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Elektrisola Dr. Gerd Schildbach GmbH & Co KG.

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Elektrisola Dr. Gerd Schildbach GmbH & Co KG. - Chemicals & Materials showcase

Year Founded & Workforce

1948

4,000 Employees

Industry

Chemicals & Materials

Services

Automotive Magnet Wire Market
E

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Elektrisola Dr. Gerd Schildbach GmbH & Co KG. Overview

Company Headquarters: Reichshof-Eckenhagen, Germany

Founded: 1948

Workforce: ~4,000

Company Working: Elektrisola Dr. Gerd Schildbach GmbH & Co KG. ( Elektrisola) is the world's leading producer of fine copper wire, with a wide range of goods including specialty enameled alloy wires, brass, silver-plated, and silver wires. It designs and manufactures its machinery and produces wire for automotive, aerospace, energy & power, and others. The company offers magnet wire and bondable magnet wire of several insulated wire base coats such as polyurethane, polyester, polyesterimide, and polyimide and for different bond coats such as polyvinyl-butyral, polyamide, and others. Insulations are documented in many standards, including IEC 60317 (Asia or Europe), NEMA MW 1000 (USA), and JIS C 3202 (Japan), which may use different test methods. NEMA MW 1000C values are supplied in both inch and metric units. It has nine manufacturing facilities in seven countries on three continents and 20 sales offices in 11 countries including the United States, Germany, Italy, Switzerland, Mexico, Malaysia, China, and others.

Strategy

ELEKTRISOLA Dr. Gerd Schildbach GmbH & Co KG. is focused on increasing the company's value, through three key focus areas: portfolio, innovation, and corporate culture. As the company has a leading market position, it is continuously expanding its growth engines in vital business areas. Also, the company has improved product offerings and services for upcoming challenges and repeatedly came up with superior solutions such as producing locally to shorten transportation distances. Also, it is focused on local spool recycling and a worldwide system for emission control for sustainable development of the products. It is working towards the enhancement of local engineering support for R&D and process improvement for fast working in the same time zone, easy communication, and assistance for global projects with local production.

Company Snapshot

4,000

Employees

1948

Founded

Reichshof-Eckenhagen, Germany

Headquarters

SWOT Analysis

Strengths

  • Strong Competitive position based on collaboration with customers
  • Leading player of magnet wire

Weaknesses

  • Dependence on raw material suppliers
  • No manufacturing and warehouse facilities in middle east and Africa region

Opportunities

  • Innovative capabilities and integrated technological platforms
  • local engineering support for R&D and process improvement

Threats

  • Strict government regulation towards standards of the products
  • Rising environment concerns for coated materials

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Key Developments

DateApproachDevelopment
March 2023Merger & AcquisitionElektrisola has acquired Rea Magnet Wire assets, including its five production facilities in Indiana, Connecticut, Virginia, and Mexico as well as its rented corporate headquarters in Fort Wayne, Indiana. The acquisition will support to strengthen of its portfolio and technological expertise in systems and products that will directly benefit customers.

Product Offering

  • Elektrisola Dr. Gerd Schildbach GmbH & Co KG.
    • Automotive Magnet Wire Market

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