PowerTrunk’s parent company Teltronic divested to Spain-based Nazca Capital by Hytera
PowerTrunk announced the acquisition of its parent company, Teltronic S.A.U., by Spain-based Nazca Capital. The company is no longer affiliated with Hytera or China, and its operations and compliance status remain fully unchanged.
Jersey City, NJ – July 23, 2025
PowerTrunk Inc. is pleased to announce that the entire capital of its parent company, Spain-based Teltronic S.A.U., has been acquired by the Spanish private equity fund Nazca Capital. As a result of this acquisition, Teltronic’s previous owner, Hytera Communications Corporation, no longer has any shareholding ties with Teltronic, or Teltronic’s wholly owned subsidiary PowerTrunk, and therefore PowerTrunk no longer has any direct or indirect corporate relationship with the People’s Republic of China.
This acquisition does not change PowerTrunk’s product policy, as PowerTrunk has never supplied Hytera products to its US or Canadian customers. In turn, PowerTrunk was never impacted by the restrictions established in Section 889 of the John S. McCain National Defense Authorization Act of 2019, as PowerTrunk was authorized by the Committee on Foreign Investment in the United States (CFIUS) to continue supplying its products designed and manufactured at European locations to U.S. customers, including federal agencies and customers receiving federal funds, in July 2018. Consequently, following the indirect acquisition of PowerTrunk by Nazca Capital, PowerTrunk’s technological and manufacturing capabilities remain unchanged.
It is also important to note that PowerTrunk was never a party to the Motorola vs Hytera lawsuit, because PowerTrunk has never supplied Hytera DMR products. Thus, PowerTrunk continues to not be affected by any action that occurs in the Chicago federal court.
“We are pleased with this acquisition, which opens the door to a new era in which we hope to achieve as much or even greater success as PowerTrunk’s first era. This is excellent news for us and for our customers,” stated Jose Martin, President and CEO of PowerTrunk.
“We are determined to continue serving our American and Canadian customers with the same enthusiasm as before, with the added incentive of now being an American company with 100% European capital,” said Victor Hernandez, recently appointed Executive Vice President and COO of PowerTrunk.
About PowerTrunk
PowerTrunk Inc., the U.S. subsidiary of Teltronic S.A.U., is headquartered in Jersey City, New Jersey and is responsible for business development, distribution, and customer support for land mobile radio (LMR) projects in North America. With over 40 years of experience designing, manufacturing, implementing, and supporting turnkey land mobile radio projects, the group has more than 350 systems installed in more than 50 countries. Its LMR solutions are widely deployed in the public safety, oil and gas, transportation, and utilities sectors and products include complete network infrastructure, mobiles and hand portables radio terminals, and dispatching consoles.
See also:
www.nazca.es
Contact:
PowerTrunk, Suzie Dunn, 1-201-630-4520, [email protected]