TB&C Joins Delta Electronics as Acquisition Complete
25/10/2023 Delta Electronics Inc.
TB&C announced today the completion of the Company’s acquisition by Delta, a global leading provider of power and thermal management solutions. With a strong focus on innovation, Delta has successfully developed EV powertrain solutions for global major automotive companies, as well as automotive magnetic components, passive components and thermal management solutions. TB&C develops industry-leading hybrid technologies for mechanical components applied in automotive, industrial, and medical applications. The transaction is expected to generate generate substantial synergies by leveraging both companies’ R&D and manufacturing resources to accelerate their overall EV business expansion
Robert van der Weck, CEO of TB&C, said, “E-mobility is the key strategic segment of our hybrid components and drives our sustainable growth going forward. In our focus areas in e-mobility, Delta’s Component Business Group’s outstanding electronics components have been widely recognized by global automotive companies. We are happy to join Delta and believe the complementarity between Delta and TB&C in technologies will create synergies in developing innovative product offerings with higher added-value for our customers. Moreover, Delta’s capabilities in smart manufacturing and its economic scale will definitively enhance our overall competitiveness.”
After the acquisition, TB&C continue to operate under its existing executive management team. As a wholly owned subsidiary of Delta, it is expected that TB&C’s leading technologies will be integrated with Delta’s Component Business Group’s automotive component product lines to expand its EV product offerings, such as applications for EV battery management system (BMS).
Print this articleFor more information, please contact:
DELTA ELECTRONICS NETHERLANDS BV
Zandsteen 15
2132 MZ Hoofddorp
The Netherlands
Tel: +31 (0)20 655 09 06 / 31(0) 611-581-859
Email: jwu@deltaww.com
Web: https://www.delta-emea.com
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