KARLSTEIN AM MAIN, GERMANY – BMZ Group, a specialist in lithium-ion batteries, announced the acquisition of Visatronic GmbH, a Mainhausen, Germany-based EMS supplier.

Visatronic had already been a supplier to BMZ Group for years, and the takeover of the company, which has seen steady growth since its foundation and recorded 2022 as the best year in its company history, offers synergies for both sides, BMZ Group said in a release.

Visatronic will retain its economic independence, and BMZ will integrate the supplier into the group to increase the security of supply. Visatronic will see a network expansion, particularly on the global stage, with regards to opportunities in purchasing, sales and expansion of production capacities. The management, which has been in the hands of the Gebauer brothers since 2000, will remain contractually secured for at least three more fiscal years. Beyond that, no fundamental changes are planned for existing customers and employees.

"We are very pleased about the inclusion of VISATRONIC into the BMZ Group," said Sven Bauer, CEO and founder of BMZ Group. "This strengthens another important Made in Germany factor in battery manufacturing. In times of uncertain supply chains, such alliances are indispensable for technology companies."

"We have known and appreciated the BMZ Group as a customer for many years and are taking the well-considered step of joining the group primarily with a view to expansion opportunities and future security for the company and its employees," said Visatronic Managing Director Michael Gebauer.

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