New European legal form
LAPP is now known as Lapp Holding SE
Stuttgart, 11. January 2023
Change to LAPP's corporate form. With effect from December 27, 2022, the former Lapp Holding AG was converted into Lapp Holding SE.
With its new name as Societas Europaea (SE), the global market leader for integrated solutions in the field of cable and connection technology promises greater strategic design freedom. "The legal transformation is a building block in the long-term process of the company's development and a commitment to the international nature of LAPP and its markets. The new legal form of the SE will provide our organisation with the framework for steering our international growth consistently and sustainably," explains Matthias Lapp, Chairman of the Board of Lapp Holding SE.
Matthias Lapp emphasises that the conversion is "purely a change of legal form". The headquarters of Lapp Holding SE will continue to be in Stuttgart-Vaihingen. This is also underlined by LAPP's Strategy 2027, which clearly defines the long-term growth targets and the associated activities. This includes organisational change. In order to be able to act faster and more efficiently in the face of strong growth, LAPP has restructured itself. In line with the motto "Think globally, act locally", the aim is to ensure that local strengths are retained, while simultaneously controlling the strategic guidelines centrally.