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Carlo Gavazzi is a diversified, internationally active electronics group designing, manufacturing and marketing electronic equipment targeted at the global markets of industrial automation and information processing. |
| Employees : |
50+ |
| Year established : |
1931 |
Business : |
Manufacturer |
 Steinhausen, March 31, 2009 Steinhausen, March 31, 2009
With the divestiture of its US based Computing Solutions Business Unit, the Carlo Gavazzi Group will now focus on its core activity, Automation Components, in line with its strategy which has been announced earlier.
With the divestiture of its US based Computing Solutions Business Unit, the Carlo Gavazzi Group will now focus on its core activity, Automation Components, in line with its strategy which has been announced earlier. Substantially all of the assets and liabilities of Computing Solutions have been sold to the Austrian company System Industrie Electronic AG (S.I.E.), headquartered in Lustenau, for a total cash consideration of EUR 5.75 million. This transaction is not expected to produce any material gain or loss and will close by latest April 6, 2009. At the same time the operational responsibility for Computing Solutions will be taken over by the acquirer.
S.I.E. is active in embedded computing, i.e. professional computer hardware and dedicated services. The financial result of Carlo Gavazzi Holding AG for the year 2008/09 will be negatively impacted by the requirement to write-off goodwill attached to the business unit in the amount of USD 4.7 million.
Carlo Gavazzi is a diversified, internationally active electronics group designing, manufacturing and marketing electronic equipment targeted at the global markets of industrial automation and information processing.
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Under the umbrella of a holding company, headquartered in Switzerland, Carlo Gavazzi is organised in two business units. It is the function of the holding company to ensure planning and development of the group’s business portfolio, to choose a coherent set of strategies and objectives, to monitor their implementation and the efficiency of the corresponding management tools and processes, to select the upper-level management, to manage corporate finance, controlling, tax planning, management information systems, communication and investor relations. The business units operate separately within the framework of defined strategies and objectives; they are responsible for research and development, manufacturing, quality, marketing and sales, human resources, logistics, finance and control. Group executives lead their business units in line with the holding’s objectives as businessmen with strong entrepreneurial drive and responsibility.
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- To provide our customers with technologically innovative, high quality and competitive solutions, in compliance with their requirements and expectations
- To create an environment conducive to our employees’ professional and personal development
- To obtain a fair and equitable return for our shareholders through sustained development of our core activities
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- To create added value for our customers with our products and services in order to strengthen their market positions and establishing long-term partnerships
- To adapt structures and processes to market needs and delegate responsibility
- To promote an environment conducive to mutual respect and cooperation
- To mark clear leadership and integrity by doing what we say
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| Inductive Proximity Sensors Inductive Proximity Sensors | 
| Safety Modules Safety Modules | 
| SOLUTIONS FOR HVAC SYSTEMS Customised solutions for HVAC | 
| SOLUTIONS FOR RENEWABLE ENERGY Our products range for photovoltaic and wind power applications | |
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