As an automotive supplier, Linde + Wiemann must simultaneously reduce costs and meet sustainability goals in a challenging market environment.
The existing furnace system and thermopress were showing signs of wear, leading to higher maintenance costs and longer downtimes.
The necessary investment for a comprehensive retrofit program should be financed in line with the remaining service life.
The used furnace and thermopress were brought up to current technological standards through a retrofit program, including a new Siemens control system, and expanded with a new stacking cell.
Siemens Financial Services financed this comprehensive modernization of the plant over a 48-month lease term.
SFS's financing solution enabled us to modernize our production facility. The resulting improved cost structure strengthens our competitiveness.
Markus Herber, CFO, Linde + Wiemann
The swift financing commitment from SFS enabled the immediate implementation of the retrofit program. Furthermore, additional investments could be realized more quickly using the freed-up cash flow.
The comprehensive modernization of the furnace system significantly reduced operating costs and substantially increased machine availability.
With approximately 2,300 employees and 19 locations in 8 countries across 4 continents, the company is considered a competent and innovative partner to the automotive industry for structural and crash-relevant components and assemblies. L+W supplies major OEMs such as Mercedes-Benz, BMW, Volkswagen, and Stellantis.
Finance Solution (Retrofit leasing) for Linde + Wiemann in Germany
Retrofit leasing for an established Tier 1 automotive supplier in Germany
Finance Solution (Retrofit leasing) for Linde + Wiemann in Germany
Retrofit leasing for an established Tier 1 automotive supplier in Germany
