausen, Munich and Witten in close cooperation with the engineers of the customers. The independent eSystems develops solutions and systems in the field of electromobility for the world’s most renowned automobile manufacturers, such as the intelligent charging of electric vehicles as part of Smart Home and Smart Grid.
KATEK is the Electronics division of the technology-oriented PRIMEPULSE group of companies based in Munich, Germany. Klaus Weinmann, CEO of KATEK’s majority shareholder PRIMEPULSE SE: “The acquisition of bebro and eSystems is a further milestone to expand KATEK SE into one of the leading European service providers in the electronics sector. We will participate in the significant growth in the field of professional IoT applications as a long-term, reliable and innovative electronics partner of the European industry”.
CEO KATEK SE
Rainer Koppitz, CEO of KATEK SE: “We welcome bebro and eSystems to our fleet of speedboats! We see this acquisition as a decisive step in covering the entire value chain in important areas such as e-mobility and medical technology, from development to prototyping, classic EMS services, box build and after-sales service. In addition to the strong positioning in terms of content, the dynamic and committed management team convinced us right from the start”.
“With the KATEK Group, we have found a strong partner for our successful subsidiaries bebro and eSystems, which, together with the other members of the group, will not only achieve synergies in areas such as purchasing, sales and technology, but will also be able to shape the future of the industry as part of one of the currently strongest German brands in the electronics sector,” says Ralph Berndt, Managing Director of MAGENWIRTH Technologies GmbH.
Completion of the transaction is currently still subject to approval by the relevant antitrust authorities and is expected to be finalized by autumn.