FRIWO AG Sells DIN Rail Power Supply Business

On December 31, 2024, FRIWO AG announced a significant business divestment. The company, known for power supplies and digital drive solutions, is planning to sell its DIN rail power supply segment. This decision is part of a framework agreement that awaits completion by the first half of 2025.

In 2024, this division generated sales of approximately EUR 11 million, maintaining good profitability. The buyer is a leading entity in the electrical engineering and automation sector, already a major customer of FRIWO's relevant products. This transaction involves a purchase price positioned in the low double-digit million-euro range.

FRIWO's goal is to reinvest the proceeds into enhancing its core business operations. The divested segment was not strategically aligned with FRIWO's other activities, facilitating this decision to focus resources on growth areas.