The Eberspaecher Group is further expanding its electronics expertise: the Esslingen automotive supplier has acquired, effective 14 September 2016, a majority stake in the Canadian company Vecture Inc. with around 100 employees. In future, Eberspaecher Vecture Inc. will offer battery management products for industrial applications, medical technology and vehicles.
The Esslingen automotive supplier Eberspaecher now holds 80 percent of the shares. The Vecture founders retain 20 percent, and will continue to be active in the management of the company. With this investment, Eberspaecher further expands its electronics business within the Automotive Controls division. Vecture’s extensive expertise in the development and production of mission critical battery management systems, and of complete energy storage systems, facilitates further expansion to the supplier’s vehicle electronics portfolio. Together, activities in the fields of medical technology and industrial applications will also be further expanded. Additionally, existing Eberspaecher electronics products for the North American market will also in future be produced by Eberspaecher Vecture Inc.
Both Eberspaecher and Vecture are convinced that the joint venture will provide a good basis for future growth and further development of the rapidly growing energy storage market.
“We see great opportunities in lithium-ion battery technology. With Vecture’s many years of experience and expertise we can provide better solutions for vehicle battery management and complement our supercapacitor systems offerings,” explains Dr. Dirk Walliser, COO of Eberspaecher Automotive Controls. “With this, we have the energy management of 12-, 24- and 48-volt on-board networks, as well as highly automated vehicles or mild hybrid functions in mind,” continues Walliser.
