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18/09/2024 – Acquisition

Luxshare’s investment boosts Leoni’s competitiveness

A transformative partnership has been established: With Luxshare’s investment, Leoni AG, and its Wiring Systems Division (WSD), gain an additional powerful shareholder, significantly enhancing market access, technological innovation, and financial stability. Simultaneously, the Luxshare subsidiary Time Interconnect Singapore will acquire the Automotive Cable Solutions (ACS) division from Leoni AG.

Luxshare-and-Leoni.jpg

Stefan Pierer, Grace Wang, Klaus Rinnerberger (from left). © Leoni

 
Luxshare-and-Leoni.jpg

Stefan Pierer, Grace Wang, Klaus Rinnerberger (from left). © Leoni

 
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Jörg Dambock
Editor-in-chief

Jörg Dambock

Leoni AG

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