Noratel acquired Hobart Electronics

Noratel acquired Hobart Electronics!DiscoverIE is an international leader in customized electronics, focusing on structurally growing markets driven by increasing electronic content, where there is an essential need for products.“Hobart will strengthen our organization in North America and provide access to manufacturing in Mexico” says Asle Braathen Tandberg, CEO, Noratel Group. Hobart Electronics will operate as part of Noratel, while retaining its distinct brand identity. Hobart Electronics is a US-based designer and manufacturer of custom transformers, inductors and magnetic components. The headquarter is in Hobart, Indiana, with four manufacturing facilities in the US and Mexico, employing approximately 260 people.