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.