On the 1st of October 2022 Amantys Power Electronics Ltd announced that it has sold its Gate Drive business to Poweronics Ltd in a deal that sees Poweronics taking on and fulfilling the existing order book of Amantys for Gate Drives and continuing to supply the existing Amantys customer base. The deal will enable Amantys to focus and grow its efforts on research and development activities to support strategic customers who require digital techniques to monitor and control power electronic systems.
Poweronics Ltd is a company that is owned and staffed by former Amantys employees.
Amantys Power Electronics Ltd is a wholly owned subsidiary of Maschinenfabrik Reinhausen GmbH.