Deltronics NKr3.87 billion acquisition of Eltek

Overview:

• Deltronics has completed its NKr3.87 billion acquisition of Norwegian power electronics company Eltek.
• Deltronics is a subsidiary of Taiwanese Delta Electronics.
• This was the first acquisition of a company listed on the Oslo Stock Exchange by a Taiwanese buyer.
• Pareto Securities acted as financial adviser for Delta Electronics.
• Citigroup and Arctic Securities served as financial advisers for Eltek.

Kurt Stumpo - Journalist