Efore Group is an international company which designs and manufactures custom and standard DC power systems, AC/DC power supplies, and LED Drivers for a wide range of demanding industry applications including telecom, industrial, medical, lighting, utility, railway, and military. Efores story began in March 1975 in Finland. Since then, Efore has grown from a six person engineering office to a truly global organization, operating on four continents and serving customers worldwide.
In 2013 Efore acquired ROAL Electronics, a recognized leader in digital power conversion and solid state lighting power products. Under the well-known ROAL brand, Efore designs and manufactures cutting edge power conversion products that offer superior energy efficiency, more intelligent designs, flexibility and creativity for the Industrial, Medical, DataCom, LED Lighting and Marine markets.
In 2018 Efore completed the acquisition of PowerNet International Oy, a well known developer of customized power supply and power distribution packages for many industries, including railway. Powernet has also been a forerunner in the development of IoT enabled condition monitoring of power supply and power distribution packages. The acquisition further shifts Efore's focus towards higher value-added products and solutions. Efore's Systems business and Powernet form a strong platform based on Finnish know-how dating back years, on which Efore and Powernet can together build new and growing business opportunities.
Efore's head office is based in Finland and its sales, marketing and R&D functions are located in Europe and China. The Group also has a sales and marketing unit in the United States. In the financial year ending December 31, 2018, consolidated net sales totalled EUR 52.4 million and the Group's personnel averaged 406. The parent company's share is quoted on the Nasdaq Helsinki Ltd.