Enertronica Santerno S.p.A. ('Enertronica Santerno' or 'The Company'), a company listed on the AIM Italia market, multilateral trading system organized and managed by Borsa Italiana S.p.A. ('AIM Italia'), announces that it has signed a 5-year technological partnership agreement for a mutual exchange of know-how and technologies, with Lenze Drives GmbH (hereinafter 'Lenze'), a company of the German Lenze Group which is internationally recognized as a leader in drive technology and automation systems for the factory automation sector.

Vito Nardi, President and CEO of Enertronica Santerno, declares: 'We are proud to have concluded this multi-year partnership with Lenze. This agreement represents an important step in strengthening our position as an industrial energy and industrial automation group and it represents an important collaboration between leading European companies in this sector.'

Davide Cesaretti, Senior Vice President Lenze Mechatronics, states: 'Enertronica Santerno's decision to select Lenze as its trusted partner, confirms and reinforces Lenze's ability to produce strongly competitive inverters in Europe with high performance and flexibility to adapt to customer and market specific requirements. Therefore, our inverters are able to satisfy both the mass market and the sectors with specific needs and high-performance standards.'

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Enertronica Santerno S.p.A. published this content on 28 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2020 19:25:07 UTC