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Vinge advises in conjunction with sale of Powerbox

June 27, 2018

Vinge has advised the sellers, including Alder and Industrifonden, in conjunction with the sale of a majority stake in Powerbox International AB.

Powerbox has subsidiaries in 15 countries and a turnover of more than MSEK 400. With its design divisions at its head office in Gnesta, in Germany and in the Netherlands, as well as the local sales companies in Europe, the United States, China and Australia, the company offers development and manufacture of standard and bespoke customer power supply solutions for exacting applications within the industrial, medical technology, vehicles and defence sectors.

The buyer is Cosel Co, Ltd., a Japanese company listed on the Tokyo stock exchange. Cosel is one of the worlds’ leading manufacturers of high performance AC/DC, DC/DC transformers and related EMC filters.

Vinge’s team primarily consisted of partner Johan Larsson together with, among others, associates Samra Baytar, Martin Cronsioe and Sofie Sundin.
 

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