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TB&C Joins Delta Electronics as Acquisition Complete

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TB&C announced today the completion of the Company’s acquisition by Delta, a global leading provider of power and thermal management solutions. With a strong focus on innovation, Delta has successfully developed EV powertrain solutions for global major automotive companies, as well as automotive magnetic components, passive components and thermal management solutions. TB&C develops industry-leading hybrid technologies for mechanical components applied in automotive, industrial, and medical applications. The transaction is expected to generate generate substantial synergies by leveraging both companies’ R&D and manufacturing resources to accelerate their overall EV business expansion

Robert van der Weck, CEO of TB&C, said, “E-mobility is the key strategic segment of our hybrid components and drives our sustainable growth going forward. In our focus areas in e-mobility, Delta’s Component Business Group’s outstanding electronics components have been widely recognized by global automotive companies. We are happy to join Delta and believe the complementarity between Delta and TB&C in technologies will create synergies in developing innovative product offerings with higher added-value for our customers. Moreover, Delta’s capabilities in smart manufacturing and its economic scale will definitively enhance our overall competitiveness.”

After the acquisition, TB&C continue to operate under its existing executive management team. As a wholly owned subsidiary of Delta, it is expected that TB&C’s leading technologies will be integrated with Delta’s Component Business Group’s automotive component product lines to expand its EV product offerings, such as applications for EV battery management system (BMS).

About TB&C
TB&C has excellent R&D and sales teams as well as manufacturing facilities in its operational headquarters in Germany. In addition, it has manufacturing bases in Mexico and Romania. TB&C is an industry leader in hybrid components with core competence including outsert technology, insert technology, over molding, and multi-component injection molding. https://www.hybrid-technologies.com/

About Delta

Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 12 consecutive years. In 2020 and 2022, Delta was also recognized by CDP with double A List for its substantial contribution to climate change and water security issues and named Supplier Engagement Leader for its development of a sustainable value chain for 6 consecutive years.

For detailed information about Delta, please visit: www.deltaww.com

DELTA ELECTRONICS NETHERLANDS BV
Zandsteen 15
2132 MZ Hoofddorp
The Netherlands
Wu Judy
Phone : +31 (0)20 655 09 06 / 31(0) 611-581-859
jwu@deltaww.com

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