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Riedon expands with solar panel shunt maker

Business news |
By Christoph Hammerschmidt


Riedon is acquiring all of Deltec’s assets and products, enabling the company to consolidate its position in its core markets, including instrumentation, aerospace, and defence, and significantly expand into key fast-growing market sectors in renewable energy applications and power supply design.

Deltec started in 1986 as a manufacturer of DC ammeter shunts, available in 10 different sizes, as well as fuse blocks. The company has supplied solar and wind inverter markets, along with specialised shunt designs for many renewable-energy applications, in addition to the recreational vehicle (RV) and boat power-supply market segments.

“The acquisition of Deltec will provide Riedon with global scale, expanding our capabilities to service existing customers and increase our customer base in the renewable energy and power supply industries,” said Frieda Hovsepian, VP Sales & Marketing at Riedon. “Through this acquisition, Riedon becomes a major manufacturer of current shunt products, enabling us to offer better pricing, lead times and custom-designed services.”

www.riedon.com 


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