Japanese Cosel announced that it has acquired The Powerbox Group. The Powerbox Group and its subsidiaries employ 120 people, with a consolidated turnover of more than EUR 40m throughout 15 countries. With design centers in Sweden (HQ), Germany and Netherlands as well as offices throughout Europe, USA, China and Australia, they specialize in the design and manufacturing of standard, semi-standard and full custom power supplies throughout the industrial, medical, transportation and defense sectors.