Cosel Co., Ltd. acquired Powerbox International AB.
June 24, 2018
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Cosel Co., Ltd. (TSE:6905) acquired Powerbox International AB from Alder and other shareholders on June 25, 2018. Powerbox International AB reported turnover of approximately 40 million. Joachim Andersson, Jonas Lönnqvist and Gustav Ekelius of Nordea acted as financial advisors to Alder. Robert Nordahl, Brandon Bartholomew and Jens Ekvall from BDO Corporate Finance served as financial advisors to Alder on the deal.
Cosel Co., Ltd. (TSE:6905) completed the acquisition of Powerbox International AB from Alder and other shareholders on June 25, 2018.
COSEL CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of direct current (DC) stabilizing power supplies. The Company operates in five business segments. The Japan Production and Sales segment is engaged in the manufacture and sale of unit power supply, on-board power supply and noise filter, as well as manufacture of parts (transformers) used for power supplies. The North America Sales segment and Asia Sales segment are engaged in the manufacture and sale of unit power supply, on-board power supply and noise filter. The Europe Sales segment is engaged in the manufacture and sale of unit power supply, on-board power supply and noise filter, as well as own products. The China Production and Sales segment is engaged in manufacture of unit power supply and exports unit power supplies produced in China to sales companies.