Transforming electrical
system solutions The Sitem Group of Italy is a market leader in the design and manufacture of stamped and annealed electrical laminations for many manufacturing industries. The company has seen strong growth through innovation and acquisitions and has been pro-active in pursuing new technologies and new e-mobility solutions. Philip Yorke reports.
S
item SpA was founded in Trevi, Italy in 1974 and has grown to become an important European manufacturer of stamped and annealed electrical laminations for a diverse range of electrical products. The company mainly produces components for electrical appliances, however, it has diversified its offering over the years to include products and solutions for industries such as hydraulics, automotive, lifting equipment and energy. In addition, its electrical laminations are used worldwide for the manufacture of fans, industrial pumps, burners, wind turbines and air compressors. Critical automotive parts such as alternators, electric windows, power steering and fans are also produced by Sitem. Raw materials including high quality magnetic steel are purchased from major European steel producers such as ThyssenKrupp and Voestalpine. This 82 Industry Europe
quality ensures best-in-class aluminium die-cast components for housings and other items that between them consume over 6000 tonnes of raw material each year.
Acquisition driving sales Having embarked upon a mission to acquire other key companies in the electrical lamination sector, in 2004 Sitem began with the purchase of two companies in Milan that produced electrical laminations and stamping tools. This was the beginning of an acquisition trail that has since transformed the company’s fortunes, and its global market position and standing. A further milestone was achieved in 2004, when in order to enter the eastern European market, the company founded a new state-of-