Delta Manufacturing Ltd (DML), a leader in soft ferrite core manufacturing, and PREMO S.L., a top Spanish innovator in electronic components, have entered into a joint venture to elevate the design and production of advanced soft ferrite components for global markets.
By blending PREMO’s global leadership in inductive and RFID technologies with DML’s high-end manufacturing infrastructure, the partnership aims to deliver superior magnetic solutions for key sectors like automotive, telecommunications, smart grids, and IoT.
Joint Venture Highlights:
- Innovation Focus: Joint R&D to develop cutting-edge soft ferrite components.
- Manufacturing Excellence: Enhanced quality and scalability through modern production methods.
- Market Growth: Strategic global reach to better serve OEMs and new industry demands.
“This collaboration marks a milestone in technological advancement and efficiency,” said Mr. Andres Garcia, CEO of PREMO. “Together with DML, we aim to broaden our product offerings and boost competitiveness in high-growth sectors.”
Mr. Abhilash Sunny, CEO of DML, added, “This partnership is a leap forward in delivering world-class ferrite solutions while expanding our international footprint.”
The new venture is set to kick off in Q1 2025 with a cutting-edge facility designed to support innovation and global supply.