Schaffner Acquires JACKE Transformatoren to Expand EMC Position Worldwide
Swiss-based Schaffner Group announced that it is acquiring German-based JACKE Transformatoren GmbH. The integration is expected to expand the Schaffner Group's EMC competence to include Jacke power quality technology. By acquiring Jacke, Schaffner claims that it is becoming the first global company to offer integrated EMC, power quality and energy supply solutions for systems and equipment. The Schaffner Group expects that the integration of Jacke will generate sales of around CHF 17 million in fiscal year 2006-2007 and will have a neutral effect on the EBIT margin. It was agreed that the purchase price would not be disclosed.
The combination of Schaffner's EMC expertise and Jacke's power quality competence creates the basis for developing innovative products that is expected to enhance not only the operating safety and efficiency of electrical and electronic systems but also their productivity and profitability. Moreover, the international organization of the Schaffner Group makes it possible to provide both customer-specific engineering and production in compliance with all the major quality and performance standards on a worldwide basis while still maintaining the company's strategic focus.
Schaffner Jacke GmbH has engineering and production capacities in Büren, Germany, and will continue to be led by the hitherto management team. With its concentration on rail vehicle technology, wind power, navigation, telecommunications and transformer engineering, it will be integrated in the Schaffner Group's international Components Division.
