New acquisition

Danotherm Electric A/S acquires ATE-Electronics s.r.l in Turin, Italy

ATE Electronics, Italy, acquisitions

Danotherm Electric A/S has signed an agreement to acquire the operations of power resistor manufacturer ATE-Electronics s.r.l., with headquarter in Giaveno, Italy.

ATE-Electronics s.r.l., founded by Roberto Felisio and a partner in 1970, develops and manufactures power resistors based on wirewound and thickfilm technology. The primary customers are active in the market segment industrial power electronics, automotive and renewable energy worldwide.

ATE-Electronics s.r.l. has manufacturing operations in Giaveno (TO) in Italy and has a global distributor network. 

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