Manz AG: Multiple major orders amounting to around EUR 40 million spur growth in the Battery business segment
07.01.2015 | Reutlingen
- Total order value of around EUR 40 million raises the Battery business segment into a new revenue range
- Multiple orders for production equipment for both wound and stacked batteries highlight the unique technology portfolio
- Dieter Manz is certain of the Battery business segment's enormous potential for growth
Manz AG, one of the world’s leading high-tech equipment manufacturer's with an extensive technology portfolio in the three strategic business segments "Display," "Solar" and "Battery," has received multiple major orders in the Battery business segment with a total volume amounting to around EUR 40 million.
These orders comprise innovative production solutions for lithium-ion batteries for electronic devices. The importance of battery service life and battery size is continuously increasing in the segment of consumer electronics. Both factors can be influenced significantly by the production technology that is used. With its globally unique technology portfolio for the production of all current cell concepts – from wound coin cells to stacked pouch cells – Manz AG plays a major part in the continued development of lithium-ion battery technology. The advanced battery manufacturing technology developed by Manz enable a battery that is smaller in size and also has a longer service life. Both of these factors have a positive effect on the properties of the end devices, thereby giving Manz clients calculable competitive advantages.
Manz AG recently impressed multiple clients from diverse industries with its technological expertise in the production of lithium-ion batteries. Also the acquisition of Manz Italy (formerly Arcotronics) in May 2014 has contributed decisively to this success. With this acquisition, Manz AG expanded its stacking technology know-how by decades of experience in winding and laminating technology. Thereby the company transferred its outstanding reputation in electromobility to the consumer electronics market.
Dieter Manz, CEO and founder of Manz AG, stated: "We have positioned ourselves successfully at an early stage as an innovation driver in the market for lithium-ion batteries. In this regard, we also benefit greatly from the fast and successful integration of Manz Italy. Without the acquisition of the former Arcotronics, we would never have succeeded in opening the market for consumer electronics so quickly and, above all, so successfully. With the major orders that we have now obtained we are raising the Battery business segment to a new revenue range, thereby taking another important step towards diversifying our technology and customer portfolio."
Dieter Manz is very optimistic about further development in light of Manz AG's excellent positioning in this attractive market: "The potential for us as a leading high-tech equipment manufacturer in the lithium-ion battery segment is huge. In addition to the existing extensive battery segment for consumer electronics, markets of the future, such as electromobility and stationary energy storage, will also drive the market dynamic further forward. I am certain that these contracts are just the beginning and that we will continue to grow considerably in the Battery segment as well."