ElringKlinger AG

Company Profile

■URL

https://www.elringklinger.com

■Address

Max-Eyth-Strasse 2, 72581 Dettingen/Erms, Germany

Business Overview

-The Company develops and manufactures components, modules, and systems for the automotive industry. They include lightweight components, thermal and acoustic shielding systems, cylinder-head and specialty gaskets, battery and fuel cell systems, and electric drive units.

-As of December 31, 2023, the company has 45 offices worldwide with approximately 9,600 employees.

-The Company's business operations are comprised of four business segments:

Business Segment	Business Unit
Original Equipment	・Lightweighting/Elastomer Technology ・Metal Sealing Systems & Drivetrain Components ・Metal Forming & Assembly Technology ・E-mobility ・Exhaust Gas Purification
Aftermarket
Engineered Plastics
Other

<Renamed to "Metal Forming & Assembly Technology" business unit>
-On January 2023, ElringKlinger renamed its "Shielding Technology" business unit "Metal Forming & Assembly Technology. The new name reflects the broad positioning of the business unit, whose portfolio encompasses not only shielding products for combustion engines but increasingly also stamped and formed metal components as well as assemblies targeted at the e-mobility sector. The new business unit will be complemented by established product groups for shielding applications, such as ElroShield or ElroCoustic. The product portfolio will continue to be consistently targeted at new types of drive systems and will include covers and housings for batteries and drive trains. In addition, the portfolio includes shielding parts such as high-voltage connector caps, brake cover plates, and acoustic and thermal shielding parts.
(From a press release on January 3, 2023)

-Sales of the Original Equipment segment accounted for 76.4% of the Company’s total sales in FY ended Dec. 31, 2023.

-By region, sales in Germany accounted for 19.8%, Europe (excluding Germany) 31.4%, North America 26.1%, Asia Pacific 17.4%, and South America and Others 5.3%.

Product Strategy

-The Company focuses its development efforts for new products at areas of the future that are at the center of the current transformation process: fuel cells, batteries, electric drive units, and structural lightweighting.

Shareholders

-Listed on XETRA and all German stock exchanges

(As of Dec. 31, 2023)

Name of Shareholders	Interest (%)
Estate of Lechler families	52.04
Private Investors	24.84
Institutional Investors	23.12
Total	100.0

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Products

Lightweight plastic components

Cam covers for cars and commercial vehicles
Oil separation modules and systems
Cam frames
Charge air ducts and intake air manifolds
Resonators/EGR mixers
Oil pans
Oil intake modules
Oil tanks
Engine front and rear covers
Transmission modules
Cockpit cross-car beams
Front-end carriers
Engine and transmission mounts
Ladder frame
Pistons
Elrosafe underbody shielding for battery system protection

Electromobility

Battery modules and energy storage systems
Cell housings
Cell connectors
Cell contact systems
Module connectors
Battery management systems
Pressure equalizing elements
PEMFC stack modules
Metal bipolar plates
End and media modules
Sealing systems
Electric drive units
Elastomer gaskets
Metal elastomer gaskets
Planetary carrier
Disc carrier
Metallic cover with integrated gasket
Underbody shielding for battery system protection
Laminated stacks
Differential housings
Composite hybrids
ElroShield EV

