ebm-papst Group has acquired Lae Srl, a specialist in fan guard grills for an undisclosed sum, retroactively effective from 1st January 2017.
The move means that ebm-papst has increased the vertical range of manufacture for its safety-relevant components used in ventilation, cooling and air conditioning applications.
Group ceo Stefan Brandl said: “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.”
Established in 1973, Lae has around 100 employees and an annual turnover of almost €10m. With headquarters in Caravate, near Milan, the company will be assigned to ebm-papst Srl, the group’s Italian subsidiary, also located near Milan.