Plug-and-Play Thermal Management Systems Now Available for Electric and Autonomous Vehicles

ARaymond, an international automotive leader in fastening and assembly solutions, has acquired CGA Technologies, an Italian manufacturer of high performing thermal cooling plates. This step follows the acquisition in early October of Castello Italia S.p.A. a company specializing in plastic tube extrusion for pneumatic applications within transportation and specific industrial market segments.

These acquisitions are not just about broadening the ARaymond product offering, but about scaling up complete and tailor-made plug-and-play solutions. The goal is to design and deliver optimized thermal management systems within the mobility and selected Industrial sectors.

"As a leader of fastening and assembly solutions for more than 155 years, we continuously strive to reinvent ourselves and stay ahead in the fast-moving markets that we operate in. The automotive industry is shifting to electric and autonomous vehicles, and we want to actively contribute to this extraordinary transition. To meet our customers' evolving demands, we have a clear vision that agility and time to market are critical and that our customers are expecting complete solutions. For all these reasons, the acquisitions of CGA Technologies and Castello Italia S.p.A, are an ideal fit," explains Antoine Raymond, ARaymond CEO.

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