MAHLE GmbH

Company Profile

■URL

https://www.mahle.com/

■Address

Pragstrasse 26-46, 70376 Stuttgart, Germany

Business Overview

-The Company is a leading supplier for future mobility, focusing on systems and components across all types of powertrains, filtration and thermal management systems, and electric and electronic components and systems.

-With the automotive industry in the midst of transformation based on multiple advanced technology trends including electrification, the Company has issued “MAHLE 2030+”, a new group strategy. The MAHLE 2030+ strategy focuses on three strategic core areas for the Company to expand its position in:

  1. In the first core area of electrification, the Company will focus on developing and manufacturing electric drive system and components, fuel cell components and electric vehicle battery components. It will also develop electric charging solutions and technologies to enable e-mobility across a variety of vehicles, including e-bikes and e-scooters to heavy-duty commercial vehicles.
  2. The Company’s second core strategic area is thermal management. The Company will utilize its expertise to develop systems to improve efficiency and performance for systems including the vehicle powertrain, electric vehicle batteries, and electric drives. The Company’s focus on thermal management will also be used to efficiently improve comfort within the vehicle cabin.
  3. The Company’s third strategic area of focus is for internal combustion engines. The Company will continue to develop and provide new components and technologies to enhance the efficiency of combustion engines, including those that can run on e-fuels or other sustainable fuels. It will look to optimize its cost structures and continue its existing relationships with customers in the field.


-As of December 31, 2022, the Company is organized into five business units, four profit centers, and central service businesses as follows:

  • Engine Systems and Components
  • Filtration and Engine Peripherals
  • Thermal Management
  • Electronics and Mechatronics
  • Aftermarket
  • Profit centers and central service businesses
    • Motorsports and Special Applications
    • Large and Small Engine Components
    • Industrial Thermal Management
    • Control Units
    • Central service businesses (Purchasing, Sales, Advanced Engineering, Human Resources, IT, Accounting and Finance)

 

Net sales by division

-Since its establishment in 2013, the Company's Thermal Management business unit has grown at a significantly faster pace compared to the other business units within the Company, while also emerging as the largest business unit for the Company. The rapid growth of the business unit stems from acquisitions of various businesses including for example, the majority share of Behr in 2013 and the Delphi Thermal business unit in 2015. In recent years however, the growth of the Thermal Management business unit has been surpassed by the Electronics and Mechatronics business unit due to the market trend towards electric mobility. During the fiscal year ended December 31, 2022, the Thermal Management business unit had a sales increase of 15.9% over the previous year, while the Electronics and Mechatronic increased sales by 13.4% over the previous year. However, when accounting for consolidation and currency translation effects, sales in the Thermal Management business unit increased by 9.1% compared to the sales of the Electronics and Mechatronics business unit increasing by 10.6%. The consolidation effects from the acquisition of the air conditioning business from the former Keihin Corporation contributed to the Thermal Management business unit’s overall growth.

*Figures other than the four main business units have been omitted from the chart.

Shareholders

-The Company is privately owned. Mahle Foundation, a nonprofit organization which serves charitable causes, holds 99.9% of the Company. The Company’s voting rights are held by Verein zur Foerderung und Beratung der Mahle Gruppe e.V. (MABEG), which exercises the shareholder rights and holds 0.1% of the Company’s shares.

Products

Passenger cars
Piston systems and components

  • Gasoline pistons
  • Forged pistons
  • Power Cell Unit
  • Diesel pistons

Cylinder components

  • Bearings
  • Connecting rods
  • Cylinder liners
  • Piston pins
  • Piston rings

Valve train systems and components

  • Valves, valve seat inserts, and valve guides
  • Camshafts
  • Assembled camshafts
  • Cast camshafts

Air conditioning systems and components

  • HVAC modules
  • Evaporators
  • Heater cores
  • Compressors
  • PTC auxiliary heaters
  • High-voltage PTC heaters
  • Blowers
  • Cabin filters
  • Condensers
  • Climate controls
  • Fragrancing systems

Engine cooling components, modules, and systems

  • Battery cooling
  • Charge air cooling
  • Coolant pump
  • Cooling modules
  • EGR coolers
  • Low temperature radiators
  • Oil heating and cooling systems
  • Radiators
  • Thermostats and control valves
  • Electric coolant pumps

Systems for air management

  • Air intake modules
  • Air filters
  • Electrical heaters for blow-by systems
  • Electric wastegate actuator (EWG)
  • Actuator for Turbocharger with variable turbine geometry (VTG)
  • Resonators/Sound generators
  • Oil mist separator
  • Engine and cylinder head covers
  • Air ducts
  • Exhaust gas recirculation (EGR)

