Zapi Acquires Schabmueller GmbH
With the addition to our group of a global leader in the production of electric motors, Zapi has strengthened its position in the market, as well as, its outlook for future growth. Please see the following message from our President, Ing. Zanichelli:
"On Friday July 27th the ZAPI Group, Italy, acquired Schabmüller GmbH, Germany from the financial investor Aurelius.
ZAPI is one of the main manufacturers of electronic speed controllers and associated products for application in electric and hybrid vehicles. ZAPI, founded in 1975, has always focused its activity on development, innovation and design/manufacturing of electronic controllers of high quality. Today ZAPI is a recognized leader in advanced controller technology throughout the world.
Schabmüller, founded in 1924, is one of the leading suppliers for electric drives in the electric and hybrid vehicle industry.
We are seeing enormous potential and a prosperous cooperation between ZAPI and Schabmüller to provide new technical solutions our customers could benefit from. After the acquisition, the group employs nearly 750 direct people in its main facilities in Poviglio, Italy and Berching, Germany, as well as in several sales and distribution centers worldwide.
We expect this acquisition to provide great value for our customers and look forward to continue the positive development of our business relationship."