BMZ Group acquires electronics manufacturer Visatronic
BMZ Group, a global specialist in lithium-ion batteries, is pleased to announce the acquisition of Visatronic GmbH in the form of a strategic investment.
The manufacturer of electronic flat modules, located in Mainhausen, Germany, has been a supplier to BMZ Group for many years.
Effective March, 1st, 2023, BMZ Holding GmbH has taken over the Mainhausen-based company. The manufacturer of complete electronic flat modules (electronic manufacturing services – EMS) produces individually on behalf of customers and has already been a valued supplier of the globally operating battery manufacturer for years.
The takeover of the economically very well positioned company, which can look back on a steady, organic growth since its foundation and was able to record 2022 as the best year in its company history, offers immense synergies for both sides. Both sides make a point of maintaining the economic independence of Visatronic.
BMZ will integrate its supplier into the group in order to increase the security of supply. Visatronic, for its part, will benefit in return from a gigantic network expansion, particularly on the global stage, especially with regards to opportunities in purchasing, sales and expansion of production capacities.
The management, which has been in the hands of the Gebauer brothers since 2000, will remain contractually secured for at least three more fiscal years. Beyond that, no fundamental changes are planned for existing customers and employees.
CEO and Founder of BMZ Group Sven Bauer explains: "We are very pleased about the inclusion of Visatronic into the BMZ Group. This strengthens another important Made in Germany factor in battery manufacturing. In times of uncertain supply chains, such alliances are indispensable for technology companies."
Visatronic Managing Director Michael Gebauer adds: "We have known and appreciated the BMZ Group as a customer for many years and are taking the well-considered step of joining the Group primarily with a view to expansion opportunities and future security for the company and its employees."