Powerbox Acquired by HYPAX Corporation
Swedish power supply company Powerbox International AB has officially joined HYPAX Corporation following the completion of a transaction. The deal was finalized on September 2, 2026.
Powerbox International AB, a Swedish provider of power management solutions, has officially become part of HYPAX Corporation. The completion of this acquisition was announced on September 2, 2026, finalizing a transaction that began with an agreement involving COSEL Co., Ltd. earlier in the year.
The company, based in Sweden, specializes in AC/DC and DC/DC power supplies for demanding industries such as defense, medical, and industrial automation. The integration into HYPAX is expected to enhance Powerbox's market presence and expand its product portfolio and geographic reach.
HYPAX, formerly known as COSEL Europe, has now integrated Powerbox's business operations and product offerings. This combination aims to create synergistic advantages and provide customers with more comprehensive power solutions. Powerbox's previous owner, the Japanese power supply manufacturer COSEL, played a significant role in this ownership transition.
Powerbox is expected to continue its operations as part of the HYPAX group, leveraging combined expertise and market access. Further details on combined product roadmaps or strategic initiatives were not immediately available.