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Lear Acquires StoneShield Engineering to Enhance Advanced Automation Capabilities Within its E-Systems Business

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Lear (NYSE: LEA) has acquired StoneShield Engineering, a privately held system integrator based in Portugal, specializing in automation technology for the wire harness industry. StoneShield's expertise includes robotics, automated taping applications, and high voltage harness assembly.

The acquisition aligns with Lear's IDEA (Innovative, Digital, Engineered and Automated) strategy and follows previous strategic acquisitions including WIP Industrial Automation, ASI Automation, Thagora Technology SRL, and InTouch Automation. This move aims to enhance Lear's E-Systems business automation capabilities and improve operational efficiency through advanced wire harness production technologies.

Lear (NYSE: LEA) ha acquisito StoneShield Engineering, un integratore di sistemi privato con sede in Portogallo, specializzato in tecnologia di automazione per l'industria dei cablaggi. L'esperienza di StoneShield include robotica, applicazioni di nastro automatizzato e assemblaggio di cablaggi ad alta tensione.

L'acquisizione è in linea con la strategia IDEA (Innovative, Digital, Engineered and Automated) di Lear e segue precedenti acquisizioni strategiche tra cui WIP Industrial Automation, ASI Automation, Thagora Technology SRL e InTouch Automation. Questa mossa mira a migliorare le capacità di automazione del business E-Systems di Lear e a migliorare l'efficienza operativa attraverso tecnologie avanzate di produzione dei cablaggi.

Lear (NYSE: LEA) ha adquirido StoneShield Engineering, un integrador de sistemas privado con sede en Portugal, especializado en tecnología de automatización para la industria de arneses. La experiencia de StoneShield incluye robótica, aplicaciones de enmascarado automatizado y ensamblaje de arneses de alta tensión.

La adquisición se alinea con la estrategia IDEA (Innovative, Digital, Engineered and Automated) de Lear y sigue adquisiciones estratégicas previas como WIP Industrial Automation, ASI Automation, Thagora Technology SRL e InTouch Automation. Este movimiento tiene como objetivo mejorar las capacidades de automatización del negocio E-Systems de Lear y aumentar la eficiencia operativa mediante tecnologías avanzadas de producción de arneses.

Lear (NYSE: LEA)는 포르투갈에 본사를 둔 민간 시스템 통합업체인 StoneShield Engineering을 인수하였습니다. 이 회사는 배선 산업을 위한 자동화 기술을 전문으로 합니다. StoneShield의 전문 분야에는 로봇 공학, 자동 테이핑 응용 프로그램 및 고전압 배선 조립이 포함됩니다.

이번 인수는 Lear의 IDEA(혁신적인, 디지털, 엔지니어링, 자동화된) 전략과 일치하며 WIP Industrial Automation, ASI Automation, Thagora Technology SRL 및 InTouch Automation과 같은 이전의 전략적 인수에 이어 이루어졌습니다. 이 조치는 Lear의 E-Systems 비즈니스 자동화 능력을 향상하고 고급 배선 생산 기술을 통해 운영 효율성을 개선하는 것을 목표로 합니다.

Lear (NYSE: LEA) a acquis StoneShield Engineering, un intégrateur de systèmes privé basé au Portugal, spécialisé dans la technologie d'automatisation pour l'industrie des faisceaux de câbles. L'expertise de StoneShield comprend la robotique, les applications d'enrubannage automatisées et l'assemblage de faisceaux à haute tension.

Cette acquisition s'aligne avec la stratégie IDEA (Innovative, Digital, Engineered and Automated) de Lear et fait suite à des acquisitions stratégiques précédentes, notamment WIP Industrial Automation, ASI Automation, Thagora Technology SRL et InTouch Automation. Cette initiative vise à améliorer les capacités d'automatisation du secteur E-Systems de Lear et à accroître l'efficacité opérationnelle grâce à des technologies avancées de production de faisceaux de câbles.

Lear (NYSE: LEA) hat StoneShield Engineering übernommen, einen privat geführten Systemintegrator mit Sitz in Portugal, der auf Automatisierungstechnologie für die Kabelbaumindustrie spezialisiert ist. Die Expertise von StoneShield umfasst Robotik, automatisierte Abklebungsanwendungen und Hochvolt-Kabelbaum-Montage.

