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Exxelia expands footprint in India with strategic investment in SVM

Enhancing its Magnetics offering for Medical and adding Busbars to its power electronics passive components portfolio.

PARIS, France and CHENNAI, India, November 4th, 2024 – Exxelia, a leading designer and manufacturer of high-performance passive components and sub-systems, announces the acquisition of 70% of SVM Private Limited, a prominent Indian company specialized in the design and manufacturing of critical magnetic components and busbars, specifically serving the healthcare and industrial end-markets.

Founded in 1989 by Hemalatha and Ramprasad Meka, SVM has 35 years of expertise in the design, development, and manufacturing of coils, transformers, and laminated or coated/plated busbars. Over the years, the company has become a leader in critical magnetic solutions for medical imaging applications, leveraging its deep understanding of all relevant standards and strong commitment to quality.

Mr. Meka, who serves as SVM’s Managing Director will continue to own 30% of SVM and will remain in his current leadership role. Aside from an upcoming change of name where SVM will be renamed as Exxelia SVM, the company will continue to operate from its current Chennai facility and does not expect any material Team Member turnover to result from the acquisition.

Through this partnership, Exxelia is reinforcing its footprint in India, enhancing its product offer with busbars and expanding its know-how and expertise in magnetics while strengthening its position in the medical sector, a key area of development.

 

Paul Maisonnier, Chief Executive Officer of Exxelia, said: “We are thrilled to welcome SVM to the Exxelia family! SVM is a well-established leader in its niche market, recognized for its great technology and talented teams. By joining forces with SVM, we are significantly enhancing our magnetic product portfolio across a wide range of markets. Additionally, we are expanding our presence in India with a new magnetic manufacturing site, complementing our existing capacitor facility. This strategic move will not only strengthen our support for French customers in meeting their offset obligations but also enhance our ability to capitalize on the rapidly growing Indian market.”

Ramprasad MEKA, Founder and Managing Director of SVM, said: “SVM is delighted to be a part of Exxelia, a human-sized passive component group with deep expertise in magnetics for use in power electronics, medical equipment and Industrial electronics sectors. This partnership marks a significant milestone in SVM's journey, enabling us to retain our talented team, while benefiting from Exxelia’s vast global sales network. We look forward to this new chapter, which will accelerate our international growth and enhance our global reach.”

KPMG Corporate Finance acted as the exclusive financial advisor to the shareholders of SVM Private Limited for this transaction. On the legal side, VNS Legal Partners acted as the legal advisors to SVM shareholders and Pioneer Legal acted as the legal advisors to Exxelia.

 

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About SVM

SVM is a leading Indian designer and manufacturer of magnetics, busbars and electromechanical components, with a state-of-the art facility in Chennai, India. The company sells different magnetic products (inductors, transformers, bobbins for high and low frequency applications) as well as many different busbars: multi-layer laminated, flexible, resin cast or with specific coating (epoxy powder, PVC coated) and plating (nickel & gold, silver, tin). SVM serves the healthcare and industrial market and controls every step of product development internally, thanks to vast in-house tooling.

For more Information, visit svmpl.in

Published on 03 Nov 2024 by Stéphane PERES

Exxelia revolutionary MML™ ultra-high energy density Film Capacitors

MML™ is a revolutionary new technology that provides the highest capacitance per volume in film capacitors available on the market.    Why is it a game changer? Because an unparalleled energy density of 400 J/dm3 allows for a tremendous reduction in size and weight compared to traditional Polypropylene or Polyester dielectrics, together with an increased operating temperature up to 140 °C and transient voltage protection.   Besides, MML™ capacitors offer a large flexibility in design, easily allowing low profile configurations. Several studies have been conducted on actual cases of controls and DC-Links functions for aircraft applications. All have shown about 50% reduction in size and weight compared to other film technologies.  The comparative picture with MLCC is even more flattering, as it demonstrates between 70% to 90% reduction in weight, while showing no capacitance derating with voltage applied and a low drift < 5% through the temperature range. Applications using clusters of stacked MLCCs can now be replaced by a single MML™ unit of similar size, with all the increased reliability that film dielectric offers. With such outstanding properties, Exxelia new MML™ capacitors are perfectly suitable for power supplies, DC-links, AC/DC/AC power converters, charge/discharge or power generation functions of commercial/military aircraft, satellite platforms and payloads, launchers, defibrillators, downhole tools and any applications of confined electronics. Samples are readily available on request. Features & Benefits : Miniaturization of the function : Up to 50% size reduction vs other film technologies ; matching footprint with stacked MLCC Lightweight : 50% lighter vs other film technologies ; 80 to 90% lighter than ceramic No capacitance derating in voltage, stable in temperature (<5% drift through the temperature range) Capacitance from 1μF to 1000μF  Voltages from 50V to 1000V  Operating Temperature -55 °C to +140 °C Highly customizable

July 14: When our components take flight aboard iconic aircraft

The Rafale, flagship of French aviation The Rafale, a French multipurpose combat aircraft, is a symbol of air power. Exxelia is proud to be the preferred supplier of electronic components for this exceptional aircraft. Thanks to our expertise in high-performance components, the Rafale is able to deploy its maximum power during critical missions. Whether in the air or on the ground, Exxelia components guarantee the reliability and exceptional performance of the Rafale. Exxelia is onboard with Film & Tantalum capacitors, Ceramic capacitors, High voltage capacitor block, Electrolytic aluminum capacitors, Magnetic components, Slip Rings & potentiometers, Miniature filters & Resistors.     The Alpha Jet, ambassador of French excellence The Alpha Jet, an advanced training aircraft used by several air forces around the world, is another example of aircraft that carry Exxelia components. With its maneuverability and versatility, the Alpha Jet is a preferred choice for pilot training and reconnaissance missions. Exxelia contributes to the reliability of this aircraft by supplying state-of-the-art electronic components for aeronautics, thus guaranteeing its proper functioning and safety. Our miniature capacitors with a high capacitance value from the CNC series range equip the Aphajet https://exxelia.com/en/product/detail/2/cnc-series     The F-16, international cooperation When we talk about the national holiday of July 14, it is also important to highlight the international partnerships that strengthen our aeronautical industry. The F-16, a multipurpose combat aircraft developed in collaboration with the United States, is a striking example of this cooperation. Exxelia supplies essential components for the F-16, thus contributing to the success of this strategic alliance.     The Tiger Helicopter: Air Force in Action The Tiger helicopter embodies the power and versatility of combat helicopters. Whether for reconnaissance, fire support or anti-tank missions, the Tiger is a reference in terms of operational performance. Exxelia contributes to the reliability of this aircraft by supplying state-of-the-art electronic components for defense.     The A400M, a giant of the air The A400M multipurpose military transporter is another aircraft that proudly incorporates Exxelia components. Designed for tactical, strategic and logistical transport missions, the A400M is a major asset for air forces. We equip the engine control & monitoring unit (EPMU), but also the MTU Aeroengines with our PET PM 90R2 47uF 20% 200V polyester film capacitors and the ICM Interconnection module - Transient filter design with C Series C48K high voltage ceramic capacitors (C480YCW 10nF 10% 500V - C280YCW 100nF 10% 500V).                 Custom design film : optimized characteristics and integration  SPT1221W 300nF 10% 630V (SMD)  SP2983W 100uF 5% 500V               SP3012W 4,7uF 10% 500V (THT) 
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