Sven Bauer, BMZ CEO & Founder (on the left) and Dave Fawcett, CEO of AMADA WELD TECH’s European and American Operations, shaking hands on their latest deal.
BMZ, a global specialist in lithium-ion battery manufacturing, is investing over €11 million to acquire welding systems from Amada Weld Tech, for its battery production.
The investment in BMZ’s German production capacity is dedicated to serve growing demand in the energy storage solutions market.
Welding is one of the key processes within battery production and at the same time a potential bottle neck of the whole production process.
“With over 100 years of experience in resistance welding, Amada Weld Tech is well aware of the challenges of joining appliciations in battery pack production. By combining the knowledge from its in-house design department with the expertise of its application and research labs, resistance welding systems can be created to make daily operation as efficient as possible,” Amada Weld Tech says in a release.
The energy storage market is estimated to almost quadruple its worldwide volume by 2027. The rising demand is a result of increased responsibility amongst industry and homeowners, as part of the energy transition for climate development. Additionally, the world market shows a growing desire for energy storage.
“After being able to already supply our valued client, BMZ, with many of our AWS-3 Jupiter RW Resistance Welding Systems in the past, this latest major order is to date, our biggest deal with BMZ. We look forward to fullfilling this latest order and to continue our successful business partnership into the future,” says Dave Fawcett, CEO of Amada Weld Tech’s European and American operation.