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Media release21. January 2009

 
Leoni lays foundation for more growth in Western Europe

Regional concept in the Wire & Cable Solutions division implemented by setting up the Leoni WCS BeNeLux company

Nuremberg/Amersfoort – Leoni, the specialist in wire, cable and wiring systems, has established the Leoni WCS Benelux BV company. The Wire & Cable Solutions division is, with this business unit, taking the Company's first step of a regional concept intended to facilitate developing of growth markets across its business segments.

By having registered the new Leoni WCS Benelux company, Leoni has provided the organisational basis for synergies and increased efficiency in Belgium, Luxembourg and the Netherlands. Setting up this company is part of a regional concept with which several business units of Leoni’s Wire & Cable Solutions division (WCS) will concurrently start or step up their activity in markets transcending national boundaries.

The new company is based in the Dutch town of Amersfoort, where, on 22 January 2009, a New Year reception will be held and business operations will officially commence. Initially, its work will be focused on the familiar application areas of telecommunications, datacoms and fiber-to-the-home (FTTH). The latter involves feeding the glass fibers from the main grid through to private households.

“By combining the sales and distribution of these three business units in the area of communications, we expect to make better use of synergies and to implement our growth strategy more rapidly at the regional level,” says Dr Klaus Probst, President and CEO of Leoni AG.

The comprehensive and integrated offering in Belgium, Luxembourg and the Netherlands includes, for example, wiring for buildings, computer centres and radio relay stations, mobile communication cablings for sites and base stations. Cables for TV signals, bidirectional communication, data transmission and interactive services such as the internet and home-working as well as broadband transmission and cabling systems are part of the portfolio. Apart from the aforementioned organisational units, other business units will in the future also tap the potential of this Western Europe’s region via Leoni WCS Benelux.

Joeri M. JM. Van Bogaert, who has been president of the FTTH Council Europe since 2007, is in charge of the new Leoni WCS Benelux company. The FTTH Council Europe is a non-profit organisation in which more than 100 members representing industry from across Europe are involved in training for and propagating of this forward-looking technology.

 
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