Grundig Business Systems (GBS) acquires 100% of the shares in Elektron Systeme with the support of its shareholders VR Equitypartner and INDUC. With this acquisition, GBS strengthens its position in the field of manufacturing electronic assemblies and systems.
Founded in 2009, the Elektron Systeme Group is a certified EMS service provider based in Weißenohe, Germany. It consists of Elektron Systeme und Komponenten and its sister company ib Prozessleittechnik. As a one-stop store rooted in the region and a full-service partner for leading OEMs in medical technology and industry, Elektron Systeme manufactures complete electronic assemblies and device units. The company covers the entire electronics value chain and supports its customers from feasibility studies to device construction, from new developments to logistics services. Recent investments in new SMT production capacities and a fully automated warehouse offer modern production conditions. ib Prozessleittechnik develops and produces keyboards for industrial applications.
GBS is a medium-sized production and service company based in Bayreuth. VR Equitypartner, together with its subsidiary VR Equity Gesellschaft für regionale Entwicklung in Bayern, acquired a minority stake in GBS from INDUC in 2016. As both GBS and Elektron Systeme are active in the production of electronic assemblies and systems, the acquisition is intended to strengthen GBS's EMS division - for example through the mutual transfer of experience and expertise and the expansion of the production spectrum.
The seller of Elektron Systeme is the founder and previous sole shareholder Frank Streit, who will act in an advisory capacity after the transaction. Operational management will remain in the hands of the existing management team.
www.elektron-systeme.de
www.gbs-es.com
