◂ Announcements

May 31, 2018ACQUISITIONNetherlands, Netherlands

KUK Group acquires Wijdeven from Phoenix Mecano

KUK Group AG took over the shares of Wijdeven from Phoenix Mecano AG, effective May 31, 2018. The acquisition aims to leverage KUK's expertise in serial production of coils and transformers for Wijdeven's operations in the Netherlands.

Status

Completed

Productscoilstransformers

CompaniesKUK Group AG acquirer Wijdeven target Phoenix Mecano AG partner

Sectors#Electrical Equipment

“As of May 31 2018 KUK Group AG - CH will take over the shares of Wijdeven from Phoenix Mecano AG.”brainportindustries.com

1 source
brainportindustries.comTakeover Wijdeven by the KUK Group - SwitserlandMay 31, 2018

Summarized from public sources; check the original articles before acting on it.

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