-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
KATEK Acquires Leesys Group in Leipzig
December 28, 2020 | KATEK SEEstimated reading time: 1 minute
KATEK SE, the second largest German electronics service provider, acquires the Leipzig-based Leesys Group. The Munich-based electronics service provider is thus continuing on its growth path.
The finalization of the transaction is planned for the beginning of next year and is subject to the approval of the antitrust authorities, broad employee approval of the transfer and the conclusion of an in-house collective bargaining agreement that will keep the Leipzig site competitive in the long term.
Leesys has been successful in the market for years, but opened insolvency in self-administration due to the collapse in sales of two major customers in the crisis year 2020. KATEK takes over in the course of the transaction:
- the Leipzig electronics site with just under 250 employees, as well as all obligations arising from ongoing business operations with customers and suppliers
- the Leesys site in Lithuania
- as well as the TeleAlarm Group with locations in Switzerland, the Netherlands and Germany – a market leader in the field of hardware and software solutions that help elderly people and people with physical disabilities to lead a self-determined life in their familiar surroundings
Rainer Koppitz, CEO of the KATEK Group: “Leesys, the future KATEK Leipzig GmbH, with its subsidiary TeleAlarm, will become another independently managed speedboat of the KATEK fleet. We are pleased that we were able to convince the long-standing managing director Dr. Arnd Karden to continue his consistent course of economically sustainable positioning in the future as part of the KATEK family.”
Dr. Arnd Karden, future Managing Director of KATEK Leipzig GmbH, adds: “We are pleased to have a partner in KATEK SE that will enable us to continue the successful course we have been pursuing in recent years. Our expertise in the development and production of complete systems, especially in the automotive, industry and smart city sectors, has led to numerous successful projects with our customers; for example, in products for eMobility such as charging technology or for IoT applications. I would like to thank our customers, as well as our suppliers and employees, for their loyalty, and promise to continue our successful cooperation.”
The acquisition is a logical continuation of KATEK’s strategy of further growth in its core area of electronics services, while at the same time building up new competencies in the high-potential, sophisticated area of high-value electronics. This includes, for example, TeleAlarm with its successful solutions in the health care market.
Suggested Items
IPC Bestows Posthumous Hall of Fame Award to Industry Icon Michael Ford
04/18/2024 | IPCIPC honored the late Michael Ford, Aegis Software, for his extraordinary contributions to the global electronics manufacturing industry with the IPC Raymond E. Pritchard Hall of Fame Award at IPC APEX EXPO 2024. IPC’s most prestigious honor, the Hall of Fame Award is given to individuals who have provided exceptional service and advancement to IPC and the electronics industry. Ford, an industry leader and valued IPC volunteer, died suddenly in January 2024.
SEMI Applauds U.S. Chips Act Award for Samsung Electronics Facilities to Strengthen Domestic Semiconductor Supply Chain
04/17/2024 | SEMISEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded the United States Department of Commerce’s announcement of a Preliminary Memorandum of Terms for an award under the CHIPS and Science Act to support the expansion of Samsung Electronics’ presence in Texas and the company’s development and production of leading-edge chips.
Northrop Grumman honors Calumet Electronics with Supplier Excellence Award
04/17/2024 | Calumet ElectronicsNorthrop Grumman Corporation has recognized Calumet Electronics during the company’s 2024 Supplier Excellence Awards for “exceptional performance and unwavering commitment to delivering with excellence.” Calumet is one of 70 suppliers recognized from across the globe. In its award category of “Supplier Strategic Excellence,” Calumet was honored alongside global corporations such as Amazon Web Services, Dell Technologies, and Eaton Corporation.
Ark Electronics Expands Global Manufacturing Factory Network in North America and Europe
04/17/2024 | PRNewswireElectronic Manufacturing Company Ark Electronics recently announced the expansion of its Global Factory Network with the addition of Electronics Manufacturing Service (EMS) capabilities in Mexico and Europe.
Designing Electronics for High Thermal Loads
04/16/2024 | Akber Roy, Rush PCB Inc.Developing proactive thermal management strategies is important in the early stages of the PCB design cycle to minimize costly redesign iterations. Here, I delve into key aspects of electronic design that hold particular relevance for managing heat in electronic systems. Each of these considerations plays a pivotal role in enhancing the reliability and performance of the overall system.