With this acquisition, PREIS Group strengthens its market position and expands its product portfolio in the field of high-quality components for power distribution.
“GIPRO is an excellent addition to our portfolio. Together, we can meet the growing demand for high-quality components for power distribution,” explains Peter Jägersberger, CEO of PREIS Group. “The high expectations of our partners drive us to continuously develop further and invest in modern technologies.”
This acquisition is an important step in further expanding our strategic direction through sustainable growth.
- Strengthening Corporate Stability
The expansion makes the company more resilient to market changes and crises. - Expanded Innovation Capacity
Access to new technologies, processes and markets that offer advantages across all industries. - Long-Term Cooperation and Security
Supporting a sustainable corporate strategy focused on long-term growth. - Increased Market Expertise
Additional market understanding and expertise in business development.
Due to the excellent order situation, GIPRO’s new management team is planning further new hires and investments, creating positive momentum for the Styria region.
