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Michael Taraba, Rotronic CEO for 25 years, has left the company to focus on his role as CEO and board member of the Secomp Group.
Rotronic divested its Swiss-based trading division, covering UPS solutions, rack systems, power supplies and F&B solutions, to Secomp effective 1 July 2017.
Swiss measurement solutions maker Rotronic will be acquired by Process Sensing Technologies (PST), a platform owned by Battery Ventures, effective 6 July 2017.