# Preh acquires ePower business from Kongsberg Automotive

Preh GmbH, a supplier of injection molded electronic controls for the auto industry, has acquired the ePower business from Kongsberg Automotive ASA to expand in electric vehicle technology.

- Type: Acquisition
- Announced: 2017-12-19
- Where: Germany
- Status: announced
- Products: electric vehicle technology, ePower business
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Kongsberg Automotive](https://endata.com/companies/12484.md) (target)
- [Preh GmbH](https://endata.com/companies/28906.md) (acquirer)

## Sources

- [plasticsnews.com](https://www.plasticsnews.com/article/20171219/NEWS/312199999/preh-buys-epower-business-to-expand-in-electric-vehicles-market/), 2017-12-19: "Preh GmbH, a supplier of injection molded electronic controls for the auto industry, is investing in electric vehicle technology with its acquisition of the ePower business from Kongsberg Automotive ASA."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.