Beijer Electronics divests the US Vehicle division to focus on core strategy
Beijer Electronics has today divested the American Vehicle business — the supply of panels to various transportation segments — to Israeli company Micronet. The Vehicle business was originally a part of QSI Corporation that was acquired by Beijer Electronics in 2010. Beijer Electronics will continue to develop its US business by focusing on the sale of HMI panels to the industrial market. The size of this business is estimated to 150 MSEK in 2014. The divestment is a consequence of the strategy to focus more resources on the global core business of Industrial HMIs. The Vehicle