Innovatek and iVision Tech are relaunching the Molex Zetronic plant in Padua, ensuring operational continuity for the 119 employees and maintaining the current workforce without any production relocations. The acquisition, formalized with the signing of a preliminary agreement, was coordinated by the Veneto Region and features a share distribution of 55% for Innovatek and 45% for iVision Tech.
The industrial project aims to continue focusing on the automotive sector while expanding activities toward complementary applications in the eyewear, electrotechnical, and electric mobility sectors. The goal is to combine industrial expertise with new opportunities for technological development.
The operation has been positively received by unions and institutions, highlighting the strategic value of the investment for the territory. The next step will be the completion of the takeover by October 29, 2024, ensuring a long-term industrial plan focused on innovation and sustainability.
