Belgium-headquartered KINOLT was established in 1989. The Company designs, manufactures and maintains mission-critical dynamic uninterruptable power supply (“Dynamic UPS”) systems for top-tier customers in EMEA, the Americas and Asia Pacific through its worldwide network of 13 group companies complemented by a network of distributors.
During our investment, KINOLT saw significant international expansion through the success of its unique NO-BREAK KS® Dynamic UPS systems which ensure that its customers are protected from power supply failures. This is a mission-critical product for its customers, which include data centres, hospitals, airports, banks, road and railway tunnels.
This transaction involved a recommendation of 3i Investments plc, advised by 3i Benelux.