M5Z Manz AG

EQS-News: Manz AG receives follow-up order from renowned automotive supplier for high-volume inverter assembly line

EQS-News: Manz AG / Key word(s): Incoming Orders
Manz AG receives follow-up order from renowned automotive supplier for high-volume inverter assembly line

07.11.2024 / 08:45 CET/CEST
The issuer is solely responsible for the content of this announcement.


Manz AG receives follow-up order from renowned automotive supplier for high-volume inverter assembly line

  • Assembly line encompasses highly complex process steps in its interlinking
  • Automation and process expertise of Manz convinces
  • Order volume in the low double-digit million-euro range

Reutlingen, November 7, 2024 – Manz AG, a global high-tech equipment manufacturer with an extensive technology portfolio, receives a follow-up order from a global tier 1 supplier for a high-volume assembly line for inverters in the low double-digit million-euro range. The order will be recognized in sales and earnings in the second half of 2025 and upon final acceptance of the modern assembly line by the customer in the first quarter of 2026.

Dr. Ulrich Brahms, CEO of Manz AG, comments: “We are very pleased that we were able to convince our customer of our innovative automation and process expertise with the successful realization of the first assembly line in Eastern Europe. The follow-up order that we have now won underscores the success of our partnership-based and long-term philosophy and illustrates how important our company's global presence is for our customers – also with regard to reliable and comprehensive after-sales services.”

The inverter's task is to provide the DC battery voltage to the three-phase electric drive as a pulsed and modulated alternating current. Depending on the respective driving situation, up to 230 kW of drive power is possible. At the same time, the inverter acts recuperatively and charges the battery during negative acceleration. This assembly line for high production volumes, which will be delivered and installed by Manz at the customer's newly built Mexican production plant, comprises various process steps that are highly complex in their interlinking – from laser welding and screwdriving on 6-axis robots, to plasma cleaning and leak testing, to camera inspection of plug connections. The inverters produced on the new assembly line are intended to meet demand in the North American market for a well-known German OEM.


About Manz AG
As a high-tech mechanical engineering company, Manz AG develops best-in-class production solutions for lithium-ion batteries as well as for electronic components and devices for its customers. This makes Manz an innovative pioneer for the global megatrends of electromobility and digitalization.

Manz covers the entire range of modern production solutions: from customer-specific individual machines for laboratory production or pilot and small-series production to standardized modules and systems to turnkey lines for efficient mass production. Customers benefit from high resource efficiency with higher throughput and shorter time-to-market.

With currently around 1,200 employees, the Manz Group develops and produces in Germany, Slovakia, Italy, China and Taiwan. There are also sales and service subsidiaries in the USA and India.

Manz AG was founded in 1987 and generated consolidated sales of 249.2 million EUR in the 2023 financial year with the two segments Mobility & Battery Solutions and Industry Solutions. The shares (ISIN: DE000A0JQ5U3) are listed on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard).

Contact:

Manz AG
Katrin Neuffer
Tel.: +49 (0)7121 9000-395
E-Mail:


Kirchhoff Consult AG
Michael Werneke
Tel.: +49 (0)40 609 186 68
E-Mail:



07.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


Language: English
Company: Manz AG
Steigäckerstr. 5
72768 Reutlingen
Germany
Phone: +49 (0) 7121 9000-0
Fax: +49 (0) 7121 9000-99
E-mail:
Internet:
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2024139

 
End of News EQS News Service

2024139  07.11.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2024139&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
07/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Manz AG

 PRESS RELEASE

EQS-News: Manz AG veräußert Asiengeschäft im Rahmen eines Management-B...

EQS-News: Manz AG / Schlagwort(e): Insolvenz/Verkauf Manz AG veräußert Asiengeschäft im Rahmen eines Management-Buy-Outs 28.02.2025 / 16:39 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Manz AG veräußert Asiengeschäft im Rahmen eines Management-Buy-Outs Reutlingen, 28. Februar 2025 – Der Insolvenzverwalter der Manz AG, Rechtsanwalt Martin Mucha, und Robert Lin, Geschäftsführer der Manz Tochtergesellschaften in der VR China und Taiwan, haben am heutigen 28. Februar 2025 einen Kaufvertrag zur Übernahme des Teilkonzerns Manz Asien d...

 PRESS RELEASE

EQS-News: Manz AG sells Asian business in management buy-out

EQS-News: Manz AG / Key word(s): Insolvency/Disposal Manz AG sells Asian business in management buy-out 28.02.2025 / 16:39 CET/CEST The issuer is solely responsible for the content of this announcement. Manz AG sells Asian business in management buy-out Reutlingen, 28 February 2025 – The insolvency administrator of Manz AG, attorney Mr. Martin Mucha, and Mr. Robert Lin, General Manager of Manz China and Manz Taiwan, signed a purchase agreement today, 28 February 2025, for the acquisition of the Manz Asia sub-group by Mr. Lin. The proceeds from the sale will go to the ins...

 PRESS RELEASE

EQS-News: Manz AG sells subsidiary in Slovakia to Malaysian Greatech T...

EQS-News: Manz AG / Key word(s): Insolvency/Disposal Manz AG sells subsidiary in Slovakia to Malaysian Greatech Technology Berhard 28.02.2025 / 16:05 CET/CEST The issuer is solely responsible for the content of this announcement. Manz AG sells subsidiary in Slovakia to Malaysian Greatech Technology Berhard Greatech Technology Berhad acquires Manz Slovakia s.r.o. from Manz AG Continuation of business operations in Slovakia intended Reutlingen, 28 February 2025 – Manz AG announces that Martin Mucha, insolvency administrator of Manz AG, and Greatech Technology Berhad (Mala...

 PRESS RELEASE

EQS-News: Manz AG veräußert Tochtergesellschaft in der Slovakei an die...

EQS-News: Manz AG / Schlagwort(e): Insolvenz/Verkauf Manz AG veräußert Tochtergesellschaft in der Slovakei an die malaysische Greatech Technology Berhard 28.02.2025 / 16:05 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Manz AG veräußert Tochtergesellschaft in der Slovakei an die malaysische Greatech Technology Berhard Greatech Technology Berhad erwirbt die Manz Slovakia s.r.o. von der Manz AG Fortführung des operativen Geschäftsbetriebs in der Slowakei beabsichtigt Reutlingen, 28. Februar 2025 – Die Manz AG gibt bekannt, dass Ma...

 PRESS RELEASE

EQS-News: Eröffnung Insolvenzverfahren über das Vermögen der Manz AG –...

EQS-News: Manz AG / Schlagwort(e): Insolvenz/Verkauf Eröffnung Insolvenzverfahren über das Vermögen der Manz AG – Vertrag über teilweisen Erwerb des Reutlinger Standorts durch Tesla Automation unterzeichnet 25.02.2025 / 11:01 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.  Eröffnung Insolvenzverfahren über das Vermögen der Manz AG – Vertrag über teilweisen Erwerb des Reutlinger Standorts durch Tesla Automation unterzeichnet Insolvenzverfahren vom Amtsgericht Stuttgart eröffnet, Rechtsanwalt Martin Mucha zum Insolvenzverwalter bestel...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch