# Pramac acquires REFU Storage Systems

Pramac GmbH, a subsidiary of Generac Power Systems, acquired REFU Storage Systems GmbH, a developer of battery storage hardware and software for the commercial and industrial market. The transaction closed on February 1, 2023. Terms were not disclosed.

- Type: Acquisition
- Announced: 2023-02-01
- Where: Pfullingen, Germany, Germany
- Status: completed
- Products: battery storage systems, storage inverters, energy management software
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Pramac](https://endata.com/companies/15577.md) (acquirer)
- [Generac Power Systems](https://endata.com/companies/26258.md) (investor)
- [REFU Storage Systems](https://endata.com/companies/68279.md) (target)

## Sources

- [corporate.pramac.com](https://corporate.pramac.com/pramac-acquires-refu-storage-systems-expanding-companys-commercial-and-industrial-energy-systems-portfolio/), 2023-02-01: "REFUstor’s energy storage systems will complement and enhance our current hybrid energy storage product offerings and will further accelerate our development of new technologies."

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