Delisting Announcement • Jan 15, 2018
Delisting Announcement
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Divestiture of ePower
On November 24, Kongsberg Automotive and Preh GmbH announced that agreement had
been reached to sell the ePower business unit from Kongsberg Automotive to Preh
GmbH for an undisclosed price. Today, this transaction was concluded.
The ePower business unit is based in Sweden and has from its foundation in 2011
developed and manufactured on-board chargers for plug-in chargeable electric and
hybrid vehicles. ePower directly employs 20 people in Gothenborg and Mullsjö.
About Kongsberg Automotive:
Kongsberg Automotive provides world class products to the global vehicle
industry. Our products enhance the driving experience, making it safer, more
comfortable and sustainable. With revenues of close to EUR 1.0 billion and
approximately 10.000 employees in 18 countries, Kongsberg Automotive is truly a
global supplier. The company is headquartered in Kongsberg, Norway and has 30
production facilities worldwide. The product portfolio includes seat comfort
systems, driver and motion control systems, fluid assemblies, and industrial
driver interface products developed for global vehicle manufacturers. Find more
information at www.kongsbergautomotive.com
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