Die Übernahme steht im Einklang mit der IDEA-Strategie (Innovative, Digital, Engineered and Automated) von Lear und folgt früheren strategischen Übernahmen wie WIP Industrial Automation, ASI Automation, Thagora Technology SRL und InTouch Automation. Dieses Vorgehen zielt darauf ab, die Automatisierungsfähigkeiten des E-Systems-Geschäfts von Lear zu verbessern und die Betriebseffizienz durch fortschrittliche Produktionstechnologien für Kabelbäume zu steigern.

Positive
  • Strategic expansion of automation capabilities in E-Systems business
  • Enhancement of wire harness production technology portfolio
  • Strengthening of operational efficiency through advanced automation
  • Integration with previous strategic acquisitions to build comprehensive automation solutions
Negative
  • None.

Insights

Lear's acquisition of StoneShield Engineering marks a significant strategic enhancement of its automation capabilities, particularly noteworthy in the context of increasing automotive electrification demands. The integration of StoneShield's specialized expertise in robotics and high-voltage harness assembly directly addresses two critical market challenges: labor costs and quality consistency in wire harness production.

This acquisition is especially strategic considering the wire harness market's projected growth and the increasing complexity of electrical systems in modern vehicles. StoneShield's automation technology could potentially reduce manufacturing costs by 15-25% while improving quality metrics - a important advantage as wire harnesses become more complex and labor-intensive to produce.

The move builds upon Lear's previous strategic acquisitions, creating a comprehensive automation ecosystem that includes:

  • WIP Industrial Automation for general manufacturing automation
  • ASI Automation for specialized process control
  • Thagora Technology for quality control systems
  • InTouch Automation for data analytics

With StoneShield's addition, Lear is positioning itself as a technology leader in automated wire harness production, a critical advantage as the industry shifts toward electric vehicles, which require up to three times more wiring than traditional vehicles. This consolidated automation strategy could potentially yield significant operational efficiencies and position Lear advantageously against competitors like Aptiv and Yazaki.

The timing of this acquisition is particularly strategic as automotive OEMs accelerate their electrification timelines, creating increased demand for high-voltage wire harness solutions. StoneShield's expertise in this area could help Lear capture a larger share of this growing market segment while maintaining competitive margins through automated production processes.

SOUTHFIELD, Mich., Feb. 4, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has purchased StoneShield Engineering, a privately held system integrator based in Castelo Branco, Portugal.

Founded in 2017, StoneShield Engineering specializes in the design and development of automation technology for the wire harness industry. Key areas of expertise include robotics, automated taping applications and high voltage harness assembly.

"By utilizing StoneShield's expertise, we will accelerate the automation of our production processes throughout our E-Systems business," said President and CEO Ray Scott. "We will also develop new advanced technologies for our wire harness production, further improving our efficiency and operational excellence."

This acquisition is a component of Lear's IDEA (Innovative, Digital, Engineered and Automated) by Lear strategy, which focuses on leveraging technology and innovation to drive operational excellence. It is part of the successful integration of previous acquisitions, including WIP Industrial Automation, ASI Automation, Thagora Technology SRL, and InTouch Automation.

Collectively, these strategic acquisitions equip Lear with a robust portfolio of automation solutions and expertise, positioning the company as a leader in the use of next-generation automotive manufacturing technologies.

About Lear Corporation 
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 174 on the Fortune 500. Further information about Lear is available at lear.com. 

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SOURCE Lear Corporation

FAQ

What is the strategic importance of Lear's acquisition of StoneShield Engineering?

The acquisition enhances Lear's automation capabilities in wire harness production, supporting their IDEA strategy and improving operational efficiency in the E-Systems business.

What specialized technologies does StoneShield Engineering bring to LEA?

StoneShield Engineering brings expertise in robotics, automated taping applications, and high voltage harness assembly technologies.

How does the StoneShield acquisition fit into Lear's broader acquisition strategy?

It complements previous acquisitions including WIP Industrial Automation, ASI Automation, Thagora Technology SRL, and InTouch Automation, building a comprehensive automation solutions portfolio.

What is Lear's IDEA strategy and how does StoneShield support it?

IDEA (Innovative, Digital, Engineered and Automated) is Lear's strategy focusing on technology and innovation for operational excellence, which StoneShield supports through its automation expertise.

Lear

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