Growth Strategy

Capacitor development is continuous, though the basic functions of the product are the same as they were 60 years earlier. The core of Evox Rifa’s growth strategy is a major investment in R&D which now accounts for about 4% of net turnover.

R&D is customer-oriented and consists of development of new product families in line with general technical developments, and of working closely with customers to tailor products for their particular needs.

Evox Rifa also aims to grow through company acquisitions and new partnerships. In 2001 Evox Rifa acquired the Swedish company, Dectron AB, which concentrates on demanding electro-technical solutions and EMC testing. The acquisition strengthens Evox Rifa’s technical know-how in the development of customized capacitor-based solutions.

In the spring of 2002 Evox Rifa completed the acquisition of the British BHC Aerovox Ltd. (now BHC Components Ltd.). The combination of Evox Rifa with BHC creates a leading manufacturer of electrolytic capacitors in Europe and one of the biggest in the world.

In 2002 Evox Rifa started a manufacturing joint venture called Nantong Evox Rifa Electrolytics Co., Ltd. in China specialising in the production of electrolytic capacitors. Evox Rifa has 80 percent holding in the joint venture with the Chinese Jianghai Capacitor Factory. Production started gradually during 2002.