Ependion: Welotec – a good strategic fit - Redeye

Redeye sees the acquisition of Welotec as a strategically sound move with relatively low risks. Welotec adds a new leg of EDGE Computing to Ependion’s existing business. Also, a solid footprint in the energy segment will help Westermo expand its customer base. Welotec has shown good growth and healthy margins. The price tag appears to be fair, but not a bargain.

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