Benshaw acquires business assets of Hiconics Europe

Benshaw, a US motor drive firm, acquired the business assets of Hiconics Europe, a German manufacturer of medium voltage motor drives, to expand its medium voltage drive product offerings.

“We are pleased to have the Hiconics Europe team bring their expertise to Benshaw and our affiliated companies.”eenewseurope.com

• 1 source
• eenewseurope.comUS motor drive firm buys European factory ...Nick FlahertyMay 24, 2021

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