CTEK Group announced today the acquisition of the Inelco Group’s battery charging business. The deal became effective on November 1, 2013, and was announced today at the 2013 SEMA Show.
CTEK develops, markets and sells lead acid and lithium ion battery chargers. CTEK 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.