DGAP-Media / 14.12.2021 / 07:30

Manz AG: Continued strong demand for efficient production solutions in the battery sector
  • Order from a leading German battery manufacturer to set up a module assembly line in Eastern Europe
  • Order volume in the upper single-digit million-euro range; potential for follow-up order in a similar amount
  • Batteries are to be used in the field of stationary energy storage
  • Manz AG's comprehensive technology portfolio puts the company in an excellent position to meet customers' increasing requirements in the battery sector


Reutlingen, December 14, 2021 - Manz AG, a globally active high-tech engineering company with a comprehensive technology portfolio, continues to record positive order development from the battery manufacturing sector. In the course of the overall steady increase in demand for Li-ion battery systems, Manz AG has now received an order from one of Germany's leading battery manufacturers for an assembly line to produce battery modules from wound round cells. The order volume is in the upper single-digit million-euro range and will affect revenues and earnings next year.

The project is aimed at setting up a module assembly line in Eastern Europe and offers the potential for a follow-up order of a comparable size. The proximity to the Manz locations in Slovakia and Hungary is of great advantage in the realization of the project. Manz AG was also able to convince the customer with its extensive experience gained in similar projects as well as its many years of successful cooperation with the customer in other projects. Production advantages for the customer compared to the competition result in particular from the high precision in the interconnection of the cells by means of laser welding with simultaneously fast cycle times, which are realized by a self-developed, innovative gripper technology. The customer received intensive support from Manz AG already during the conception phase, which enabled the product design of the battery modules to be optimized for mass production.

Martin Drasch, CEO of Manz AG, comments: "As a high-tech engineering company with our innovative and efficient production solutions, we are ideally positioned to benefit from the enormous global demand for battery systems. We can provide our customers with comprehensive advice based on many years of experience and offer the right solution for all processes and production stages. In doing so, as in this case, our solutions are often significantly more efficient than our competitors' offerings."

Among other things, the modular Battery Laser System BLS 500, a flexible laser system that combines the advantages of a standard system with those of an individual solution thanks to its platform approach, makes an important contribution to this efficiency increase. Among other things, the BLS 500 can be used to tightly weld Li-ion battery cells into battery packs or differently shaped battery cans with high strength.


Company Profile:

Manz AG - engineering tomorrow's production

Manz AG is a globally active high-tech engineering company.

With a focus on the automotive industry and electromobility, battery production, electronics, energy, and medical technology, Manz develops and builds innovative and efficient production solutions: From customized single machines for laboratory production or pilot and small series production, to standardized modules and systems, to turnkey lines for mass production.

Technologically, Manz's production equipment is based on many years of experience in automation, laser processing, inspection systems, and wet chemistry.

With currently around 1,400 employees, the Manz Group develops and produces in Germany, Slovakia, Hungary, Italy, China and Taiwan. Sales and service subsidiaries also exist in the USA and India.

Manz AG was founded in 1987 and has been listed on the Frankfurt Stock Exchange since 2006. In fiscal year 2020, the Group generated revenues of around 237 million euros.


Contact:

Manz AG
Axel Bartmann
Tel.: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
Email: abartmann@manz.com

cometis AG
Claudius Krause
Tel.: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-mail: krause@cometis.de



End of Media Release


Issuer: Manz AG
Key word(s): Enterprise

14.12.2021 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
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Language: English
Company: Manz AG
Steigäckerstr. 5
72768 Reutlingen
Germany
Phone: +49 (0) 7121 9000-0
Fax: +49 (0) 7121 9000-99
E-mail: info@manz.com
Internet:http://www.manz.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1257231

 
End of News DGAP Media

1257231  14.12.2021 

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