Group profile

History

  • 1931
    Foundation of the company in Milan
  • 1953
    Extension of the activities into instrumentation and control panels
  • 1963
    Foundation of Reactor Controls, San Jose, CA, USA, leader in control rod drive hydraulic systems for boiling water reactors
  • 1965
    Introduction in Europe of electromechanical components and electronic controls of a Japanese manufacturer
  • 1974
    European marketing joint venture with the Japanese manufacturer
  • 1984
    Carlo Gavazzi goes public, with shares traded on the Zurich Stock Exchange
  • 1986
    Acquisition of Mupac, Brockton, MA, a US manufacturer of electronic system packaging products. Divestiture of the JV participation to the Japanese partner
  • 1988
    Strengthening of the industrial base and product offering by the acquisition of Electromatic (control components), Feme (relays and switches) and Areg (drive systems)
  • 1993
    Implementation of a structure of autonomous business units
  • 1996
    Focusing process and divestment of non-strategic businesses
  • 2000
    The Italian sensor company Saiet is acquired. Divestiture of the non-core drives activities
  • 2001
    Acquisition of the California based Channel Access 
  • 2002
    Divestiture of the Engineering and Contracting Business Unit
  • 2004
    Transfer of part of the sensor production to Lithuania
  • 2005
    Geographical expansion in South-East-Asia by establishing a manufacturing facility in China, a regional headquarters in Singapore and four sales offices in China
  • 2006
    Completion of production relocation to Lithuania and Malta
  • 2007
    Discontinuance of the Channel Access distribution activity
  • 2009
    Divestiture of the Computing Solutions Business Unit 

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