wiredinUSA February 2020

Belgian acquisition

Strengthened R&D

Image: NKT

Image: Komax Switzerland-based Komax, a manufacturer whose range includes automated wire processing equipment, automatic crimping, and cable handling machines, has acquired Exmore, a Belgian specialist in equipment used for making sensor cables. Exmore, which was founded in 1993, supplies equipment for cutting, stripping, crimping, marking, welding and testing cables as well as related electronics. Its customers work in a range of markets that includes the automotive industry, consumer electronics, industrial, aerospace and medical technology. Komax currently has production facilities in Europe, North and South America, Asia and Africa.

In a move to strengthen its capabilities in the development of future power cable technology, NKT has acquired Technology Consulting from ABB. The technology consulting unit specializes in areas such as chemistry and materials, applied mechanics, and electrical testing all within power cable development. It has a work force of around 30 employees. Anders Jensen, executive vice president and chief technology officer for NKT, commented: “This is an important step in strengthening our technology capabilities and [research and development] setup... I ampleasedtowelcomethenewcolleagues to NKT, bringing expert knowledge in key areas needed to help continue developing the power cable technology for the future.” The acquisition is expected to be of particular benefit for NKT’s HVDC technology.

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wiredInUSA - February 2020