ElringKlinger AG
Company Profile
Business Overview
-The Company develops, manufactures, and sells products and assemblies destined for the automotive industry. They include lightweight components, thermal and acoustic shielding systems, cylinder-head and specialty gaskets, battery and fuel cell systems, and complete electric drive units.
-As of December 31, 2021, the company had 45 offices in 20 countries with approximately 8,000 employees.
-The Company's business operations are comprised of four business segments:
- Original Equipment, which is divided into five business units – Metal Sealing Systems & Drivetrain Components, Lightweighting/Elastomer Technology, Shielding Technology, and Exhaust Gas Purification.
- Aftermarket
- Engineered Plastics
- Other
-Sales to automotive OEMs will account for about 80% of total sales in FY ended Dec. 31, 2021. By product, metal sealing systems and drivetrain products accounted for 35%, lightweight/elastomer products 36%, sealing systems 25%, and electrification-related products 5%.
-By region, Germany accounts for 22%, Europe (excluding Germany) 30%, North America 24%, Asia Pacific 20%, and South America and Others 4%.
Product Strategy
-ElringKlinger has mainly focused on the manufacturing of engine car parts such as cylinder head gaskets, end covers, exhaust tract sealing, and cylinder head covers. With the trend toward electrification, the company plans to focus on electric vehicle components such as bipolar plates, service covers, battery shields, and media modules in the future.
Shareholders
| -Listed on XETRA and all German stock exchanges | (As of Dec. 31, 2021) |
| Name of Shareholders | Interest (%) |
| Family W. H. Lechler And Estate Of Klaus Lechler | 52.0 |
| Institutional Investors | 26.4 |
| Private Investors | 21.5 |
| Total | 100.0 |
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
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
- Cover with integrated gasket
- Underbody shielding for battery system protection
- Laminated stacks
Sealing Technology
- Cylinder-head gaskets
- Specialty gaskets
Shielding Systems
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. |
| 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. |
Supplemental Information 1
>>>Business Report FY ended Dec. 31, 2007
>>>Business Report FY ended Dec. 31, 2008
>>>Business Report FY ended Dec. 31, 2009
>>>Business Report FY ended Dec. 31, 2010
>>>Business Report FY ended Dec. 31, 2011
>>>Business Report FY ended Dec. 31, 2012
>>>Business Report FY ended Dec. 31, 2013
>>>Business Report FY ended Dec. 31, 2014
>>>Business Report FY ended Dec. 31, 2015
>>>Business Report FY ended Dec. 31, 2016
>>>Business Report FY ended Dec. 31, 2017
>>>Business Report FY ended Dec. 31, 2018
>>>Business Report FY ended Dec. 31, 2019
>>>Business Report FY ended Dec. 31, 2020
>>>Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss