Coil Innovation GmbH is pleased to announce a significant milestone in the strategic development of the company:
Coil Holding GmbH will acquire 100% of the shares of Haase GmbH, Graz. The negotiations were successfully concluded and the purchase agreement was signed by all parties on August 23, 2024. The closing is expected to be completed by the end of 2024.
With this acquisition, Coil Innovation GmbH strengthens its market position and expands its product portfolio with innovative solutions and valuable technologies from Haase GmbH. Haase GmbH already supplies all aluminum conductor materials for the production of Coil Innovation’s air-core dry-type reactors.
The entire team of Coil Innovation GmbH is excited to work alongside our new colleagues from Haase GmbH to shape this new chapter of our company’s history and to actively contribute to the future of electrical power technology and the energy transition.
This acquisition is a central component of the overall “Coil 2030” strategy for the further development of the Coil Group, on which we will publish further information in due course.
We thank everyone involved who made this milestone possible and look forward to the challenges and opportunities ahead.
