# ConMet acquires e-mobility assets from Saietta Group

ConMet acquired assets focused on e-mobility products from Saietta Group's Netherlands branch, including in-wheel motor technology intellectual property and employees. The acquired operations become ConMet Netherlands B.V. in Apeldoorn.

- Type: Acquisition
- Announced: 2023-08-14
- Where: Apeldoorn, Netherlands, Netherlands
- Status: completed
- Products: in-wheel motor technology, e-mobility products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ConMet](https://endata.com/companies/36255.md) (acquirer)
- [Saietta Group](https://endata.com/companies/59021.md) (target)

## Sources

- [conmet.com](https://conmet.com/conmet-expands-emobility-business/), 2023-08-14: "This marks a significant milestone for ConMet as we expand our eMobility business and embark on a journey of exciting product development opportunities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.