MTA Announces Incorporation of EDN to Strengthen The Position of Both Companies in the Power Electronics Sector
MTA announces that on July 3, 2023, the extraordinary shareholders' meeting of EDN S.r.l. and MTA S.p.A. approved the process of merger by incorporation of EDN into MTA. This process will be operationally completed on November 1, 2023, when MTA will acquire the assets of EDN and will take over its legal relations, assuming its rights and obligations.
“The acquisition of 80% of the shares, which took
place in May 2021, immediately brought the desired advantages. The synergistic
work in terms of Research & Development, production footprint, logistics, and commercial relations have in fact proved successful”, declared Antonio
Falchetti, MTA Executive Director. “The merger of the know-how of MTA and EDN
has helped to strengthen the position of both companies in the power
electronics sector and to offer increasingly innovative solutions and to
support manufacturers, globally, in the electrification of their vehicles, with
an even more articulated offer”, concludes Mr.Falchetti.
Today, with the total incorporation, MTA reinforces
its commitment to the growth and development of new technologies in order to remain
competitive in the market and especially in the field of vehicle
electrification.
EDN products, such as the OBC (On-Board Battery
Charger) and DC/DC Converter for electric and hybrid vehicles, will continue to
be marketed with the EDN brand and manufactured in the current headquarters in
Cinisello Balsamo.
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本文由咪猫转载自MTA News，原文标题为:MTA announces incorporation of EDN，本站所有转载文章系出于传递更多信息之目的，且明确注明来源，不希望被转载的媒体或个人可与我们联系，我们将立即进行删除处理。
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