Luxshare-ICT secures majority ownership of Leoni
On July 10, Leoni concluded a partnership between its two shareholders, Luxshare-ICT and Stefan Pierer, its former sole owner. Following the signing of a binding agreement in September 2024, Luxshare-ICT has acquired a 50.1% stake in Leoni AG with its Wiring Systems Division (WSD), previously fully owned by Stefan Pi