EoW November 2010

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EuroWire – November 2010 14
corporate news
Leoni has obtained a supplier contract to equip a new two-litre
MultiJet turbo diesel engine with cable harnesses. The
environmental standard applies from February 2011 onwards to
all new cars sold in Europe. The engine is to be used in several
Fiat and Chrysler models, starting with the new Dodge Journey.
The engine cable harness comprises 57 wires with a total
length of around 110m and containing over 500g of copper.
Due to the mission profile received from Fiat Powertrain, all
plastic components and protection elements have to guarantee
150˚C temperature resistance.
The start of production is scheduled for the fourth quarter of
2010. Leoni will deliver between 100,000 and 150,000 units per
year from one of its Tunisian plants.
Leoni has been supplying the Fiat Group for 30 years. Among
others, the company develops and produces wiring harnesses
for Fiat Punto Classic, Lancia Y and Musa.
... and makes an acquisition
Leoni has acquired the US-based company RoMack Inc, a
specialist in optical fibre technology, as part of its strategy of
strengthening its niche market position by acquisition.
“The Leoni Group has resumed its acquisition activity, which
we temporarily suspended because of the economic crisis.
Our objective is to expand in fast growing and profitable niche
markets,” Dr Klaus Probst, president and CEO of Leoni AG, stated.
“This acquisition of RoMack strengthens us in both regional and
technological terms.”
The purchase is being executed via subsidiary FiberTech USA
Inc, which belongs to the Leoni Fiber Optics unit. It specialises
in business involving optical fibre.
With this takeover Leoni Fiber Optics will be among a dozen
providers worldwide with complete command of optical base
technologies in development and production – from product
design to preform and fibre production through to making fibre
optic cables and special optical components.
Leoni now has over 350 employees at premises in central
Franconia, Thuringia, northern Baden, Berlin and the Rhineland
in Germany as well as in the US states of Arizona and Virginia and
also in Ontario, Canada.
Leoni AG – Germany
Fax: +49 911 2023 231
Email:
Website:
Leoni wins contract to equip the
new Fiat engine...