# Unionalpha acquires wiring division of Turkish Ekinler for EUR 5 million

Unionalpha, an Italian leader in wiring for large home appliances, acquired the wiring division of Turkish company Ekinler for a total investment of EUR 5 million. A new company, Union International, will be formed.

- Type: Acquisition
- Announced: 2020-08-04
- Where: Türkiye
- Value: $5.90M (5.00M EUR)
- Status: completed
- Products: wiring for large home appliances
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Unionalpha SPA](https://endata.com/companies/43906.md) (acquirer)
- [Ekinler](https://endata.com/companies/48718.md) (target)

## Sources

- [cronachemarche.it](https://www.cronachemarche.it/unionalpha-cresce-e-investe-5-milioni-in-turchia/), 2020-08-04: "L'ultima operazione è l'acquisto della divisione cablaggi della turca Ekinler, per un investimento complessivo di 5 milioni di euro."

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