ConMet, a leading global provider of transformative technologies for commercial trucks and trailers, announced the acquisition of assets focused on e-mobility products from the Saietta Group’s Netherlands branch. With this new agreement, ConMet is integrating the intellectual property and employees dedicated to in-wheel motor technology, bolstering ConMet’s eMobility business and product portfolio.
Saietta Group, a European-based motor company headquartered in the UK, has been engaged in a joint development agreement with ConMet’s engineering team over the past year. The team’s close partnership has led to the development of innovative new products, paving the way for the acquisition that aligns seamlessly with ConMet’s wheel end and eMobility businesses.
Saietta Group plc (LON:SED) is a multi-national business which designs, engineers and manufactures complete Light Duty and Heavy Duty electric drive (eDrive) systems for electric vehicles on land from scooters to buses (vehicle categories L, M, N and T) as well as marine applications.