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Komax buys Exmore in deal that will bolster the range of its equipment

Komax reports that it has acquired Exmore, a Belgium specialist in equipment used for making sensor cables.

A press release said that Exmore, which was founded in 1993, has focused on equipment for processing sensor cables, which makes it a valuable addition for Komax. It offers equipment for cutting, stripping, crimping, marking, welding and testing cables as well as related electronics. “With the advent of autonomous vehicles, the number of sensor cables will continue to increase, thus driving the demand for solutions for automated processing.”

Exmore, based in Beerse, has approximately 60 employees. Its customers are active in a range of market segments including automotive industry, consumer electronics, industrial, aerospace and medical technology.

Komax, based in Switzerland, has production facilities in Europe, North and South America, Asia and Africa where it manufactures “series and customer-specific machinery, catering for every degree of automation and customization. It provides local sales and service support in more than 60 countries through subsidiaries and independent representatives.” The company has more than 40 companies that collectively employ more than 2,200 people.

Read 1603 times Last modified on December 29, 2019