News

CTEK Sweden acquires the Charging Business from Inelco Group

November 07, 2013 by Jeff Shepard

CTEK Group with head office in Vikmanshyttan, Sweden has acquired the battery charging business from the Inelco Group as of 1 November 2013. CTEK Group 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 within total 30 employees.

“CTEK Group is looking forward to develop the cooperation with customers and suppliers and expanding the future business,” stated 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.