Beijer Electronics Group acquires the German company ELTEC
BEIJER GROUP’s business entity Westermo has today agreed to acquire 100% of the German company ELTEC Elektronik AG, a technology company specialized in wireless communication for connected trains. ELTEC is an innovative player providing wireless communication solutions for passenger information, infotainment and passenger Wi-Fi. Their customers comprise of the larger European train operators and system integrators within connected trains.ELTEC has about 35 employees and sales of approximately 6.5 M€ (~65 MSEK) and its operations is in Mainz in Germany. The company complements well the