Finnish technology company Epec Oy has acquired Dutch firm Bram Engineers B.V. for an undisclosed sum.
Epec will acquire Bram today to strengthen its software development, systems engineering services and product offering for automotive electronics designs in Europe.
The two companies have had a long-term partnership with Bram distributing Epec’s motor controller systems for many years. The acquisition will make it possible to provide customers software development and systems engineering services and products related to software, electrification, autonomous systems and control systems even more widely in the future.
Epec, part of the Ponsse Group, is a system manufacturer specializing in electronics and software for machinery and commercial vehicles operating in demanding conditions, electric powertrain systems, and assistive and autonomous systems.
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Earlier this year, Epec expanded into the United States and established an office in Milwaukee. The company also has an office focused on sales and customer support in China, as well as a dealer network around the world.
Epec has actively sought expansion opportunities in Europe.
“The acquisition of Bram Engineers is an important strategic development step for us, and together we will be able to better support the business operations of both Bram Engineers and Epec’s European customers. Epec’s customers are not only looking for high-tech products but also services that keep them at the forefront of machine development and manufacturing,” says Jyri Kylä-Kaila, CEO of Epec.
The acquisition will strengthen the customer service of both companies as Bram Engineers is known for its high-quality service.
“We have several ongoing projects with our customers related to, for example, customized products, which also opens up new cooperation opportunities for Bram Engineers’ customers,” said Kylä-Kaila.
The Finnish Ponsse group builds off road and construction machinery and is one of the world’s largest manufacturers of cut-to-length forest machines.