Condra acquires iTek Drives

Crane and hoist manufacturer Condra has acquired Optidrive variable-frequency drives distributor iTek Drives for an undisclosed amount. The deal secures Condra's supply of Optidrive VFDs for its cranes.

“The acquisition is a logical development of Condra’s long-standing use of Invertek’s Optidrive range”miningweekly.com

• 1 source
• miningweekly.comCondra acquires iTek DrivesNatasha OdendaalDec 2, 2022

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