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
“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
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.
