The story
Elma was established in 1960 in Moenchaltorf as a sole proprietorship. In 1965 it expanded operations into Germany with the foundation of Elma Electronic AG in Munich. In 1970 the company relocated from Moenchaltorf to Wetzikon. In 1974, Elma became a wholly owned Subsidiary of Sulzer. Sulzer divested Elma in 1996 and in the same year Elma held its first Initial public offering.
Elma's locations include Wetzikon, Fremont, California, Lawrenceville, Georgia, Warminster, Pennsylvania, Pforzheim, Tel Aviv, Villemoirieu, Bedford, Bucharest, Singapore, Shanghai and Bengaluru. In 1985 and 1990, Elma founded American subsidiaries: Elma Electronic Inc. and Elma Bustronic (both based in Fremont, California). Subsidiaries in France, Israel, Romania and England were established in 2000, a subsidiary in China in 2004. In the same 2004, Elma acquired Optima EPS (Lawrenceville, Georgia) and Mektron Systems (England). In 2009, Elma acquired ACT/Technico (Warminster, Pennsylvania).
From Wikipedia’s article on Elma Electronic, shared under CC BY-SA 4.0.5
