ESTRA Automotive Systems Co., Ltd. (Formerly erae Automotive Systems Co., Ltd.)

Company Profile

■URL

https://www.estra-automotive.com

■Address

664 Nongong-ro, Nongong-eup, Dalseong-gun, Daegu, South Korea

Business Overview

-A Korean supplier that designs and manufactures thermal management components and systems such as condensers, oil coolers and radiators for automotive applications.

-The Company was established in December 1984 as a 50-50 joint venture between GM of the USA and Daewoo group of Korea.

-In October 2017, as a result of a new operating structure, the company split its business operations. The climate-control business remained at erae Automotive Systems Co., Ltd., while the electrical equipment and chassis businesses were spun off into a new company, erae AMS Co., Ltd.

-In 2019, the company name was changed from erae Automotive Systems to ESTRA following the acquisition of the company by Shanghai Aerospace Automobile Electromechanical Co., Ltd. (SAAE) in 2018 and consolidation of SDAAC Automotive Air-Conditioning Systems Co., Ltd. and ERAE Automotive.

Shareholders

(as of Dec. 31, 2021)
Major Shareholders Investment Ratio (%)
Shanghai HT Holding HongKong Limited 70.0
Erae CS Co., Ltd. 30.0
Total 100.00

Products

Compressors
-Variable Swashplate Compressor
-Electric Compressor (ESR)
-Fixed Swashplate Compressor

HVAC Modules
-Compact Efficient HVAC Module
-Premium HVAC Module

HVAC Controllers
-Climate control units
-Climate control systems

Heat Exchangers
-Powertrain Cooling Module
-Condenser
-Radiator
-Charge Air Cooler
-Motor, Fan & Shroud
-Liquid Cooled Chiller
-Liquid Cooled Condenser
-Battery Cooling Plate
-Inner Heat Exchanger
-Evaporator
-Heater Core

History

Oct. 1984 The Company was established as a 50-50 joint venture between GM of the USA and Daewoo group of Korea.
Dec. 1994 The Company acquired ISO9001 certification.
Dec. 1995 The Company set up a new plant in Jincheon.
Nov. 1996 The Company set up a new plant in Gunsan.
Nov. 1997 The Company acquired QS9000 certification.
May. 1998 The Company established a technical center.
Aug. 1998 The Company acquired Yeoju plant of Daewoo Electronics and launched automotive electronic controlsystem business.
Jan. 2000 The Company adopted a new company name, Korea Delphi Automotive Systems Corporation.
Apr. 2003 The Company established KDAC (Thailand) Co., Ltd. in Thailand.
Aug. 2004 The Company relocated head office to Daegu.
Sep. 2005 The Company set up a new plant in Bupyeong plant.
Sep. 2007 The Company established Changshu KDAC Co., Ltd. in China.
Dec. 2014 The Company established eKdac in Korea.
Nov. 2015 The Company name change from Korea Delphi Automotive Systems Corporation to erae Automotive Systems Co., Ltd.
Aug. 2016 The Company established erae Automotive Systems Mexico, De. R. L. Dec. V in Mexico.
Oct. 2017 On October 2017, the electrical equipment business and chassis business were spun off and became the businesses of a new company erae AMS Co., Ltd.
Oct. 2017 The Company name change from erae Automotive Systems Co., Ltd. to ESTRA Automotive Systems Co., Ltd.
Oct. 2017 erae AMS, which was sold to Changshu erae Co.,Ltd. located in Jiangsu Province, manufactures brakes, steering columns, steering shafts, alternators and other products.
2019 ERAE (Thailand) Co., Ltd. was renamed ESTRA (Thailand) Co., Ltd.
2019 ERAE Automotive India Private Limited was renamed ESTRA Automotive India Private Limited
2019 ERAE Automotive Rus LLC was renamed ESTRA Automotive Rus LLC
2019 ERAE Automotive Systems Mexico, De. R. L. Dec. V was renamed ESTRA Automotive Systems Mexico, De. R. V
2019 ERAE Poland Limited Liability Company was renamed ESTRA Poland Limited Liability Company
2019 ERAE Automotive Systems Brasil Ltda. was renamed ESTRA Automotive Systems Brasil Ltda.
2019 Changshu ERAE Thermal Co., Ltd. was renamed Changshu ESTRA Thermal Co., Ltd.

Supplemental Information 1