- Business
- Greatech Technology Berhad (KLSE:0208), an investment holding company founded in 1997 and headquartered in Bayan Lepas, Penang, Malaysia, designs, develops, manufactures and integrates customized factory automation solutions; it produces single automated equipment, production line systems, material handling systems, assembly equipment, inspection and measurement systems, robotic systems, battery module and pack assembly lines, fluid dispensing systems, laser welding systems, vision inspection systems, automated screw systems, conveyor systems and test and measurement equipment for the solar, semiconductor, e-mobility or energy storage, life sciences, consumer electronics, glass substrate and electronic devices industries; the company also provides engineering services, system integration, installation and commissioning, maintenance and support, customer training, prototyping, spare parts supply, equipment relocation and after-sales support through in-house precision machining, sheet metal fabrication and assembly facilities. Greatech Technology Berhad operates manufacturing plants in Penang and Kedah, Malaysia, with additional facilities in Vietnam, Ireland and Slovakia; it maintains sales and service offices across Asia in Singapore, China, Taiwan and Thailand, and in Europe and North America including the United States, United Kingdom, Germany, the Netherlands, Poland, Switzerland, Ireland, Lithuania and India; as a subsidiary of GTECH Holdings Sdn Bhd, it employs approximately 1,500 staff and serves multinational customers with export sales comprising the majority of revenue. The company pursues strategic growth through acquisitions, including the February 2025 purchase of Manz Slovakia SRO for €1 million to bolster process automation and mechatronics capabilities in Europe following its prior 2023 acquisition of Allied Automation in Ireland; it targets RM800-900 million in new orders for 2025 driven by solar (RM400 million expected by mid-year), e-mobility repeat orders and life sciences expansion amid a RM785 million order book extending into 2026; Greatech Technology Berhad sustains profitability with FY2024 net profit at RM155 million and focuses on cost management, supply chain enhancements and merger synergies.