Home » SKODA GROUP Acquisition of 100% of Cegelec as shares accomplished – Companies

SKODA GROUP Acquisition of 100% of Cegelec as shares accomplished – Companies

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SKODA GROUP Acquisition of 100% of Cegelec as shares accomplished – Companies

The Škoda Group just lately accomplished the acquisition of 100% of the shares of Cegelec as from VINCI Energies, a division of the multinational VINCI Group. This operation will enable Škoda to increase its portfolio with a variety of elements for public transport automobiles, in addition to providing a collection of complementary companies.

This acquisition represents a big growth of the Škoda Group’s capabilities, enriching its know-how and buying a extremely certified workforce with intensive trade expertise. Cegelec as, now renamed Electric Components as, will proceed its actions inside the Škoda Group, beneath the supervision of Škoda Electric as

Electric Components as specializes within the improvement and manufacturing {of electrical} tools, with explicit consideration to the general public transport sector. The firm primarily focuses on offering tools for trams, trolleybuses, subways and suburban railways. In cooperation with different entities, Electric Components as additionally engages within the modernization of technique of transport, particularly trams initially produced by ČKD Praha.

The Chairman of the Board of Management and Commercial Director of Škoda Electric, Karel Majer, expressed enthusiasm for this new collaboration and declared himself desperate to work on each present and new tasks that can additional enrich the Škoda Group’s portfolio and contribute to its improvement in long run within the public transport sector.

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