Komax Group Invests in E-Plus to Boost Presence in China

In a strategic move, the Komax Group acquired a 5% minority stake in Changchun E-Plus Technology Co., Ltd., a leading provider of digital smart factory solutions for the wire processing industry in China. The acquisition was finalized at the end of 2024, marking a significant enhancement of Komax's market position in the region.

E-Plus, founded in 2015 and located in northeastern China's Changchun, employs over 200 staff primarily focused on software development. The company is renowned for its manufacturing execution system (MES), the most widely used in China for wire harness production. This system aids manufacturers in monitoring, controlling, optimizing, and tracing production processes, compatible with machines from Komax and other providers.

This partnership supports Komax's ongoing China strategy, reinforcing its smart factory solutions. Komax also acquired a majority stake in Hosver in 2024, further solidifying its presence in the high-voltage cable processing market.