Interplex Forges New Company Dedicated to Mobility Electrification

05 October 2023

Advanced interconnect solution manufacturer Interplex, in association with its holding company Blackstone Private Equity, has just launched ENNOVI, with industry veteran Stefan Rustler being named as CEO.

This new company will focus on serving the rapidly growing automotive electrification sector - developing and producing the next generation interconnects needed for electric vehicle (EV) battery, powertrain and signal systems. Headquartered in Singapore, it will have a 7000 person strong workforce of highly-experienced professionals. The announcement signifies a strategic restructuring of the Interplex core business, so that it is better optimised to address its key target markets (such as data communications, industrial, medical, etc.). 

As Stefan Rustler, ENNOVI's newly-appointed CEO comments; “This new chapter gives our mobility business a renewed focus on the automotive industry, allocating the best industry talents to ensure we deliver to the increasing demands of EV manufacturers. In launching ENNOVI, we are at the forefront of the latest technological advancements shaping the industry.”
Ed Huang, COO of Private Equity Asia, Blackstone, adds; “ENNOVI is well-positioned to deliver innovative and customised solutions as a long-term strategic partner for its customers. ENNOVI will benefit from Interplex’s 60-year track record and global expertise in customised connector solutions.” 

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