Frankfurt/Main, 05.09.2024 – The German-Austrian RECOM Group has acquired a majority holding in Austrian firm Leco GmbH. RECOM is a global provider of innovative power supply solutions for a broad range of industrial applications, including mobility, medical technology, telecommunications and renewable energy. The RECOM product range covers standard and customised DC/DC and AC/DC converters in every power class, from sub-1W to 100kW. Leco specialises in developing, designing and manufacturing customer-specific power supply products primarily for industrial automation.
The acquisition will enable Leco’s custom technology to be extended to include standard products. This rounds off RECOM’s industrial and automation portfolio, representing a further strategic step in cementing the company’s position as a global and functionally diversified market leader in power supply products.
CMS partner Dr Peter Polke once again advised the RECOM Group on all legal aspects of this transaction. Together with its general counsel, Dr Thomas Lazarus, the group has relied on the expertise of teams headed by CMS partner Polke for many years.
CMS Germany
Dr Peter Polke, Lead Partner, Corporate/M&A
RECOM
Dr Thomas Lazarus, General Counsel
Press Contact
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