CTEK Group announced the acquisition of the Inelco Group’s battery charging business. The deal became effective on Nov. 1, 2013 and was announced at the 2013 SEMA Show in Las Vegas.
CTEK develops, markets and sells lead acid and lithium ion battery chargers. CTEK claims it introduced the first switch-mode technology based battery charger in the world and is currently the global market leader. The acquisition of the battery charging business from Inelco A/S will strengthen CTEK Group’s business and increase its competitiveness mainly within the professional and industrial segments.
Inelco Group consists of the Danish company Inelco A/S and the Polish company Inelco Polska SP. Z.o.o. The company has 30 employees.
“CTEK Group looks forward to cooperating with Inelco Group’s customers and suppliers to help expand the business,” said Jon Lind, CEO, CTEK Group.
As the North American branch of the company, CTEK Power, Inc. is an industry leader in the North American market for smart battery technology. CTEK manufactures a complete range of new generation high-quality, reliable battery chargers and accessories for private and professional use that are effective, user friendly and above all safe to use. CTEK has become the most trusted name in battery charging.
For more information about CTEK charging systems, phone 330-963-0981, email [email protected], or visit www.smartercharger.com.