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LEONI acquires majority stake in Adaptricity

MDAX-listed LEONI, a leading European supplier of cables and cable systems for the automotive and other industries, has today secured a two-thirds stake in Adaptricity AG. Thanks to this investment and the synergies with the Group as a whole, Adaptricity, a spin-off company of ETH Zurich, will continue on its growth path, strengthened both financially and in terms of personnel.

Read full press release (in German)