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INDUSTRIAL | Basic Materials
lappinsulators.com

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Acq - Fin | Alive

About LAPP Insulaters

LAPP Insulaters is a supplier of high voltage insulators. The company's porcelain, ceramic and composite products are used in high voltage and railway grids, switching systems and transformers in over 70 countries.

LAPP Insulaters Headquarter Location

Bahnhofstrabe 5

Wunsiedel, 95632,

Germany

+49 9232 50-0

Latest LAPP Insulaters News

German power company, Pfisterer Group, acquires LAPP Insulaters from Quadriga Capital

Oct 8, 2015

08/10/2015 · · General Industrials · Quadriga Capital The PFISTERER Group has secured a principle position in the global market for high voltage insulators with the acquisition of all the shares in LAPP Insulaters Holding. The PFISTERER Group, a market leading specialist supplier and systems provider for energy infrastructure, has secured a principle position in the global market for high voltage insulators with the acquisition of all the shares in LAPP Insulators Holding from Quadriga Capital. PFISTERER is now one of the few suppliers worldwide that can virtually cover the entire supply chain for both contact and isolation systems from energy eneration to energy distribution from a single source, thanks to the integration within their existing range of insulator strings and cable and contact systems. The purchase price was not disclosed. LAPP Insulators is the third-largest supplier of high voltage insulators in the world. Its porcelain, ceramic and composite products are used in high voltage and railway grids, switching systems and transformers in over 70 countries. LAPP Insulators is also active in the consulting and engineering business. The acquisition allows PFISTERER to achieve an important position in the overhead lines (OHL) market segment, which is seeing stable growth rates as a result of the growing demand for energy in emerging countries and the increasing use of renewable energies. The company already enjoys a very high level of market penetration in North and South America, Eastern Europe and the Middle East. The collective product range now covers all the requirements of different voltage ranges and areas of application. As a result, PFISTERER can now offer end-to-end solutions to existing and new customers and thereby increase its market significance. “The acquisition of LAPP Insulators significantly improves our position in the global markets and strengthens the competitiveness of our entire group,” emphasizes Michael Keinert, member of PFISTERER’s Board of Directors. “With revenue of over EUR 400 million, of which approximately 40% is attributable to overhead lines, we can further leverage economies of scale, better utilize production capacity and, in particular, increase sales influence.” The acquisition also strengthens the company’s technology position: LAPP Insulators has its own high-voltage laboratory, for example, and can maintain the highest level of materials technology, using proven measuring and testing methods. The company had over 1,200 employees as of year-end 2014, of which over half worked at international production locations in the USA (Le Roy, New York State), Romania (Turda) and Poland (Jedlina). Over 500 people are employed at the company’s headquarters in Wunsiedel and the neighboring locations in Germany – Redwitz and Selb. “With its high-tech, cost-effective production locations, LAPP Insulators fits excellently with PFISTERER’s new location concept as part of the PFISTERER NEXT LEVEL investment and growth program,” said Keinert. “Together, we will position ourselves as the powerful, cost-effective partner of choice for energy and mobility infrastructure.” LAPP Insulators will continue to be led by its experienced management team with Dr.-Ing. Bernhard Kahl as the spokesman. “The link to PFISTERER is a real plus,” said Kahl. “We can now offer our customers all the required products and services from a single source and forge our growth path together.” “Over the past few years we have built LAPP Insulators, with the support of the company’s management, into an integrated Group with closely linked international business capacities. PFISTERER represents for us a very well-positioned strategic investor with a far-reaching, complementary product range” said Dr. Roland Egerer, the responsible partner at Quadriga Capital. “This allows LAPP Insulators to thrive and profit from the economies of scale and synergies of a strong group.”

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LAPP Insulaters Patents

LAPP Insulaters has filed 5 patents.

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3/1/2013

9/3/2019

Electrical engineering, Electricity, Electromagnetism, Capacitors, Electric power distribution

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3/1/2013

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9/3/2019

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Related Topics

Electrical engineering, Electricity, Electromagnetism, Capacitors, Electric power distribution

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Grant

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