Spanish investment firm Talde Gestión SGEIC SA acquired a majority stake in P4Q Electronics for an undisclosed amount.

P4Q manufactures electronic products and systems for the solar, automotive, rail and other industrial sectors. It aims to boost its solar business by expanding its capacity and modernizing its facilities in Alonsótegi, Spain, and accelerate the development of its other ventures in automotive or other sectors.

The management team of the target company will stay intact and the managing members will remain relevant shareholders.