The international automotive supplier is selling its subsidiaries Leoni Fiber Optics GmbH, Leoni Fiber Optics Inc., and J-Plasma GmbH to a consortium of buyers to pursue its focus in the automotive and commercial vehicle industries.
Leoni sells the Industrial Solutions business group, which is part of the WCS division (Wire & Cable Solutions) and which makes up significant parts of its industrial business, to BizLink. With this, Leoni is trying to stabilize further.
