News Center Press Releases
The Other Latest News…
Delta Electronics, Inc. Announces 2020-Q2 Financial Results...
Delta Provides Reliable and Efficient EV Charging Solutions to Jaguar ...
Delta Launches New Energy-Efficient Solutions for 5G and IoT Edge Comp...
Delta Provides Fast DC EV Charging Solution to Singaporean Land Transp...
Delta Electronics’ Consolidated Sales Revenues for June 2020 Totaled N...
Delta Provides Ørsted a Total Energy Storage Solution for
Delta Electronics, Inc. Statement...
Delta Electronics' Shareholders Approve NT$5.0 Cash Dividend
Delta Electronics’ Consolidated Sales Revenues for May 2020 Totaled NT...
Delta’s "Smart Well Being" Theme at COMPUTEX 2020 Presents IoT-Based S...
Delta Electronics Inc. Announces Deal with Delta Electronics (Thailand) Public Company Limited
Delta Electronics, Inc. (later referred as “DEI”), announced today the board of directors of its subsidiary Delta Electronics (Netherlands) BV (later referred as “DEN”) has agreed to a deal in which it shall obtain stakes in four overseas subsidiaries owned by Delta Electronics (Thailand) Public Company Limited (later referred as “Delta Thailand”), an associate of DEI. This deal shall allow DEI to strengthen its sales and marketing platform for its power systems business in the EMEA (Europe, Middle East and Africa) and the Americas regions.
The agreement includes the purchase of 51% stake in Delta Energy Systems (Switzerland) AG and Delta Greentech Electronics Industry LLC as well as the acquisition of 100% shares in Delta Greentech (USA) Corporation and Delta Greentech (Brasil) SA. The total value of these acquisitions is USD24.85 million. The agreement also includes the sale of DEN’s 100% stake in Eltek s.r.o. (later referred as “Eltek SK”), valued at USD22 million, to Delta Greentech (Netherlands) BV, entity owned by DET. It is expected that these transactions shall be completed before the end of 2017-Q1. The aforementioned entities to be purchased by DEN are primarily focused on the trading of power systems in EMEA and the Americas, thus, allowing DEI to sharpen its focus on enhancing the sales and marketing platforms of its power systems business in such regions. The decision to sell Eltek SK, entity engaged in the manufacturing of telecom power systems in Slovakia, derives from that same strategic plan.
Delta Electronics, Inc. All Rights Reserved.