MTM Power Messtechnik Mellenbach GmbH announces the successful acquisition of ELSIT Sp.z o.o, Gliwice. ELSIT is an established Polish manufacturer of wound goods with over 30 years of experience. With this strategic move, MTM Power is further expanding its technological expertise. At the same time, by expanding its capacities within Europe, MTM Power is strengthening its delivery capabilities and production capacities at its existing locations in Germany and Poland.
"The acquisition is an important driver for the future growth of MTM Power," explains Anselm Hugle, Managing Director of MTM Power. "The expertise in the field of winding materials complements both our existing know-how and our capacities. The comprehensive portfolio and modern machinery enable us to respond even more precisely to our customers' needs. We offer them both standard and customized solutions in the high quality they have come to expect.
The Polish company will continue to operate with its existing team and at its current location. All 23 employees will be retained and the established know-how will be preserved in its entirety. At the same time, all existing jobs at the German location will also be retained. Both sides and their customers will benefit from MTM Power's shared development resources, quality standards, market presence, and international sales structure.
"Our customers can rest assured that with this acquisition, we are investing in quality and innovation – and thus in our shared future," says Florian Greiner-Matzen-Sohn, Managing Director of MTM Power.
The acquisition strengthens MTM Power's position as one of the leading manufacturers of power supplies and lays the foundation for further sustainable growth.
"The acquisition is an important driver for the future growth of MTM Power," explains Anselm Hugle, Managing Director of MTM Power. "The expertise in the field of winding materials complements both our existing know-how and our capacities. The comprehensive portfolio and modern machinery enable us to respond even more precisely to our customers' needs. We offer them both standard and customized solutions in the high quality they have come to expect.
The Polish company will continue to operate with its existing team and at its current location. All 23 employees will be retained and the established know-how will be preserved in its entirety. At the same time, all existing jobs at the German location will also be retained. Both sides and their customers will benefit from MTM Power's shared development resources, quality standards, market presence, and international sales structure.
"Our customers can rest assured that with this acquisition, we are investing in quality and innovation – and thus in our shared future," says Florian Greiner-Matzen-Sohn, Managing Director of MTM Power.
The acquisition strengthens MTM Power's position as one of the leading manufacturers of power supplies and lays the foundation for further sustainable growth.
