Know what you want? Try our 'Supplier Directory' 

ebm-papst acquires electronics specialist IKOR

The ebm-papst Group has acquired a majority shareholding in Spanish electronics specialist IKOR for an undisclosed sum, effective from 1 January 2016.

The move boosts ebm-papst’s competence in the field of developing and manufacturing electronics and strengthens its market position in North America and China, among other countries.

ebm-papst, a leader in fans and motors, has headquarters are in Mulfingen (Baden-Wurttemberg) and a UK office in Chelmsford.

With headquarters in San Sebastian, Spain, turnover of €60m and 600 staff, IKOR has an R&D centre, plus three modern production sites in China, Mexico and Spain. Established in 1981, the company’s focus is the development and production of customised electronics with extensive knowledge in controls and controllers for industrial applications.

Chairman of the ebm-papst group, Rainer Hundsdörfer, said: “For us as system supplier, acquiring the electronics specialist IKOR means that our technology expertise and know-how is enhanced and boosted even further. “The additional production capacities, especially in China and Mexico, lead us to expect new market potential and thus further growth”.

IKOR chairman, Miguel Angel Sierra, said: “Under the ebm-papst umbrella, we shall be expanding and increasing our technological leadership even further. The access to the global market that comes with it opens up new opportunities to enhance our growth plans.”

Prior to the transaction, the two companies already enjoyed a successful co-operation.

13 January 2016


Already Registered?
Not Yet Registered?

New BESA president calls for unity of purpose

Neil Brackenridge has been elected to serve as president of the Building Engineering Services Association (BESA) for 2020/21.

He was confirmed in his role at BESA's annual general meeting and takes over from John Norfolk of Imtech Engineering Services.


LG introduces new round cassette for multi v VRF systems

LG continues to introduce new and efficient product additions to its range of air conditioning equipment. Its latest introduction is its new round cassette, particularly helpful in spaces with high or exposed ceilings....


Steam Room Generators from Humidity Solutions

A Vapac Steam Generator designed specifically for use with Steam Rooms in the UK.
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR


FETA Annual Lunch