ARaymond

ARaymond is investing €66 million in a new production site in northern Isère, France, to increase capacity for RayDyLyo closures to 250 million parts per annum. The facility will be 14,000 m2 and is expected to be operational in early 2025, with workforce growing to 350.

French group ARaymond has acquired 100% of Cga Technologies, an Italian manufacturer of aluminum panels for battery cooling in electric vehicles. The deal closed in December 2021.