MAX Automation SE subsidiary bdtronic receives major order in the field of e-mobility: Audi orders impregnation machines for electric motor production

DGAP-News: MAX Automation SE / Key word(s): Incoming Orders

23.10.2019 / 13:10
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

MAX Automation SE subsidiary bdtronic receives major order in the field of e-mobility: Audi orders impregnation machines for electric motor production

Duesseldorf, 23 October 2019 -
bdtronic, headquartered in Weikersheim (Baden-Württemberg), a subsidiary of MAX Automation SE, listed in the Prime Standard of the German Stock Exchange, receives a large order in the field of e-mobility. For the Premium Platform Electric (PPE) of the German automobile manufacturer Audi, bdtronic will supply three impregnation systems for the production of electric motors in the coming years. The order value is in the high single-digit million Euro range.

The subsidiary operating in the core business area Process Technologies of the MAX Group has a lot of experience in dispensing and impregnation technology. This connection is unique in the market and enables the company to build a machine that ensures both highest quality requirements and high production volumes. Since 2008 bdtronic has developed a special technology that is needed to produce high-efficient e-motors namely impregnation. The company offers different machine concepts for the trickle impregnation of H/EV motors. After being successful with this technology in China and the United States, bdtronic has won the Global award in the category of "Product of the year" at the main yearly event for e-mobility CWIEME Berlin.

"bdtronic has delivered and installed several high-volume machines at German Tier1 automotive suppliers and several low volume impregnation machines to German OEMs. We are now proud that Audi has chosen us to deliver the first high volume production machine for impregnation of the e-motors," says Patrick Vandenrhijn, CEO of bdtronic and member of the Management Board of MAX automation. bdtronic has experienced strong growth over the past few years; the company has almost doubled in sales, staff and manufacturing capacity. This year will foreseeable end with more than 400 employees and over EUR 70 million in total sales.

Andreas Krause, Chairman of the Management Board and CFO of MAX Automation SE: "We as MAX are especially pleased because we have received this major order from a future-oriented field of e-mobility. We regard this achievement as clear proof of the comprehensive competence of our subsidiary bdtronic in the field of e-mobility and thus of the competitiveness of the company in international business."

More information about bdtronic can be found here: www.bdtronic.com.

A video of the world's largest and fastest impregnation plant can be watched here: https://youtu.be/nsbzJW30eUQ.

Contact:
Katja Redweik
Head of Corporate Development/IR
MAX Automation SE
Tel.: +49 - 211 - 9099 144
katja.redweik@maxautomation.com

Contact for media representatives:

Susan Hoffmeister     Marco Cabras
CROSS ALLIANCE communication GmbH     newskontor - Agentur für Kommunikation
Phone.: +49 - 89 - 125 09 03 33     Phone: +49 - 211 - 863 949 22
sh@crossalliance.de     marco.cabras@newskontor.de


About MAX Automation SE
MAX Automation SE (ISIN DE000A2DA58), based in Dusseldorf, Germany, is an internationally active industrial group for high-tech automation solutions. The Group's operating business is divided into three segments: in its Process Technologies segment, the Group's comprehensive technological know-how makes it an innovation leader in the development and manufacture of proprietary solutions (e.g. dosing, impregnation), particularly for the automotive and electronics industries. MAX Automation's Environmental Technologies segment develops and installs technologically complex plants for the recycling, energy and raw materials industries. In its Evolving Technologies segment, MAX Automation bundles companies with growth potential in the fields of optical solutions, solutions for medical technology, industrial robotics and automation, as well as packaging solutions.

www.maxautomation.com



23.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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