Company History

Launch of 3 flagship products: Minisens - a transducer the size of a chip, Sentinel to monitor standby batteries and Wi-LEM to measure energy consumption and communicate this data via a wireless network. Total sales of CHF 184.5 Million.

LEM is a "pure play" components company providing solutions for current and voltage measurement. Total sales of over CHF 150 million achieved.

2005

Divestment of Instruments business to Danaher Corp and divestment of the CTN real estate as part of the strategy to focus on the core competencies of the company.

Divestment of High Current System business, LEM DynAmp in Columbus/Ohio by a Management Buy-out. New company is named DynAmp, LLC.

Acquisition of the Transducer business of HINODE Electric KK, in Tokyo, Japan.

LEM acquires 65% of the shares of the Paris-based company Universal Technic S.A.

LEM acquires 100% of the Belgian company Electronics Instruments International SA (EII).

Joint Venture with the Japanese company NANA Electronics K.K., and foundation of the common NANALEM K.K.

First customized ASIC-based closed-loop transducers for the automobile industry.

Joint Venture with the Belgian company ACT´L SA and foundation of ACTLEM.

LEM divests its Recorder business.

Acquisition of Dr. Werner Mühlegger F&E GmbH and Integration in LEM NORMA GmbH.

Conversion of the Power Semiconductor Test Instruments business unit into the independent LEMSYS company.

25th Anniversary of LEM Group. Reaching over CHF 100 million of total sales.

Foundation of Centre de Technologies Nouvelles (CTN) SA with capital of CHF 50 million.

Foundation of LEM Nederland BV.

Re-organization of LEM leading to two Business Areas (BA): Components, Instruments and
two Business Units (BU): Test Systems, High Current Systems.

Integration of NGI NORMA GOERZ Instruments in Wiener Neudorf/Austria.

Integration of ELMES-Staub AG/Switzerland.

Total sales of CHF 50 million.

Take-over of the high-current measurement activity from the American manufacturer almar, to the LEM DynAmp Columbus/Ohio.

Creation of the Russian joint venture company TVELEM.

City of Geneva Award for industry.

Increase of the share capital to MCHF 30. Purchase of 80% British company HEME International Ltd. (HEME = Hall Effect Measurement Equipment). Entry into the instruments market.

Formation of the Chinese joint venture company Beijing LEM.

Creation of the Japanese subsidiary Nippon LEM KK.

Total sales of CHF 20 million.

Formation of the North American subsidiary LEM USA Inc, of the German subsidiary LEM Deutschland GmbH and of the Swedish subsidiary LEM Scandinavian AB.

City of Geneva Award for Industrial Merit.

Start of the building of the CTN (New Technology Centre). Introduction of LEM on the Geneva stock-exchange.

Creation of LEM Holding SA with a capital of CHF 6.2 million.

Creation of LEM France SARL.

The first 300 A current transducer is integrated into the concept of the Swiss trolley-buses.

Feb. establishment of Liaisons Electroniques-Mécaniques LEM SA with a capital of 200,000 CHF, 17 shareholders.