Miba acquires electronic component producers

EBG, based in Styria, Austria, is a specialist in passive electronic components, such as high-voltage, high-performance resistors, and generates annual sales of €30 million. DAU is an international provider of thermal solutions such as air-cooled and liquid-cooled heat sinks and heat pipes and heat sinks for power semiconductors used to control for example engines and electrical drive systems.

"In acquiring these companies Miba is continuing with its growth strategy,” said Miba CEO, Peter Mitterbauer. “This is a move into a new area of technology and products with enormous potential for the future, and constitutes active investment in a major trend – energy. High-performance components for power electronics are a key to more efficient drive systems and the steadily growing use of renewable energy sources such as wind power." The new companies will broaden Miba's product portfolio and strengthen its competencies in future oriented technologies," he added.