Webasto has completed its takeover of electronics service provider, Schaidt Innovations, based in Wörth-Schaidt, Germany.
The business in Wörth-Schaidt will continue to operate with around 170 employees and will be absorbed into the Group with the name, Webasto Mechatronics. Both parties have agreed not to disclose details of the sale price.
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“The complexity and significance of electronic components for all Webasto products have been steadily increasing for years,” said Webasto chairman, Holger Engelmann.
“More than ever, having electronics know-how means having strategic know-how, which is also indispensable for automotive suppliers. With this acquisition, we are expanding our longstanding mechatronics expertise with a highly competent team for electronics contract manufacturing.”
The acquisition will allow Webasto to manufacture some electronics components in-house.
“Moreover, thanks to our very strong global presence we will be able to internationalise this new expertise if need be,” added Engelmann. “I am convinced the strong points of this youngest member of our family will sustainably support the development of all business units within the Webasto Group.”
As a service provider for Electronic Manufacturing Services (EMS), Webasto Mechatronics provides a spectrum of services ranging from equipping and testing of PCBs (printed circuit boards) to the assembly and production of mechatronics systems.
Before the takeover was complete, electronic assemblies for Webasto convertible roof systems were produced in Schaidt.
Ralf Beuse and Wolfgang Scheerer are assuming the management of Webasto Mechatronics.
