LEONI AG Overview
Company Headquarters: Germany
Founded: 1917
Workforce: ~94,900
Company Working: LEONI AG (Leoni) is one of the leading providers of cable and cable system products, solutions, and services for energy and data management in the automotive sector and other industries. The company provides solutions and services, including data communication & networks, healthcare networking, and process industry connectivity. It caters to transportation, energy & infrastructure, factory automation, healthcare, communications, machinery & sensors, and marine applications. The company operates through two segments, namely, wiring systems division and wire & cable solutions division. The wiring system division is engaged in developing and manufacturing wiring systems and customized cable harnesses for the motor vehicle industry. It provides energy management solutions to offer customers innovative products and services covering the automotive megatrends of electromobility (EMO), connectivity, and autonomous driving. The wire & cable solutions division offers secure and intelligent energy transmission and data management system solutions. Globally it is present in Germany and several other countries Europe, the Americas, and Asia.
Strategy
Leoni focuses on strategic partnerships and the development of intelligent cable and automation systems with innovative IoT technology. It aims to improve its production efficiency. The company’s acquisition and investment strategy focuses on applications and innovations and key technologies that support its end-to-end high-performance interconnect solutions. It primarily focuses on product development and expansion to compete with global players in the cable market.