Sealing Technology

Cylinder-head gaskets
Specialty gaskets

Metal forming and assembly technology

Shielding Systems

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History

1879	Paul Lechler founded a trading firm for technical products and gaskets in Stuttgart.
1885	Richard Klinger founded an engineering workshop in Vienna.
1900	Lechler OHG sold its first gaskets to the automotive industry at the turn of the century.
1914	Lechler launched the production of gaskets in Stuttgart.
1930	The first Klinger cylinder head gaskets were manufactured.
1964	Production and sales of Lechler gaskets were amalgamated in Elring Dichtungswerke KG.
1971	Elring acquired an interest in Guma S.A., Spain, in the meantime known as ElringKlinger, S.A.
1972	Elring's production and development were transferred from Stuttgart/Bad Cannstatt to Dettingen/Erms.
1972	New manufacturing plants opened in Bietigheim and Langenzenn.
1983	Klinger classes its activities in favor of the international automotive industry. Elring Gaskets (PTY) Ltd. was founded in Johannesburg/RSA as a joint venture company.
1988	Klinger Automotive Ltd., since known as ElringKlinger (GB) Ltd., was founded in Skelton/GB.
1990	Jell Elring Co. Ltd. was founded in Changwon/Korea as a joint venture company.
1993	Changchun Elring Gaskets Co. Ltd. was founded in China as a joint venture company. A division for thermal and acoustic shielding systems was founded.
May 1994	Elring GmbH merged with the Automotive Division of Richard Klinger GmbH to form ElringKlinger GmbH.
1996	ElringKunststoff-Technik GmbH was founded, previously the plastics division of the Company.
1997	A new Division was created for elastomer technology/modules.
	Inauguration of a manufacturing plant for shielding systems and gaskets in Livonia, near Detroit, USA. (ElringKlinger of North America, Inc.)
	Building and inauguration of a plant in Toluca, Mexico. (ElringKlinger Mexico S.A. de C.V.)
	ElringKlinger Motortechnik GmbH, Idstein was founded.
	ElringKlinger S.p.A. was founded in Mazzo di Rho, near Milan, Italy.
	Building and inauguration of a plant in Redcar, ElringKlinger (GB) Ltd, Great Britain.
	ElringKlinger do Brasil Ltda. was established in Piracicaba in the State of Sao Paulo, Brasil.
1999	Series production of the first cylinder head cover modules.
2000	Start of the ElringKlinger AG on the 30. of October: Merging of the previous Elring Klinger GmbH into the mother company ZWL Grundbesitz- und Beteiligungs-AG and renaming to ElringKlinger AG. Takeover of the Canadian gasket manufacturer Versatech Sealing Systems, Inc. of Leamington/Ontario now ElringKlinger Sealing Systems Inc.
2001	New Name: Elring Kunststoff-Technik GmbH has been re-named to ElringKlinger Kunststofftechnik GmbH In November ElringKlinger Kunststofftechnik GmbH, Bietigheim and Venus GmbH, Heidenheim announced their merger back dated to the 1. January As a subsidiary of ElringKlinger AG, based in Dettingen, both companies will continue to operate at their previous location under the joint name of ElringKlinger Kunststofftechnik GmbH.
	Elring Kunststoff-Technik GmbH, a plastic parts subsidiary of the Group, has been re-named to ElringKlinger Kunststofftechnik GmbH.
	Start of the cylinder head gasket production in North America.
2002	ElringKlinger AG was listed as a registered share on the Stuttgart and Frankfurt stock exchanges on 21 January.
2003	ElringKlinger AG was listed on the SDAX on November 13.
2004	ElringKlinger, in conjunction with its longstanding affiliate, Marusan Corporation, operates a joint development and sales company, ElringKlinger Marusan Corporation, Tokyo, to service the Japanese market.
2005	ElringKlinger do Brasil Ltda commissioned a newly built factory.
2006	Renaming of Jeil Elring Co., Ltd. to ElringKlinger Korea Co., Ltd.
2007	February, 26: Founding of the Indian subsidiary ElringKlinger Automotive Components India Pvt. Ltd., Ranjangaon (near Pune)
Apr. 2008	Acquired a Swiss manufacturer of thermal and acoustic shielding systems SEVEX AG, based in Sevelen.
May 2008	Increased its stake in Japanese gasket manufacturer Marusan Corporation, Tokyo, from 10 % to 50 %.
2011	Acquired the OEM cylinder head and exhaust gasket business from Freudenberg Group.
	Completed the acquisition of a 66.7 % interest in the Hug Group, a Swiss exhaust treatment system manufacturer.
	Concluded a purchase agreement for the purpose of acquiring a 90 % interest in Hummel-Formen GmbH, Lenningen, Germany, a manufacturer of injection molding tools used in plastics processing.
Jan. 2012	Acquired the metal housing manufacturer ThaWa GmbH.
Jul. 2012	Inaugurated a newly built factory for plastic housing modules in Dettingen/Erms.
Dec. 2012	Japanese joint venture, ElringKlinger Marusan, established a subsidiary and production facilities in Indonesia.
Jan. 2013	Acquired 100 % (former shares 51 %) of South African subsidiary. The name changed to ElringKlinger South Africa (Pty) Ltd.
Feb. 2013	Acquired 100 % share of JV in Korea, ElringKlinger Korea Co., Ltd.
Aug. 2013	Acquired 93.67 % share of Hug Engineering.
Dec. 2013	Fully consolidated ElringKlinger Marusan Corporation.
Feb. 2015	Acquired M&W Manufacturing Co., a U.S. automotive supplier of spacer plates for automatic transmissions.
Oct. 2016	Acquired 27% in the engineering company hofer AG, a system developer which focuses on the automotive drivetrain.
Nov. 2017	Announced that the Company has reached an agreement with Sichuan Chengfei Integration Technology Co., Ltd. (CITC), China, for the battery technology
2018	Established ElringKlinger Manufacturing Indiana, Inc. in Fort Wayne, Indiana, USA, and ElringKlinger Fuelcell Systems Austria GmbH in Wels, Austria.
	Sold Hug Engineering AG, Elsau, Switzerland.
2019	Opened the Application Engineering Center in Suzhou, China.
	Established the Technology Center for electromobility at the Group's headquarters in Dettingen/Erms, the focus being on battery and fuel cell applications.
Oct. 2020	The Company and Plastic Omnium announced a joint venture EKPO Fuel Cell Technologies dedicated to fuel cell stack development, production and commercialization.
Nov. 2020	The Company and VDL Bus & Coach BV announced a strategic partnership within the area of fuel cell technology.
Dec. 2020	The Company has created a new "Metal Sealing Systems & Drivetrain Components" business unit.
2021	Established new plant in Neuffen, Germany, which will house important future technologies. The activities of the Battery Technology division are bundled there.