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LAPP has opened a new hall for cable assembly and filled energy chains in Otrokovice, Czech Republic, with an investment exceeding €1 million. The facility is the main part of the European competence center ÖLFLEX CONNECT HUB.
Lapp Group acquired CEAM Cavi Speciali in Monselice, Italy (110 employees) and S.C. Fender Cables in Cluj-Napoca, Romania (20 employees). CEAM manufactures data cables for Industrial Ethernet and fieldbus networks; Fender specializes in cables for alarm and fire protection systems.
| Site | Largest | Latest |
|---|---|---|
| Otrokovice, Czechia | $1.12M | 2017-05-29 |