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August 25, 2022: The Sovema Group has been acquired by German metal-forming group Schuler for an undisclosed sum, the companies announced on August 23. A Schuler spokesperson told BESB the deal was not subject to any
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Schuler, member of international technology Group ANDRITZ, has acquired the Italian Sovema Group to become a leading systems supplier of battery cell manufacturing solutions for the automotive industry and other sectors.
The purchase of the St. Louis company and its Italian parent company Sovema Group gives Schuler the capabilities needed to equip gigafactories for the mass production of lithium-ion batteries, whose large-scale availability is essential for
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The takeover deal, for an undisclosed sum, was announced on August 23 and covered all Sovema entities including Solith, which provides equipment for lithium ion cell and module production, Sovel —formation
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We support our customers to establish their factories and gigafactories, and we accompany those who research, develop, and test new battery materials and formats. Sovema Group, backed by Schuler, is the perfect partner to start a battery manufacturing project or make it grow. Find out updates and insights from Sovema Group and the battery industry.
Schuler has acquired the Italian mechanical engineering firm Sovema Group to become a leading systems supplier of battery cell manufacturing solutions for the automotive industry and other sectors.
Schuler, member of international technology Group ANDRITZ, has acquired the Italian Sovema Group to become a leading systems supplier of battery cell manufacturing solutions for the automotive industry and other sectors.
Together with Sovema, Schuler will develop the capabilities needed to equip gigafactories for the mass production of lithium-ion batteries, whose large-scale availability is essential for the success of eco-friendly e-mobility on the road.
Furthermore, Sovema is the worldwide-only supplier of automated turnkey plants for the mass production of lead-acid batteries. The Sovema Group employs just over 170 people and most recently reported revenue of around 50 million euros.
We are proud to announce that Sovema Group has been part of a great goal achieved by its long-term customer EnerSys. Last week EnerSys has been awarded the Better Project Award from the U.S. Department of Energy (DOE) Better Plants Program thanks to the implementation of the Sovema Cold Cube Cutting system.
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.