Nagold/Altensteig. The Boysen Group is continuing to drive its strategic transformation forward and is acquiring a majority stake in AI energy optimizer Olmatic. Founded in 2016 by the Olma family, the company is considered one of the technological pioneers in AI-powered energy optimization for industry.
“Olmatic helps industrial companies and large-scale commercial operations significantly reduce their electricity costs while substantially advancing decarbonization, which provides a decisive competitive advantage both today and in the future,” said Rolf Geisel, Chairman of the Boysen Supervisory Board, who had already taken a close interest in Olmatic during his time as CEO of the group: “We’re talking about a key technology in which Germany is a global leader and which will significantly shape the energy-intensive production of the future.”
At the heart of the partnership is “visions,” the AI platform developed by Olmatic, which combines in-depth energy consulting with end-to-end technical implementation. The software automatically implements, during ongoing operations, the efficiency potential previously identified by energy consultants. “From dynamic electricity procurement on the exchanges to intelligent load management in production and the optimal control of battery storage and self-generated energy, ‘visions’ regulates energy flows in real time,” promises Olmatic CEO Patrick Olma.
As part of the Boysen Group, Olma is banking on rapid growth: “With Boysen, we are gaining an experienced partner and global player that understands the industry and thinks long-term. Under this new circumstances, we have the opportunity to take AI-powered energy optimization to a whole new level—technologically, economically, and above all, in terms of reach.”
As part of the new partnership, Olmatic GmbH will relocate its headquarters from Stuttgart to the BIN Boysen Innovation Center in Nagold this coming October, which will significantly shorten collaboration channels and provide sufficient capacity for expanding Olmatic’s current workforce of 20 employees.
For Patrick Olma and his brothers Christian and Tobias, the move also marks a return to their roots. “We founded our company in Nagold in 2016, and now—with a strong industrial partner by our side—we are returning to the region where the initial technological foundations of our vision were laid.”
In this context, Boysen Supervisory Board Chairman Rolf Geisel clarifies: “We see Olmatic as an independent, strong pillar for the future of our corporate group,” says Geisel, adding: “Energy optimization has become one of the top issues for nearly all companies. Olmatic offers the intelligent control layer that orchestrates, optimizes, and maximizes the economic efficiency of all energy projects. This is a business segment with enormous future potential. And we will do everything in our power to ensure that Olmatic fully realizes this potential and grows accordingly.”
***
The core business of the Boysen Group, headquartered in Altensteig (Baden-Württemberg), is the development and manufacture of high-performance exhaust systems and components for passenger cars, commercial vehicles and off-highway applications. In addition to its three main customers, Audi, BMW and Mercedes-Benz, the exhaust technology specialist works for the German car manufacturers Volkswagen and Porsche, the British brands Bentley and Rolls-Royce, the commercial vehicle manufacturers Daimler Truck and MAN, and in the off-highway sector for Krauss Maffei, mtu, Voith and others.
The Boysen Group has been driving technological transformation forward since 2016. With new product groups such as battery cases, hydrogen tank systems, control elements and electronic components, the next chapter in the company's more than 100-year history is being written. Other components of the future strategy include the manufacture of energy storage systems (redox flow battery systems) and fuel cells, as well as basic and product development in the field of hydrogen technology.
The Boysen Group is a foundation-owned company and currently employs around 5,100 people at 30 plants in Germany and abroad. In addition to its development sites in Altensteig, Nagold and Simmersfeld, Boysen has production plants in Altensteig, Simmersfeld, Nagold, Heubach, Steißlingen, Salching, Ingolstadt, Plauen and Achim, as well as in France, Egypt, South Africa, India, China, Mexico, Hungary, Serbia and the USA.
***
Note:
The photos attached to this press release may only be used in connection with this specific press release and not in conjunction with other reports or articles about the Boysen Group. Any other use requires the written consent of the Boysen Group.
***
For further questions please contact:
Christian Grimm
Marketing Team Leader
BIN Boysen Innovationszentrum Nagold GmbH & Co. KG
Carl-Friedrich-Gauss-Str. 4
72202 Nagold
Tel. 07452/8408-200
Fax 07452/8408-8200
E-mail christian.grimm(at)bin.boysen-online.de
For publication free – proof requested
