RECOM expands expertise in high-end power product design and manufacture with the acquisition of LECO
Sep 5, 2024
RECOM’s portfolio of products and capabilities is now significantly enhanced. New full custom and standard power conversion solutions addressing high-end markets such as critical industrial automation are now available, leveraging the technology, experience and skills of new acquisition LECO.
Austria-based LECO is one of only a few companies that specialize in design and manufacture of full custom, high-end power solutions. Power-dense products meet the most exacting specifications, and the company has an active commitment to excel in technology, quality and customer service.
The acquisition of LECO is a strategic move for RECOM, designed to cement the company’s position as a globally-acting and functionally diversified power supply market leader. By integrating LECO’s engineering expertise and high-end power conversion products into its portfolio, RECOM enhances its market position and delivers more, comprehensive, high-end power supply solutions to its global customer base. This not only strengthens RECOM's position in the power supply market but also aligns with the company’s goal of becoming a Global Champion for Power Supply Systems.
Clearwater advised RECOM on the transaction as M&A advisor.
“We are proud to have established this partnership with LECO. This provides us with an opportunity to expand our engineering capabilities and product portfolio for our customers, especially in industrial, automation & supply chain end-markets, as well as leveraging our global footprint for the sale of LECO high-end products.”, Karsten Bier, CEO and Shareholder, RECOM.
Leco GmbH (https://leco-powersupplies.com/)
Based in Ennsdorf, Austria, LECO has an extensive product range including AC/DC and DC/DC converters, which are utilized across various industrial sectors. Known for its technological excellence, product reliability and dependability, LECO has garnered a solid reputation in the market.
“Joining the RECOM group is a significant milestone for LECO. RECOM’s international presence provides us with an opportunity to expand our reach in highly attractive end-markets and leverage our engineering capabilities towards development of further innovative power supply products.”, Harald Weinmeier, Managing Director, LECO
The acquisition of LECO is a strategic move for RECOM, designed to cement the company’s position as a globally-acting and functionally diversified power supply market leader. By integrating LECO’s engineering expertise and high-end power conversion products into its portfolio, RECOM enhances its market position and delivers more, comprehensive, high-end power supply solutions to its global customer base. This not only strengthens RECOM's position in the power supply market but also aligns with the company’s goal of becoming a Global Champion for Power Supply Systems.
Clearwater advised RECOM on the transaction as M&A advisor.
“We are proud to have established this partnership with LECO. This provides us with an opportunity to expand our engineering capabilities and product portfolio for our customers, especially in industrial, automation & supply chain end-markets, as well as leveraging our global footprint for the sale of LECO high-end products.”, Karsten Bier, CEO and Shareholder, RECOM.
Leco GmbH (https://leco-powersupplies.com/)
Based in Ennsdorf, Austria, LECO has an extensive product range including AC/DC and DC/DC converters, which are utilized across various industrial sectors. Known for its technological excellence, product reliability and dependability, LECO has garnered a solid reputation in the market.
“Joining the RECOM group is a significant milestone for LECO. RECOM’s international presence provides us with an opportunity to expand our reach in highly attractive end-markets and leverage our engineering capabilities towards development of further innovative power supply products.”, Harald Weinmeier, Managing Director, LECO