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Lapp Group buys CEAM and Fender

By Niranjan Mudholkar,

Added 26 October 2016

Strengthens Lapp’s leading role in industry-standard data communication systems

The Stuttgart-based Lapp Group, the leading supplier of integrated solutions and branded cable and connection technology products, has acquired CEAM CaviSpecial and S.C. Fender Cables.

CEAM CaviSpecial hires 110 employees in Monselice, Italy, and is one of the leading European manufacturers of data cables for Industrial Ethernet and fieldbus network systems.

Lapp has also acquired S.C. Fender Cables, a company employing 20 members of staff in Cluj-Napoca, Romania. It specialises in cables for alarm and fire protection systems and, along with CEAM, was part of COFIMA Holding.

"The acquisition of CEAM strengthens Lapp's leading role in industry-standard data communication systems," said Andreas Lapp, Chairman of the Board of Lapp Holding.

"Lapp has thus attained additional expertise and manufacturing capacities, especially in the fast growing Industrial Ethernet and fieldbus systems markets." The acquisition took effect on October 13; the parties agreed not to disclose the purchase price.

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