Systems for oil management

  • Oil management modules
  • Oil management module for alternative drives
  • Oil heating and cooling systems
  • Oil pumps

Systems for fuel management

  • Fuel filters
  • Water separation systems
  • Water level sensors
  • Electrical heaters for fuel systems
  • Water filters for water injection
  • Activated carbon canisters
  • Ion exchangers for fuel cells

Electronics

  • High Voltage Traction Inverter
  • Low Voltage Traction Inverter
  • On-Board Charger
  • EMC Battery Filter
  • DC-DC Converter
  • Fuel Cell Monitor
  • Motor Controller
  • PTC Heater Controller
  • Glow control units for diesel engines
  • Exhaust aftertreatment for diesel engines

Electric Drive Systems

  • Low Voltage Drive Systems
  • 48V Mild Hybrid Drive Systems
  • Integrated Low Voltage Drive Systems
  • High Voltage Electric Motors

Motors for electromechanical power steering (EPS)
Motors for brake systems

  • Motors for antilock braking systems (ABS) / motors for electronic stability control (ESC)
  • Motors for electric brake boosters (EBB)

Electric coolant pumps
Electric actuators

  • Electric wastegate actuator (EWG)
  • Actuator for Turbocharger with variable turbine geometry (VTG)
  • Actuator for parklock systems

Electric heaters and sensors

  • Electrical heaters for fuel systems
  • Electrical heaters for blow-by systems
  • Water level sensors

 

Commercial vehicles
Piston systems

  • Aluminum pistons
  • Steel pistons
  • Power Cell Unit (PCU)

Cylinder components

  • Bearings
  • Connecting rods
  • Cylinder liners
  • Piston pins
  • Piston rings

Valve train systems and components

  • Valves, valve seat inserts, and valve guides
  • Cam followers
  • Camshafts

Air conditioning systems and components

  • HVAC modules
  • Evaporators
  • Heater cores
  • Compressors
  • PTC auxiliary heaters
  • High-voltage PTC heaters
  • Blowers
  • Cabin filters
  • Condensers
  • Climate controls
  • Fragrancing systems

Engine cooling components, modules, and systems

  • Charge air cooler
  • Cooling modules
  • Low temperature radiators
  • Oil heating and cooling systems
  • Radiators
  • Thermostats and control valves
  • Visco fans and Visco fan drives
  • Exhaust gas recirculation (EGR)
  • Electric coolant pumps
  • Battery cooling plates

Systems for air management

  • Oil mist separator
  • Air intake systems
  • Air filter modules
  • Electrical heaters for blow-by systems
  • Cylinder head covers
  • Oil pans made of plastic
  • Exhaust gas recirculation (EGR)

Systems for fuel management

  • Fuel filters
  • Water separation systems
  • Electrical heaters for fuel systems
  • Water level sensors
  • CleanLine prefilter family
  • Ion exchanger for fuel cells

Systems for oil management

  • Oil management modules
  • Oil management module for alternative drives
  • Oil heating and cooling systems
  • Oil pumps
  • 24V coolant pumps

Systems for fuel cells

  • Humidifiers
  • Modular air filters
  • High-voltage DC-DC converters
  • Water-to-water coolers
  • Cooling modules
  • High-performance coolant pumps
  • Hydrogen power cell units
  • High-pressure impactor for hydrogen power cell units

Electronics

  • High Voltage Traction Inverter
  • EMC Battery Filter
  • On-Board Charger
  • Fuel Cell Monitor
  • DC-DC Converter
  • PTC Heater Controller
  • Motor Controller
  • Exhaust aftertreatment for diesel engines
  • Glow control units for diesel engines
  • Electronics cooling plates

Starter & generator

  • Starters
  • Alternators

Electric Drive Systems

  • 48V Mild Hybrid Drive Systems
  • Integrated Low Voltage Drive Systems
  • High Voltage Electric Motors

Motors for electromechanical power steering (EPS)
Electric coolant pumps
Electric heaters and sensors

  • Electrical heaters for fuel systems
  • Electrical heaters for blow-by systems
  • Water level sensors

 

Other E-Mobility
chargeBIG intelligent charging station solution
Electronic control units
eBike drive systems

  • X20 drive systems
  • X35 drive systems
  • Range extenders
  • Active chargers
  • eShifters
  • PulsarONE displays

Thermal management

  • e-compressors
  • Electric PTC heating elements
  • Electric heaters
  • Active battery conditioning systems
  • Heat pumps

