Edscha Holding GmbH
Company Profile
Business Overview
-The Company is a subsidiary of Gestamp Automocion, representing Gestamp’s Mechanisms product group. The Company manufactures automotive mechanisms including hinges, door checks, powered systems for liftgates and doors, pedal systems, parking brakes and hand brakes.
-The Company is organized into two business units: Body Components and Mechatronics.
-The Company is the global market leader in the production of door hinges and door checks. It has over a 50% market share within the European market. In addition, the Company produces more than 140 million door hinges and 70 million door checks per year.
Shareholders
-The Company is a subsidiary of Gestamp Automocion, representing Gestamp’s Mechanisms product group.
Products
Body Components
-Sheet metal hinges
-Rolled-section hinges
-Forged hinges
-Door hinges
-Notch stop hinges
-CFRP hinges
-Double spring stepless door checks
-Door checks
-Hood hinges
-Trunk hinges
-Door hinges with integrated door check systems
-Hood hinges with pedestrian protection systems
-Soft Stop hinge system
-Modular plastic door checks
-Divided liftgates
-Flap hinges with single or multiple joints
-Lid hinges with single or multiple joints
-Switch handles
-Sliding door systems
-Pedal boxes
-Parking brakes
-Foot-operated parking brakes
-Handbrakes
-Liftgate wedge assemblies
-Spare tire carriers
-Complex hood hinges for active pedestrian protection
-Edscha Double Spring premium door check
Mechatronics
-Electrically powered liftgates
-Electrically powered trunk lids
-Spindle drives
-Module drive systems
-Side door drives
-Edscha Power Door customizable door opening system
-Cross Drive trunk lid modular drive concept
-Counterbalances
-Active frunks
-Powered sliding doors
History
| 1870 | Founding of the company in Remscheid, Germany. The Company at first supplied hinges, fittings and locks for horse-drawn carriages and later for other vehicles too. |
| 1913 | Concentrates on hinges and sells its lock production business. |
| 1932 | First major series order for the automotive industry. The Company's hinges can be found in vehicles including the Adler Trumpf, the Hanomag Kurier and the Hanomgag Strurm. |
| 1963 | Building of the new plant in Hengersberg, Lower Bavaria |
| 1969 | A patent creates the basis for sliding roof business for trucks. |
| 1975 | Internationalization: setting up of first production facilities outside Germany |
| 1984 | Building of new plant in Hauzenberg, Lower Bavaria. |
| 1985 | Received an order from BMW for the production of the convertible roof for the 3 Series. This order is the foundation of the Convertible Roof Systems division. |
| 1994 | Redefinition of corporate strategy. The Company's "best in class" philosophy calls for concentration on core competences, screw and pin production. The production of driver's cab is discontinued. Closure of unprofitable locations and greater emphasis on internationalization. |
| Apr. 1997 | A management buyout takes place for the Company. All shares are purchased by Horst Kuschetzki. |
| Mar. 1999 | The Company's shares are officially traded on the Frankfurt Bourse for the first time. |
| Jul. 2000 | Purchases all the shares in the American hinge specialist Jackson Automotive Group, Inc. This acquisition, the biggest in the Company's history, makes it the market leader for door hinges and door checks in North America too. |
| Apr. 2001 | Established Edscha Roof Systems, Inc. in North America. By taking this strategic step, it will contribute its experience in the development and supply of complete roof systems to the North American market as well. |
| Jul. 2002 | Took over German vehicle developer, IVM Automotive. |
| May. 2003 | The extraordinary general meeting of Edscha AG consents to the squeeze-out and the control and profit transfer agreement with Edcar. |
| 2004 | Per the decision (through a squeeze-out) at the Annual General Meeting held on May 23, 2003, the shares of the minority shareholders (on the Commercial Register of Edscha AG) were transferred to EdCar Beteiligungs GmbH & Co. KG in January. After four years and ten months, trading in Company shares are to cease. |
| Sep. 2005 | Sold the smallest of five business divisions, Sliding Roofs for Trucks, to a Swedish manufacturer of trailer couplings for trucks. |
| Mar. 2007 | Sold its Vehicle Design division (IVM Automotive) in order to concentrate on its core business in body components and convertible roof systems. |
| Aug. 2009 | Sold its convertible Roof Systems Business unit to Webasto. |
| Oct. 2009 | Sold its Body Components Business Unit to Gestamp Automocion. |
| Nov. 2012 | Formed a joint venture called "Edscha-AAPICO Automotive Co., Ltd." with Malaysian supplier AAPICO Hitech. |
| Dec. 2012 | Announced to acquire FPS Kunststofftechnik GmbH, based in Halver, Germany, and Friedhelm Piepenstock GmbH, based in Schalksmuhle, Germany. |
| Jul. 2013 | Began operations of joint venture plant Edscha PHA Ltd., Asan, formed with Pyeong Hwa Automotive (PHA). |
| Sep. 2013 | Opened new plant in Kunshan, Jiangsu Province, China, called Edscha Automotive Components Kunshan Co. Ltd. |
| Mar. 2016 | Opened new plant in Togliatti, Russia, manufactures door hinges and other products for the Russian market. |
| Jun. 2016 | Opened new plant in Mexico. |
| 2017 | Established a new location contains headquarters and production department in Auburn Hills, Michigan, USA. |
| Jun. 2018 | Opened new plant in Chongqing, China for manufacturing door hinges, door checks, hood hinges and rear lid hinges. |
| Oct. 2018 | Opened new two plants in Cheonan, South Korea for manufacturing liftgate drives and assembly of hinge systems. |
| Jan. 2023 | Created Edscha Mechatronics Solutions GmbH in Remscheid. |
Supplemental Information 1
>>>Business Report up until FY 2011
>>>Business Report up until FY 2014
Note: A figure in brackets ( ) indicates a loss