01.10.2024
LÜTZE Group acquired by Amphenol Corporation
WEINSTADT, GERMANY, the international LÜTZE Group will be acquired by the US American Amphenol Corporation. The railway and automation specialist LÜTZE is planning further growth and expansion of business activities.
Illustration: All LÜTZE company and production sites will be retained
The automation specialist Friedrich Lütze GmbH, the railway technology company Lütze Transportation GmbH and all other companies of the international LÜTZE Group in Europe and China will be taken over by the US Amphenol Corporation on October 1st, 2024. The US members of the LÜTZE Group, Lutze Inc. and Data Guide Cable Corporation, were already successfully acquired in July 2024.
Friedrich Lütze founded the company in 1958, and the generational change took place in 2006 with Udo Lütze at the top. Since then, LÜTZE has developed into a technology leader, particularly in parts of railway technology as well as in energy-efficient wiring in control cabinets and intelligent power monitoring. “With the recent inclusion in the AMPHENOL Group corporate family, a third change is taking place with the aim of further growth in the areas mentioned and beyond.”, says Udo Lütze, CEO of the LUETZE INTERNATIONAL Group.
There are no changes for the customers and business partners. The usual flexibility and customer proximity remain the same. The previous contacts as well as the known company and production sites including the company headquarters in Weinstadt will remain unchanged.
Martin Teufel, CEO of Friedrich Lütze GmbH will retire by Q1 2025. Dimitrios Koutrouvis, currently CEO of Lütze Transportation GmbH will take over additionally the responsibility for Friedrich Lütze GmbH within the transition period and under the supervision of Martin Teufel.
Q&A areas have been set up on the LÜTZE company pages at www.luetze.com and www.luetze-transportation.com to answer the most important questions.
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About the LÜTZE Group
Tradition in Automation since 1958 - With countless pioneering achievements, LÜTZE is today one of the leading firms in industry worldwide. Friedrich Lütze GmbH in Weinstadt, Germany is a member of worldwide active LUETZE INTERNATIONAL GROUP and is home of the global R&D center and most of the production.
The product portfolio consists of industrial cables to AirSTREAM Wiring Systems; Interface and Suppression technology, Current Control, Power Supplies and Field Bus technology up to network controlled Ethernet. With locations throughout Europe and the USA, the LÜTZE Group is well-positioned to service the European and North American markets. Our international distribution partners worldwide complement our efforts and provide global product availability and service to the customers.
Railway technology is another important mainstay for LÜTZE. LÜTZE TRANSPORTATION is among the leading suppliers in this sector worldwide.
More information: www.luetze.com and www.luetze-transportation.com
About Amphenol Corporation
Amphenol is one of the largest manufacturers of interconnect products in the world. The Company designs, manufactures and markets electrical, electronic and fiber optic connectors, coaxial and flat-ribbon cable, and interconnect systems.
The primary end markets for the Company's products are communications and information processing markets, including cable television, cellular telephone and data communication and information processing systems; aerospace and military electronics; and automotive, rail and other transportation and industrial applications.
For more information visit: www.amphenol.com