Into the future together
Blum-Novotest, a leading provider of innovative and high-quality measurement and testing technology, integrated LM-Electronic GmbH & Co. KG from Sigmarszell, Germany, into the group at the beginning of November 2024. This step is making it possible for the company to increase its vertical integration and strengthen its technological expertise in the field of SMT and THT assembly of electronic components.
Blum-Novotest GmbH from Grünkraut, Germany, and LM-Electronic GmbH & Co. KG have been working together closely for over 30 years. LM-Electronic uses state-of-the-art production facilities to manufacture both rigid PCBs and flexible electronic assemblies for industrial users and international companies in the lighting technology industry.
The company became part of the internationally successful Blum-Novotest Group as part of the change of generations at LM-Electronic and the expansion of vertical integration at Blum-Novotest. Blum-Novotest GmbH is becoming the majority shareholder of the company. Marcus Martin, son of company founder Manfred Fink, continues to hold a significant stake in the company and remains in operational management as Managing Director of the company. This change continues the tradition of stability and continuity in the company management and will create trust among employees and customers.
The integration of LM-Electronic into the group strengthen both companies and creates added value for all parties concerned. Among other factors, Blum-Novotest is benefiting from the expansion of its vertical integration and production capacities, from increased security of supply and independence, short delivery routes thanks to the geographical proximity, and a high level of expertise in the assembly of electronic components.
For LM-Electronic, integration means direct access to the proven structures and expertise of the globally connected Blum-Novotest Group. This is making it possible to work more efficiently, to benefit from greater organisational support and to maintain the advantages of independence as a specialised provider for industrial customers. Continued independence in the current areas of business is emphasised by an expansion of the range of services, production capacities and manufacturing technologies.
‘The many years of successful cooperation between the two family-run companies has created a solid foundation for our joint path forward, with a focus on innovation, reliability and quality. We are securing jobs in the long term, strengthening our market position and creating new opportunities for growth and success’, explains Alexander Blum, President of Blum-Novotest.
Established in 1968 and based in Ravensburg, Blum-Novotest GmbH is a globally leading manufacturer of high-quality measurement and testing technology for the international machine tool, aerospace and car industry. Today, the family-run company employs more than 650 members of staff at a total of nine sites in Europe and in the USA, Mexico, Brazil, China, Japan, Taiwan, Singapore, Korea, India, Thailand and Vietnam. Together with specially trained system integrators and regional sales offices, this sales and service network guarantees comprehensive support for Blum products in use throughout the world.
Blum-Novotest, a leading provider of innovative and high-quality measurement and testing technology, integrated LM-Electronic GmbH & Co. KG from Sigmarszell, Germany, into the group at the beginning of November 2024. This step is making it possible for the company to increase its vertical integration and strengthen its technological expertise in the field of SMT and THT assembly of electronic components.
Blum-Novotest GmbH from Grünkraut, Germany, and LM-Electronic GmbH & Co. KG have been working together closely for over 30 years. LM-Electronic uses state-of-the-art production facilities to manufacture both rigid PCBs and flexible electronic assemblies for industrial users and international companies in the lighting technology industry.
The company became part of the internationally successful Blum-Novotest Group as part of the change of generations at LM-Electronic and the expansion of vertical integration at Blum-Novotest. Blum-Novotest GmbH is becoming the majority shareholder of the company. Marcus Martin, son of company founder Manfred Fink, continues to hold a significant stake in the company and remains in operational management as Managing Director of the company. This change continues the tradition of stability and continuity in the company management and will create trust among employees and customers.
The integration of LM-Electronic into the group strengthen both companies and creates added value for all parties concerned. Among other factors, Blum-Novotest is benefiting from the expansion of its vertical integration and production capacities, from increased security of supply and independence, short delivery routes thanks to the geographical proximity, and a high level of expertise in the assembly of electronic components.
For LM-Electronic, integration means direct access to the proven structures and expertise of the globally connected Blum-Novotest Group. This is making it possible to work more efficiently, to benefit from greater organisational support and to maintain the advantages of independence as a specialised provider for industrial customers. Continued independence in the current areas of business is emphasised by an expansion of the range of services, production capacities and manufacturing technologies.
‘The many years of successful cooperation between the two family-run companies has created a solid foundation for our joint path forward, with a focus on innovation, reliability and quality. We are securing jobs in the long term, strengthening our market position and creating new opportunities for growth and success’, explains Alexander Blum, President of Blum-Novotest.
Established in 1968 and based in Ravensburg, Blum-Novotest GmbH is a globally leading manufacturer of high-quality measurement and testing technology for the international machine tool, aerospace and car industry. Today, the family-run company employs more than 650 members of staff at a total of nine sites in Europe and in the USA, Mexico, Brazil, China, Japan, Taiwan, Singapore, Korea, India, Thailand and Vietnam. Together with specially trained system integrators and regional sales offices, this sales and service network guarantees comprehensive support for Blum products in use throughout the world.