(ANSA) - LUBIANA - Slovenia's Kolektor group, a multinational company operating in the field of components and systems for the automotive industry and assembly technology, signed today a contract and became the owner of the Italian group Microtel Group, manufacturer of electronic modules and sensors. A press release issued by Idrija-based company reported that the parties have been working on the buying process for almost two years, even though the sale figures have not been disclosed. In order to reach the 2020 target of 1bn turnover, Kolektor has decided to undertake an active buying policy, in addition to organic growth investments, thus the acquisition of Microtel Group will complete the portfolio of electronic products and will develop synergies, turning Kolektor into one of the most important suppliers of these components, with a think-tank for electronic sensors at the heart of Lombardy. Microtel Group, with a 45mn turnover and 350 employees, owns production plants in both Italy (Microtel) and Germany (Siegert electronic), with representative offices in France and China.

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