iinovis is a leading automotive and industrial engineering service provider with expertise in key growth areas such as simulation, testing, electrical /electronics and vehicle development (cars & motorcycles). In addition to engineering services, the company is also active in prototyping as well as small series production and in the production of wire harnesses. The company operates at five locations in Germany and has a test track access in Spain for specific testing demands of automotive customers. Furthermore, iinovis cooperates with a strategic engineering service provider in India to ensure price competitiveness.
iinovis is well positioned for its future growth and will benefit from the increasing demand of OEMs in the development area in the field of electrification (battery and fuel cell technology).
|Seller||Valmet Automotive Inc.|
|Year of Acquisition||2020|
|Revenues||EUR 40 m|
|Segment||Automotive & Mobility|