Con Met Acquires Saietta

ConMet acquires Saietta Group Netherlands branch

Aug. 21, 2023
ConMet and the Saietta Group have developed new products together over the past year, leading to an acquisition which will bolster ConMet's eMobility business.

ConMet, a provider of wheel-end solutions, hub assemblies, brake drums, and aftermarket products for commercial vehicles, has acquired the assets focused on e-mobility products from the Saietta Group's Netherlands branch. With this new agreement, ConMet is integrating the intellectual property and employees dedicated to in-wheel motor technology.

"This marks a significant milestone for ConMet as we expand our eMobility business and embark on a journey of exciting product development opportunities," said John Waters, president of ConMet. "The integration of Saietta Group's resources and expertise in the Netherlands strengthens our ability to bring innovative solutions to the commercial vehicle industry."

Read more: ConMet unveils new commercial truck technologies at TMC 2023

Saietta Group, a European-based motor company headquartered in the UK, has been engaged in a joint development agreement with ConMet's engineering team over the past year. The team's partnership has led to the development of new products and paved the way for the recent acquisition.

ConMet is acquiring the team members, office, and testing facilities in the Netherlands from Saietta Group, now known as ConMet Netherlands B.V. and located in Apeldoorn, Netherlands, just an hour from Amsterdam.

Sponsored Recommendations

The Technician’s Guide for Mastering DPF Regens

Become a regen expert today! Equip yourself with the skills necessary to recognize when a forced regen is the correct procedure to maximize the lifespan of your filter and keep...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...

Fleet Industry Benchmarks: How does your fleet stack up?

Discover how your fleet compares to industry benchmarks and gain insights from a 2024 Benchmarking Report on maintenance spend, turnaround time, and more. Join us to identify ...

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...