LEONI Wiring Systems Company Profile

Background

Overview

LEONI Wiring Systems, a division of LEONI AG, is a global leader in providing products, solutions, and services for energy and data management in the automotive industry. The company specializes in the development, production, and supply of complex wiring systems and customer-specific cable harnesses. With a workforce of approximately 87,000 employees across 21 countries, LEONI generated consolidated sales of EUR 5 billion in 2024.

Mission and Vision

LEONI's mission is to support its customers in achieving sustainable and connected mobility concepts, including autonomous driving, alternative drives, and charging systems. The company's vision focuses on reducing complexity and enabling higher levels of automation through innovative wiring systems, such as zonal architecture.

Primary Area of Focus

The primary focus of LEONI Wiring Systems is on the automotive sector, providing comprehensive wiring solutions that meet the evolving demands of modern vehicles, including electric and autonomous vehicles.

Industry Significance

As one of the world's largest suppliers of complex wiring systems and cable harnesses, LEONI plays a crucial role in the automotive supply chain, contributing to the advancement of vehicle electrification and connectivity.

Key Strategic Focus

Core Objectives

Innovation in Wiring Systems: Develop advanced wiring solutions that support the transition to electric and autonomous vehicles.

Sustainability: Implement environmentally friendly practices and products to align with global sustainability goals.

Global Expansion: Strengthen market presence through strategic partnerships and expanding manufacturing capabilities.

Specific Areas of Specialization

Automotive Wiring Systems: Design and manufacture complex wiring systems tailored for passenger cars, commercial vehicles, and electric vehicles.

Electromobility Solutions: Provide specialized components and charging cables for electric vehicles and plug-in hybrids.

Key Technologies Utilized

Zonal Architecture: Implement wiring systems that reduce complexity and enable higher levels of automation.

High-Voltage Cables: Develop cables suitable for electric vehicle applications, ensuring safety and efficiency.

Primary Markets Targeted

Automotive OEMs: Original Equipment Manufacturers requiring advanced wiring solutions.

Tier One Suppliers: Companies supplying components to automotive manufacturers.

Financials and Funding

Funding History

LEONI AG, the parent company of LEONI Wiring Systems, is listed on the Frankfurt Stock Exchange and is a member of the mid-cap MDAX index. The company has a history of strategic acquisitions and partnerships to strengthen its market position.

Recent Funding Rounds

In July 2025, Luxshare Precision acquired a 50.1% stake in LEONI AG's Wiring Systems Division, marking a significant change in ownership for this key segment.

Notable Investors

Luxshare Precision: A Chinese company specializing in electronic components, which now holds a majority stake in LEONI's Wiring Systems Division.

Intended Utilization of Capital

The capital from the acquisition is expected to enhance LEONI's technological capabilities, expand its market reach, and support the development of advanced wiring solutions for electric and autonomous vehicles.

Pipeline Development

Key Pipeline Candidates

LEONiQ HV Connect: A smart cable system designed for electric vehicle platforms, featuring built-in sensors for real-time monitoring of temperature and voltage.

Stages of Development

Product Development: Ongoing research and development to refine and enhance product offerings.

Market Introduction: Plans to showcase cable technologies for electromobility at industry events such as Battery Show Europe 2025.

Target Conditions

Electric Vehicles: Providing specialized wiring solutions to meet the unique requirements of electric vehicle platforms.

Anticipated Milestones

Product Launches: Introduction of new wiring systems and components tailored for the evolving automotive market.

Technological Platform and Innovation

Proprietary Technologies

LEONiQ HV Connect: An innovative smart cable system for electric vehicles, integrating sensors for real-time monitoring.

Significant Scientific Methods

Zonal Architecture: A design approach that simplifies wiring systems and enhances automation capabilities.

AI-Driven Capabilities

Predictive Maintenance: Utilizing data analytics to anticipate and address potential issues in wiring systems, improving reliability and performance.

Leadership Team

Key Executives

Klaus Rinnerberger: Chief Executive Officer (CEO) of LEONI AG.

Andreas Krifka: Chief Financial Officer (CFO) of LEONI AG.

Professional Backgrounds

Klaus Rinnerberger: Brings extensive experience in the automotive and manufacturing sectors, leading LEONI AG with a focus on innovation and global expansion.

Andreas Krifka: Oversees financial operations, ensuring strategic financial planning and stability for the company.

Key Contributions

Klaus Rinnerberger: Guided LEONI through significant strategic partnerships and acquisitions, including the recent majority acquisition by Luxshare Precision.

Andreas Krifka: Implemented financial restructuring strategies to strengthen the company's financial position and support its growth initiatives.

Competitor Profile

Market Insights and Dynamics

The global automotive wiring harness market is projected to reach USD 67.4 billion in 2025, with LEONI's revenue placing it 6th among its top 10 competitors, whose average revenue was USD 6.4 billion.

Competitor Analysis

Aptiv PLC: Focuses on technology and mobility solutions, developing vehicle components and offering electrical, electronic, and active safety systems.

Nexans: Concentrates on sustainable low-power cables, aligning with global trends towards energy efficiency.

Prysmian Group: Bolstered its data center cable manufacturing capacity with investments, catering to the growing demand for high-speed data transmission.

Sumitomo Electric Industries: Adopted high-strength, heat-resistant aluminum alloy wires for automotive applications, competing in the lightweight cable market essential for electric vehicles.

Strategic Collaborations and Partnerships

Luxshare Precision: Acquired a 50.1% stake in LEONI's Wiring Systems Division, enhancing market access and technological capabilities.

Operational Insights

LEONI's strategic focus on electromobility and autonomous driving positions it to leverage the growing demand for advanced wiring systems in electric vehicles and connected mobility solutions.

Strategic Opportunities and Future Directions

Strategic Roadmap

Electromobility Solutions: Expand the portfolio of wiring systems tailored for electric vehicles, including high-voltage cables and charging infrastructure components.

Autonomous Driving: Develop wiring solutions that support the complex sensor and communication systems required for autonomous vehicles.

Global Expansion: Strengthen presence in emerging markets through strategic partnerships and localized manufacturing facilities.

Future Business Directions

Sustainability Initiatives: Implement eco-friendly manufacturing processes and develop products that contribute to reducing the carbon footprint of the automotive industry.