Advent International, Boston, a private equity group, has acquired Moeller Group, one of Germany’s largest privately owned industrial manufacturers. The value of the acquisition has not been disclosed.

Headquartered in Bonn, Moeller, formerly Kloeckner-Moeller, has approximately 11,000 employees worldwide and generates annual revenues of approximately $1.24 billion from 32 production facilities. Founded in 1899, Moeller distributes products into more than 80 countries around the world, selling directly to industry, distributors and wholesalers. Its main competitors include Schneider, Rockwell and Siemens. The company has a strong position in the growing European low-voltage components, automation and system markets. Its core products for the U.S. market include IEC motor controls and related products for the industrial and automation markets.

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