Miba acquires producers of power electronics components

September 2, 2010

Miba AG, headquartered in Laakirchen, Austria, recently announced the acquisition of EBG and DAU, producers of power electronics components. The companies, which generate annual sales of EUR 30 million, have production sites at two locations in Styria , Austria.

EBG and DAU are innovative specialists in passive electronic components such as resistors and cooling systems for power electronics. The hitherto family-owned companies employ around 130 people at their Kirchbach and Ligist sites in Styria.

“In acquiring these companies Miba is continuing with its growth strategy. This is a move into a new area of technology and products with enormous potential for the future, and constitutes active investment in a major trend – energy. High-performance components for power electronics are a key to more efficient drive systems and the steadily growing use of renewable energy sources such as wind power,” explains Miba CEO Peter Mitterbauer.

EBG is a specialist in passive electronic components. At its Kirchbach site in south-east Styria it develops and produces precision high-voltage, high-performance resistors. EBG has operations all around the world, and its client list includes a number of major power electronics groups. In development and production, the company focuses on technologically advanced niches and special applications and is valued by its clients as a high-quality, high-end partner.

DAU is an internationally known development partner and provider of thermal solutions such as air-cooled and liquid-cooled heat sinks and heat pipes. It develops high-performance heat sinks for power semiconductors used to control for example engines and electrical drive systems.

PM sales up 57%

Miba recently reported a 32% increase in group sales to €98 million in the first quarter of 2010-2011 taking sales almost back to the strong first quarter of 2008. PM Sales in this quarter totalled €41.5 million, up by 57.1%.  The company also reports strong growth in new orders which totalled €160 million – a gain of 13.2% on the previous business year.

www.miba.com

Latest Industry News

Download the latest issue of PM Review

Our latest issue is now available to download in PDF format, free of charge.

  • View PDF

  • As well as an extensive Powder Metallurgy industry news section, this 120-page issue includes the following exclusive articles and reports:

    • Powder Metallurgy has always been green. Now, we need to learn to talk about it
    • 39th Hagen Symposium 2021: Sustainable solutions and new markets for Powder Metallurgy
    • Euro PM2021: A view to CO2 reduction across the Powder Metallurgy workflow
    • How to make metal powders. Part 2: Understanding water atomisation and water atomised powders
    • Gasbarre Products, Inc: Three generations of press and furnace expertise in the heartland of North America’s PM industry
    • More information

    Industry News

    E-newsletter

    Sign up to our free e-newsletter, sent weekly to industry professionals around the world. We'll also let you know each time a new issue of PM Review magazine is available.

    Subscribe for a FREE digital magazine

    PM Review is the leading international magazine for the Powder Metallurgy industry.
    Published four times a year, it is available as a free download or through a print subscription

    Connect with us

    Powder Metallurgy: The original net-shape production process

    Powder Metallurgy components are relied upon by a wide variety of manufacturing industries, from automotive to power tools, household appliances, chemical engineering, filtration and more.

    The main reason for the technology’s success is its cost-effectiveness at producing high volumes of net-shape components, combined with its ability to allow the manufacture of products that, because of the production processes, simply cannot be manufactured by other methods.

    To discover more about how the technology has revolutionised component production, browse our Introduction to Powder Metallurgy.

    Latest industry news

    Copy link