DexKo Global, one of the world's leading manufacturers of high-quality chassis technology, chassis assemblies and accessories, announces the takeover of the Italian electronics specialist Nordelettronica through its subsidiary AL-KO Vehicle Technology Group. The transaction closed on November 30, 2020. The strategic takeover will expand the product portfolio of the AL-KO Vehicle Technology Group in the field of electronic components for leisure vehicles and enable access to new growth segments.
Nordelettronica was founded in 1978 and operates two product development and production sites in Italy and Romania. The company's focus is on electronic equipment for recreational vehicles and on applications in industrial electronics, for example in the field of industrial cleaning. The company's product portfolio includes battery chargers, modules for low-voltage distribution boards, cable harnesses and switchboards. With the takeover of Nordelettronica, the AL-KO Vehicle Technology Group is expanding its expertise in the field of electronic components and completing the range of CBE, one of the leading manufacturers of electronic solutions for leisure and commercial vehicles.
Fred Bentley, CEO of DexKo Global: “We are very pleased that Nordelettronica is now part of the DexKo family. The company is particularly characterized by its flexibility and its electronic solutions tailored to customer requirements. Nordelettronica is an excellent fit for DexKo Global and will continue to improve our product and service offering for our customers. "
Harald Hiller, President & CEO of the AL-KO Vehicle Technology Group: “The takeover of Nordelettronica expands our product portfolio in the area of leisure vehicle electronics. Together with our company CBE, we can build on Nordelettronica's many years of know-how and in-depth expertise in order to provide our mutual customers with reliable, high-performance products. "
Luciano Rizzioli, founder of Nordelettronica: “It was important for us to have found strong partners in DexKo Global and the AL-KO Vehicle Technology Group to support and drive the growth of the company. I would like to thank the management for the energy and passion that they have invested in building the Nordelettronica brand. I am very confident that our customers will benefit from the merger with DexKo Global.
AL-KO Vehicle Technology Group GmbH
The AL-KO Vehicle Technology Group is a globally operating technology company. With high-quality chassis components for trailers, leisure vehicles and commercial vehicles, the corporate group stands for best functionality, highest comfort and innovations for more driving safety. The AL KO Vehicle Technology Group includes the 14 international brands AL-KO, Aguti, Bankside Patterson, Bradley, CBE, cmtrailer parts, E&P Hydraulics, G&S Chassis, Hume, Nordelettronica, Preston Chassis, SAFIM, SAWIKO and Winterhoff. Founded in 1931, the group currently generates sales of round about 550 million euros with around 2,750 employees and over 30 locations worldwide. The AL KO Vehicle Technology Group is a wholly-owned subsidiary of DexKo Global, a portfolio company of KPS Capital Partners.