On 11 December 2020 Italweber spa, a leading company in the production and distribution of products for electrical protection and safety, owner of 75% of the shares in the subsidiary Italweber Elettra srl, acquired the remaining 25% belonging to the founder Stefano Renon.
The operation, even in a difficult historical moment due to the pandemic, is part of the development strategy of the Group which, with the acquisitions of, Elettra Renon, Ce Elettromeccanica srl , Amadori srl and the recent Ocmei srl, reaches a total turnover of 24 M €.
With this initiative, new opportunities are opening up for Italweber Elettra, in particular on foreign markets where distributors of the ITALWEBER company are already present, and where it is therefore possible to create synergy by offering them the opportunity to expand the product portfolio to the same markets and applications
The new corporate structure also opens up new opportunities for development in Italy with the Distributors of electrical equipment, our privileged Partners.