History

1920 Founded in Germany.
1921 Started first series production of light-alloy pistons in Europe.
1929 Started series production of air, oil and fuel filters.
1938 Introduced MAHLE logo.
1959 Founded today’s MAHLE Pistons France SARL.
1964 Established MAHLE-STIFTUNG GmbH (MAHLE Foundation) and MABEG.
1968 Acquired Süddeutsche Kolbenbolzenfabrik; today: MAHLE Motorkomponenten GmbH.
1969 Acquired holding in König KG, Austria; today: MAHLE König Kommanditgesellschaft GmbH & Co. KG.
1971 Grouped companies together to form MAHLE GmbH.
1972 Acquired shares in Knecht Filterwerke GmbH.
1973 Acquired shares in FISA Fundiciones Industriales S.A., Spain; today: MAHLE S.A.
1978 Founded today’s MAHLE Engine Components USA, Inc.
1979 Acquired CIMA , Brazil; today: MAHLE Indústria e Comércio Ltda.
1981 Founded Metalúrgica Mogi Guaçu Ltda. in Brazil (now MAHLE Metal Leve S.A.).
1983 Pleuco GmbH (today: MAHLE Ventiltrieb GmbH) acquired Sinterwerke Grenchen AG, Switzerland; today: MAHLE Motorkomponenten Schweiz AG.
1986 Acquired Técafiltres S.A. and Soparis S.A., France; today: MAHLE Filtersysteme France SAS.
1987 Acquired Mondial Piston S.p.A., Italy; today: MAHLE Componenti Motori Italia S.p.A.
1991 Merged the iron and steel activities of MAHLE GmbH with J.Wizemann GmbH & Co. to form the MAHLE Wizemann Group.
1993 Acquired remaining shares in Knecht Filterwerke GmbH; today: MAHLE Filtersysteme GmbH.
1994 Founded today’s MAHLE Componentes de Motor de México, S. de R.L. de C.V.
Merged MAHLE Wizemann Group with Pleuco GmbH; today: MAHLE Ventiltrieb GmbH.
1996 Acquired a majority stake in Metal Leve S.A., Brazil; today: MAHLE Metal Leve S.A.
Set up joint venture MWP Migma Ltd., India; today: MAHLE Engine Components India Private Limited.
1997 Took over the piston ring activities of Cofap S.A. with locations in Brazil (today: MAHLE Metal Leve S.A.) and Portugal (today: MAHLE Componentes de Motores S.A.).
Set up joint venture Kirloskar Knecht Filters Private Ltd.India; today: MAHLE Filter Systems (India) Limited.
Set up joint venture Knecht Duroplast Sistemas de Filtración S.A. de C.V., Mexico; today: MAHLE Sistemas de Filtración de México, S.A. de C.V.
1998 Founded MAHLE Spolka z o.o. in Poland (now MAHLE Polska Spolka z o.o.).
1999 Changed names of companies with majority holding by “MAHLE” in company name.
Established MAHLE Filtersysteme GmbH (previously: Knecht Filterwerke GmbH) and MAHLE Ventiltrieb GmbH (previously: MAHLE J.Wizemann-Pleuco GmbH).
Set up joint venture MAHLE Izumi (Liaoning) Piston Co., Ltd., China; today: MAHLE Engine Components (Yingkou) Co., Ltd.
Founded today’s MAHLE Engine Components (Nanjing) Co., Ltd.
Acquired a majority stake in WSM Krotoszyn S.A., Poland; today: MAHLE Polska Spolka z o.o.
Set up joint venture Donghyun MAHLE Filter Systems Co., Ltd., South Korea; today: MAHLE Donghyun Filter Systems Co., Ltd.
2001 Acquired shares in Brockhaus Soehne GmbH, Germany; today: MAHLE Motorkomponenten GmbH.
Acquired the Tennex Group; today: MAHLE Filter Systems Japan Corporation.
2003 Established ZNF Maschinenfabrik Spandau as a majority joint venture with BMW for camshaft production; today: MAHLE Ventiltrieb Brandenburg GmbH.
2004 Acquired Schmiedewerk Roßwein GmbH in Saxony; today: MAHLE Motorkomponenten GmbH.
Acquired the filter division of Shanghai Filter Factory; today: MAHLE Shanghai Filter Systems Co., Ltd.
2005 Acquired Cosworth Technology Ltd.; today: MAHLE Powertrain Ltd.
Established the filter plant MAHLE Componente de Motor SLR in Timisoara, Romania.
Acquired shares in Anand Automotive Systems Group Purolator India Ltd.; today: MAHLE Filter Systems (India) Limited.
Took over Brockhaus Soehne GmbH, Germany; today: MAHLE Motorkomponenten GmbH.
2006 Acquired the activated carbon canister activities of Behr in the U.S.
Acquired Norddeutsche Filter Vertriebs GmbH and AKO Filter GmbH; today: MAHLE Industriefiltration GmbH.
Opened new research and development center in Shanghai.
2007 Set up majority joint venture MAHLE Tri-Ring Valve Train (Hubei) Co., Ltd. in Macheng, China.
Acquired Edival S.A. in Argentine; today: MAHLE Argentina S.A.
