ARaymond, an international automotive supplier in fastening and assembly solutions, recently announced the acquisition of CGA Technologies, a manufacturer of high-performing thermal cooling plates.
“As a leader of fastening and assembly solutions for more than 155 years, we continuously strive to reinvent ourselves and stay ahead in the fast-moving markets that we operate in,” said Antoine Raymond, ARaymond CEO. “The automotive industry is shifting to electric and autonomous vehicles, and we want to actively contribute to this extraordinary transition.”
This step follows the acquisition in early October of Castello Italia S.p.A., a company specializing in plastic tube extrusion for pneumatic applications within transportation and specific industrial market segments.
These acquisitions are not just about broadening the ARaymond product offering, but about scaling up complete and tailor-made plug-and-play solutions. The goal is to design and deliver optimized thermal-management systems within the mobility and selected Industrial sectors.
“With this expansion, we are building up our network to create sustainability for the future,” added Raymond. “This includes putting the well-being of our collaborators and the protection of our environment at the forefront of our priorities for our future generations. We want to provide a service and product offering of the highest quality, which meets both our customers and employees demands for long-term growth and sustainability.”
The future of ARaymond is about creating sustainable, complete, and quality solutions, that increase assembly efficiency while being driven by its core commitments to human values and the protecting the environment.