LEONI

LEONI

Global supplier of automotive wiring systems

Overview

Leoni is a global supplier of electrical wiring systems and cables for the automotive industry. It designs, manufactures, and supplies wiring harnesses and cable assemblies that connect electrical components in vehicles, providing power and data transmission throughout a vehicle. The product work involves integrated harnesses, connectors, protective insulation, and module assemblies produced at scale in factories around the world to meet automotive OEM specifications. Compared with competitors, Leoni leverages a long history dating back to 1917, a broad international footprint, and deep experience as a dedicated automotive wiring systems partner, enabling large-scale production, consistent quality, and strong OEM relationships. Its goal is to support the evolving needs of the automotive sector by delivering reliable, high-quality wiring solutions and expanding its global manufacturing capabilities to power modern and future vehicle technologies.

About LEONI

Simplify's Rating
Why LEONI is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Nuremberg, Germany

Founded

1917

Simplify Jobs

Simplify's Take

What believers are saying

  • Luxshare closed its 50.1% LEONI stake purchase on 10 July 2025, refinancing liabilities.
  • Morocco's 11 June 2026 Bouskoura investment targets nearly 4,000 jobs and 2027 ramp-up.
  • LEONI says restructuring remains on track after the 2025 takeover and cost reductions.

What critics are saying

  • LEONI will close Marghita in first-half 2026 and cut up to 700 Arad jobs.
  • Reuters reported 4,500 administrative and management cuts by 2026 after the Luxshare deal.
  • A failed automotive-cycle recovery keeps LEONI dependent on Luxshare and restructuring execution.

What makes LEONI unique

  • Luxshare ownership since July 2025 strengthens LEONI's wiring-harness and electronics integration.
  • LEONI's LIMEVERSE cables launched July 2024 cut CO2 footprints about 50%.
  • The 2026 Morocco Bouskoura plant adds R&D, training, and advanced wiring capacity.

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Benefits

Flexible Work Hours

Professional Development Budget

Wellness Program

Performance Bonus

Stock Price

Company News

36Kr
Sep 17th, 2024
Luxshare Precision Acquires Leoni AG for €525M

Luxshare Precision announced the acquisition of Germany's Leoni AG and its subsidiary Leoni Kabel GmbH for €525 million (approx. ¥4.1 billion). Luxshare will acquire 50.1% of Leoni AG and 100% of Leoni Kabel GmbH. The acquisition aims to combine Luxshare's R&D and manufacturing capabilities with Leoni's global resources. Despite Leoni's recent financial struggles, the acquisition is expected to enhance Luxshare's global automotive wiring harness market presence.

36Kr Holdings Inc.
Sep 13th, 2024
Luxshare Acquires Majority Stake in Leoni

Summary: 36Kr reports that Luxshare Precision plans to acquire a 50.1% stake in Leoni AG and 100% of its subsidiary Leoni Kabel GmbH. Post-transaction, Luxshare will hold the Leoni AG stake through Singapore Luxshare, while Hong Kong Luxshare and its subsidiary Huiju Technology will jointly hold Leoni Kabel GmbH through Singapore Huiju.

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