LAPP on board as a new member of the Maschinenraum innovation ecosystem

Stuttgart / Berlin

The family-owned company LAPP, one of the world's leading suppliers of integrated solutions and branded products in the field of cable and connection technology, will become part of Maschinenraum.

The alliance of around 60 SMEs as well as university partners and other innovators is working together on the digital transformation of German Mittelstand. As part of this community, LAPP wants to use the collaboration with other members of Maschinenraum to exchange ideas on how to deal with current and future challenges - the focus will be on topics including digitalization, sustainability, innovation and dealing with change.

LAPP was founded in 1959 by Oskar and Ursula Ida Lapp, starting in 1957 with Oskar Lapps' innovation: the first industrially manufactured oil-resistant and flexible control cable with color coding, which is better known under the brand name ÖLFLEX ® . Today, it is impossible to imagine the industry without this product. The company is completely family-owned. With Matthias Lapp in October 2022, the third generation has taken over the management of the company, which employs over 4,500 people worldwide. The company manufactures at 21 international locations and has 44 of its own sales companies.

Innovation as an integral part of the corporate DNA

"Together with my management and all employees, we have changed a lot at LAPP in recent years, experienced a real cultural change. With the generation change, a new momentum is just emerging that I definitely want to take advantage of, together with Maschinenraum. We have to remain attractive on the market and as an employer, always one step ahead. This will only work if we are prepared to continuously work on ourselves and learn from the best. In the same way, we look forward to sharing our experiences and impulses with the network," says Matthias Lapp, Chairman of the Executive Board of Lapp Holding SE.

"Successors face the challenge of finding the balance between the new and the old - and not forgetting that the future also needs origins! LAPP is setting the best example here and can make a great contribution to our network in this area - but certainly especially around the topic of innovation. And will also receive important new impulses," says Tobias Rappers, Managing Director of Maschinenraum.

About Maschinenraum:

Maschinenraum, a shared ecosystem from Mittelstand for Mittelstand, unites German SMEs and family businesses to boldly shape the future. Already, around 60 family-owned companies - including Viessmann, Fiege Logistik, STIHL and Mast-Jägermeister - have joined Maschinenraum to jointly drive the digital and sustainable transformation of SMEs.

About LAPP:

LAPP, based in Stuttgart, is one of the leading suppliers of integrated solutions and branded products in the field of cable and connection technology. The company's portfolio includes cables and highly flexible conductors, industrial connectors and gland technology, customized assembly solutions, automation technology and robotics solutions for the smart factory of tomorrow, and technical accessories. LAPP's core market is mechanical and plant engineering. Other important sales markets include the food industry, logistics, the energy sector and mobility.

The company was founded in 1959 and is still fully family-owned. In fiscal 2020/21 it generated consolidated sales of 1,423 million euros. LAPP (including non-consolidated companies) employs around 4,586 people worldwide, manufactures at 21 international locations and has 44 of its own sales companies. In addition, LAPP cooperates with around 100 foreign representatives. Further information on this topic can be found here: https://lappconnect.lappgroup.com/de/presse