Enatel Inc., an IDEAL Industries Inc. company, acquired DC Power Technologies, Inc. (DCPT) to enable growth in the North American market.
“This is a significant milestone for Enatel, DCPT, and our U.S. customers who rely on advanced industrial charging technology,” says Enatel general manager Mike Clifford. “Partnering more closely with DCPT allows Enatel to combine its industry-leading innovations with deep local market knowledge and connections.”
Key takeaways:
· The acquisition brings together the market expertise, service capabilities, and local resources of the DCPT team and Enatel’s ability to invest and scale the business.
· Enatel designs and manufactures state-of-the-art battery chargers for industrial electric vehicles in the material handling market under the Enatel and EcoCharge brands.
· DCPT adds software and service capabilities and technical expertise to the EcoCharge brand in the U.S. market.
“This acquisition solidifies the longstanding partnership of DCPT and Enatel and allows our business to scale and serve more customers than ever before. Family-oriented business is close to all our hearts, so we are delighted to join Enatel and the wider IDEAL Industries family,” adds Vern Allen, founder of DCPT.
