Vincotech: A New Name with Established Credentials
Vincotech has been announced as a new name in the world of power and navigation electronics, but it holds a long and successful tradition. Originating from the former Electronic Modules division of Tyco Electronics, Vincotech is now a stand-alone company focussing on telematics applications, industrial drives and solar power generation.
In 2007, when Tyco International split into three separate legal entities, one of them being Tyco Electronics, the decision was taken to divest the Power Systems business unit to the Gores Group. This business unit included the Electronic Modules division that has now become Vincotech and which can boast more than 10 years of successful operation.
This internationally expanding company is headquartered in Munich, Germany, and has production sites in Bicske, Hungary as well as in Shenzhen, China, with sales offices worldwide. With a current turnover of about $100 M the company employs approximately 600 people globally.