Italy’s EK Group, through its subsidiary MB Technology, announced that it has acquired ATB Srl, also based in Italy, as part of its expansion plans.

A press release said that ATB, located in Pieve Vergonte, in the province of Verbano-Cusio-Ossola, is involved in manufacturing and assembling electrical and electronic wiring, as well as creating control panels for industrial automation. It specializes in manufacturing spiral cables and molding high- and low-pressure connections.

Roberto Gallingani, president & CEO of Elettrotek Kabel SpA), believes that the acquisition of ATB will allow EK Group to expand the activities of the wiring harness division. He noted that this has become an increasingly important part of the EK Group, which has some 320 employees divided into three divisions (production of electrical cables, distribution of electrical cables and wiring).