Press releases

03 April 2017

ebm-papst Acquires Guard Grill Specialist Lae

ebm-papst Group based in Mulfingen (Baden-Wurttemberg) has acquired Lae S.r.l., specialist for fan guard grills, retroactively effective January 1, 2017.

ebm-papst reinforces its international production network with guard grill specialists in Italy.
ebm-papst reinforces its international production network with guard grill specialists in Italy.

With this acquisition, the world market leader for fans and motors has increased the vertical range of manufacture for its safety-relevant components used in ventilation, cooling and air conditioning applications.

Stefan Brandl, Group CEO, says: “By acquiring a supplier with whom we have done business for years, we are increasing the flexibility and efficiency of our international production network. And we are boosting the transfer of knowledge in the areas of design and material research.”

The manufacturing company founded in 1973 has approximately 100 employees and annual revenues of almost €10 million. Headquartered in Caravate (near Milan), the company will be assigned to ebm-papst S.r.l., the Group’s Italian subsidiary, also located near Milan.

The parties agreed to maintain secrecy regarding the purchase price.

Hauke Hannig
Head of Corporate Communication / Press Spokesperson ebm-papst Group
Phone: +49 7938 81-7105
Fax: +49 7938 81-97105
hauke.hannig@de.ebmpapst.com

ebm-papst Mulfingen GmbH & Co. KG
Germany
Bachmühle 2
74673 Mulfingen