Highlighting the importance of its automotive cable business, Leoni AG upgrades its Automotive Cable Solutions division to an ACS division

May 10 , 2023

In view of the megatrends in the automotive industry: Leoni AG has upgraded its AM business group to an Automotive Cable Solutions (ACS) division, thus underscoring the importance of the automotive cable business for its cable division.

As a long-standing supplier to the international automotive industry, the division has a worldwide production network with ten plants in seven countries and around 3,300 employees. With its wide-ranging and innovative product portfolio, it is one of the market leaders in standard automotive cables, special cables and charging cables. As an independent division, ACS will benefit from synergies within the Group while maintaining a high degree of independence in its operational business.

In a challenging market environment, the ACS division has been successful on the global market in recent years, achieving solid growth and reliable positive results. This success is based on our employees, our global production network, and the company's keen focus on mega trends in the automotive industry.

The high demand for ACS products requires a continuous expansion of production capacities, and our plants in Mexico, China and Hungary are recent expansions. markus Thoma, CEO of the ACS division: "As an independent division of Leoni, we are able to continue to develop our strengths in the best possible way for the benefit of our customers, and successfully steer our proven business model into the future with new impetus."

ACS' portfolio includes electric vehicle charging cables that dramatically reduce charging times and are approved for use in all major markets worldwide. In addition, there are high-voltage cables for alternative drive system vehicle internal wiring. Data cables and sensor cables with transmission rates ranging from a few megabits per second to several gigabits per second facilitate many of the features of autonomous driving.


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