Anritsu Corp. will acquire Austrian power measurement specialist Dewetron GmbH for €54 million ($61.6 million) as the Japanese equipment maker pushes deeper into the electric vehicle testing market. The deal, announced April 26, will deliver a one-off net profit of about €36 million to Dewetron’s current owner, TKH Group NV.
The agreement, signed with Dutch-based TKH, will give Anritsu 100% ownership of Dewetron, a Grambach-based provider of high-speed power measurement and data collection instruments. The acquisition remains subject to regulatory approval, with completion expected in July.
Hirokazu Hamada, Anritsu’s CEO, indicated the purchase will significantly strengthen the company’s position in the “booming EV/battery testing market” while Dewetron will benefit from access to Anritsu’s global sales channels.
The move aligns with Anritsu’s medium-term strategy through March 2027, which targets expansion in EV battery-related fields. The Japanese firm entered this market in 2022 with its acquisition of domestic supplier Takasago.
Founded in 1989, Dewetron employs over 150 people across 25 countries. The Austrian company generated revenue of €29.4 million in 2024, with earnings before interest, taxes and amortization of €3 million.
The companies plan to jointly develop automotive testing equipment as demand for EV battery solutions accelerates globally.