About PowerTech Converter
PowerTech Converter is an Energy & Utilities company based in Berlin (Germany) founded in 1843, and was acquired by ABB in September 2022. It operates as an electricity and energy are supplied by PowerTech Converter. The company has 436 employees. Its chief executive is Alex Marton. Its focus areas include Energy.
Company details
PowerTech Converter was established in 1843 in Berlin, Germany, and operates within the energy sector. Electricity and energy are provided as core services to support industrial and commercial needs. The companys activities are centered in Europe, with a focus on reliable power distribution and conversion technologies. Online presence is maintained through the domain powertech-converter.com. Leadership is held by CEO Alex Marton, overseeing strategic operations in the field.
- Headquarters Berlin, Germany
- Employees 436
- Stage Acquired
- SectorsEnergy & Utilities
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- Website powertech-converter.com
- Social LinkedIn
- Acquired by ABB (Sep 2022)
Investors in PowerTech Converter
PowerTech Converter has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ABB.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-utility robotic solutions and automation products are provided to industries. | – | abb.com | Zurich, Switzerland |
Investor details for PowerTech Converter
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- Round participation
- Investor portfolios
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People of PowerTech Converter
1 people are tracked at PowerTech Converter (1 in leadership); the tracked headcount is 436.
| Name | Role | Group |
|---|---|---|
Alex Marton | CEO | Leadership |
Complete people profiles for PowerTech Converter
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of PowerTech Converter
2 dated milestones of PowerTech Converter across 179 years, from founding to its latest funding, stage changes and deals.
- Founded PowerTech Converter is founded.
- Exit Acquired by ABB.
Top companies in Power Transmission & Distribution
10 companies that operate in the same segment as PowerTech Converter (Power Transmission & Distribution), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
EDF is engaged in electricity production and distribution in France. | 1946 | Paris, France | – | – | 151,073 | |
Electrical, hydraulic, and mechanical power management solutions are provided. | 1911 | United States | – | USD 27.45 B | 92,000 | |
Power distribution and secure services in Telangana. | 2014 | Hyderabad, Telangana, India | – | USD 4.12 B | 16,102 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | – | USD 114.37 M | 618 | |
Electricity transmission utility projects are developed in India. | 2010 | Mumbai, Maharashtra, India | USD 167.58 M | USD 603.94 M | – | |
Pumps and motors are manufactured by WEG for industrial use. | 1961 | Duluth, United States | – | USD 7.45 B | 47,530 | |
Electricity is supplied with integrated services for power infrastructure projects. | 2008 | Thane, Maharashtra, India | USD 18.47 M | USD 133.02 M | 1,045 | |
High-voltage, medium-voltage, and low-voltage cables and accessories are manufactured. | 1891 | Copenhagen, Denmark | – | – | – | |
Electricity distribution services are provided in Sydney by Ausgrid. | 2009 | Sydney, New South Wales, Australia | – | – | – | |
Electricity generation and distribution are managed in India. | 1996 | Ahmedabad, Gujarat, India | – | USD 3.08 B | 20,250 |
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Frequently Asked Questions about PowerTech Converter
PowerTech Converter was founded in 1843.
PowerTech Converter is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Alex Marton is the current CEO of PowerTech Converter.
PowerTech Converter has 436 employees.
PowerTech Converter was established in 1843 in Berlin, Germany, and operates within the energy sector. Electricity and energy are provided as core services to support industrial and commercial needs. The companys activities are centered in Europe, with a focus on reliable power distribution and conversion technologies. Online presence is maintained through the domain powertech-converter.com. Leadership is held by CEO Alex Marton, overseeing strategic operations in the field.
PowerTech Converter has 1 investor. Key investors include ABB.
Yes. PowerTech Converter was acquired by ABB in September 2022.
