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LEONI AG’s 50.1% Stake Acquired by China’s Luxshare

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Luxshare, a Chinese electronic components manufacturer, has agreed that it will acquire a 50.1% stake in LEONI AG, a cable and harnessing manufacturing firm in Germany, which was previously fully owned by Pierer. Oct 25, 2024 Austrian entrepreneur Stefan Pierer and Luxshare, a Chinese electronic components manufacturer, have agreed that......
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Ravicab Cables-Acquired Leoni Cable Solutions India Rebranded as Elegar Kerpen, Targets 3-Fold Sales Growth by 2026-27

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Leoni Cable Solutions India, an Indian subsidiary of German company Leoni AG, acquired by Ravicab Cables and rebranded as Elegar Kerpen, is eyeing a three-fold sales growth by 2026-27. Oct 17, 2023 Ravicab Cables Private Limited acquired 100 percent equity in Leoni Cable Solutions India Private Limited (LCSI). Post divestiture......
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Ravicab Cables Private Limited Acquires Leoni Cable Solutions

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Ravicab Cables Private Limited announces the acquisition of Leoni Cable Solution India Private Limited (LCSI), Pune, a fully owned subsidiary of Leoni AG. The acquisition is a win-win situation for both companies. September 13, 2022 Ravicab Cables Private Limited announces the acquisition of Leoni Cable Solutions India Private Limited (LCSI),......
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“Office employees & supporting functions are able to work remotely through online meetings”

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Operations and Workforce Management Before Corona We used to work in 3 shifts for 8 hours each before the pandemic and there was flexibility in shuffling the manpower. There were no travelling restrictions and need for social distancing. There was limited uncertainty towards employee absenteeism. Preventive maintenance and machines which......
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