Acquired the engine parts business of the Dana Corporation, U.S.; today: MAHLE Engine Components USA, Inc.
Purchased Promotora de Industrias Mecánicas, S.A. de C.V. (Promec) in Mexico; today: MAHLE Componentes de Motor de México, S. de R.L. de C.V.
Acquired the intake modules and air filtration business segment of Siemens VDO Automotive; today: MAHLE Filter Systems Canada, ULC.
Set up joint venture MAHLE IPL Limited.
2008 Opened a research and development center in Jundiaí near São Paulo, Brazil.
Acquired a majority stake in Turkish engine components manufacturer Mopisan; today: MAHLE Izmir and MAHLE Konya A.S.
Set up Bosch Mahle Turbo Systems GmbH & Co. KG as a 50-50 joint venture for the development and production of exhaust gas turbochargers.
Set up majority joint venture MAHLE Hirschvogel Forjas S.A. in Brazil.
Acquired Clemex de México, S.A. de C.V.; today: MAHLE Componentes de Motor de México, S. de R.L. de C.V.
2009 Acquired automotive activities of KTM-Kühler GmbH in Mattighofen, Austria; today: MAHLE Filtersysteme Austria GmbH.
2011 Acquired remaining shares in the Turkish engine components manufacturer MAHLE Mopisan; today: MAHLE Izmir A.S. and MAHLE Konya A.S.
Set up a new filter plant in Chennai, India; today: MAHLE Filter Systems (India) Limited.
2012 Acquired InnoWa Membrane GmbH; today: MAHLE InnoWa GmbH.
Opened a new headquarters in Tokyo, Japan.
Established a new filter plant in Kyushu, Japan; today: MAHLE Filter Systems Kyushu Corporation.
Acquired a 30% stake in the Japanese company Kokusan Denki Co., Ltd.
2013 Opened the North America headquarters in Farmington Hills, near Detroit, U.S.
Founded a new filter plant in Wuhan, China
Increased its shareholdings ratio in the Behr Group to 51%; MAHLE Behr formed the new Thermal Management business unit.
Completely acquired the piston joint venture MAHLE India Pistons Limited (MAHLE IPL) in Chennai, India.
2014 Bosch Mahle Turbo Systems founded a subsidiary in China.
Established a new plant for the Filtration and Engine Peripherals business unit in Wuhan, China.
Opened a new plant in Shengyang, China, for Shanghai Behr Thermal Systems, a joint venture between MAHLE Behr and Shanghai Sanden Behr Automotive Air Conditioning.
Acquired a majority stake in Letrika.
Set up a new plant for the Thermal Management business unit in Chengdu, China.
Opened a filter plant in Cikarang, Indonesia.
May 2015 Acquired Amovis GmbH, a company specializing in intelligent exhaust gas heat recovery systems.
Jun. 2015 Acquired Kokusan Denki Co., Ltd. by completing a tender offer bid, thus concluding its public takeover bid of the mechatronics company.
Jul. 2015 Acquired thermal business of Delphi Automotive PLC for approximately USD 727 million
Dec. 2016 Signed agreement for the acquisition of Nagares SA, a Spanish company which specializes in developing and manufacturing electronics for the automotive industry.
Feb. 2017 Acquired O-Flexx Technologies GmbH, a company specializing in the development of thermoelectric elements to heat the cabin of electric vehicles.
May 2017 Completed takeover of Nagares S.A., a manufacturer of control units, power electronics for electric auxiliary components and thermal management systems, and power converters for electric mobility solutions.
Jun. 2018 Completed divestiture of 33.33% equity investment in HBPO joint venture to Plastic Omnium.
Aug. 2018 Announced plans to acquire Behr Hella Service, a joint venture with Hella, to expand distribution of thermal management products in the aftermarket.
Acquired all shares in former joint venture Behr Thermot-tronik Italia from former shareholders Mahle Behr Kornwestheim and Valtri. Behr Thermot-tronik Italia develops and produces thermostat products across all vehicle segments.
Jan. 2019 Acquired ZG-Zahnraeder und Getriebe GmbH, a service provider in powertrain engineering with expertise in gearing technology.
Jan. 2020 The Mechatronics Division is restructured into the Electronics & Mechatronics Business Unit
Oct. 2020 Announced plan to acquire air conditioning business of Keihin Corporation in Japan, Thailand and the U.S.
Feb. 2021 Completed acquisition of Keihin Corporation's air conditioning business.

Supplemental Information 1