Grammer AG
Company Profile
Business Overview
-The Company is organized into two divisions: Automotive Division and Commercial Vehicles Division.
-The Automotive Division develops and manufactures interior systems, thermoplastic components, head rests, center consoles, and arm rests, serving OEMs and Tier 1 Suppliers. The Commercial Vehicles Division provides seating systems for off-road vehicles, including commercial vehicles such as trucks, buses, and trains.
-The Company operates its business in three regions: AMERICAS, APAC and EMEA.
Shareholders
-As of Dec. 31, 2022, Jiye Auto Parts GmbH, an associated company of Ningbo Jifeng has 86.2% of the Company's stock.
Products
Automotive Division
-Headrests
-Armrests
-Center consoles
-ISELED
-Interior components
-eAirvents
-Functional components
Seating Systems Division
-Driver and passenger seats for trucks and buses
History
| 1880 | Established as Willbald Grammer. |
| 1954 | Started the production of seats. |
| 1964 | Started the production of seats for tractors and forklifts, and pipes. |
| 1967 | Established a subsidiary in the UK. |
| 1971 | Built a new plant in Kuemmersbruck, Germany. |
| 1972 | Invested in Regi-Flex, Brazil. |
| 1976 | Established Grammer Mexico. |
| 1977 | Established Grammer Inc., USA. |
| 1977 | Established Grammer Argentina. |
| 1978 | Built a new plant in Amberg, Germany. |
| 1982 | Acquired Sable, France. |
| 1984 | Formed a joint venture, Integram, with Magna International of Canada. |
| 1985 | Established Pilot-Grammer, Turkey. |
| 1985 | Started the production of interior parts. |
| 1987 | Established Roloforms Polymer Ltd. and Harita-Grammer Ltd., India. |
| 1988 | Began to supply its products for Ford Fiesta. |
| 1989 | Changed its name to Grammer AG. |
| 1989 | Reorganize Rigi-Flex, Brazil to Grammer Brasil. |
| 1993 | Disposed of Sable, France. |
| 1996 | Acquired Lazzerni Group to expand its product range of passenger seats. |
| Jan. 1998 | Opened a subsidiary, Grammer Automotive Mexico S.A. de C.V. in Mexico. |
| Feb. 1998 | Along with Tiger, founded a joint venture, Grammer Seating (Xiamen) Ltd. in China. |
| July 1998 | Acquired the Automotive Components Division of Probel S.A. in Brazil. |
| Sep. 1998 | Acquired the Rail Passenger Seat Section of Magna Paulisch GmbH. |
| Sep. 1998 | Acquired the Upholstery Section of Eugen O. Butz GmbH. |
| Sep. 1998 | Founded a joint venture GRAMAG Truck Interior Systems in Michigan with Magna Interior Systems. (invested 50 %) |
| Aug. 2000 | Sold its remaining 35% interests in Grammer Burostuhle GmbH. |
| Dec. 2000 | Grammer Formteile GmbH merged with Grammer AG to streamline administration. |
| 2001 | The activities of Grammer Italia s.r.l., Torino, were transferred to Costruzioni Meccaniche Leggere di R. Lazzerini C. s.r.l. in Monsano, which since November has been operating under the name Grammer s.r.l. In the Czech Republic the shares of GrammTex s.r.o., Tachov, were transferred from GrammTex Grammer Textil GmbH to Grammer AG, both based in Amberg. |
| 2002 | Merged Grammer Passagiersitze GmbH with Grammer AG in the interest of greater efficiency in the administration of the Company. Streamlined the structures of the Group's Czech automotive locations, both GrammTex s.r.o in Tachov and Grammer s.r.o. in Horazdovice being consolidated under one legal entity into Gramco s.r.o., Most, which itself has been re-named Grammer CZ s.r.o. in 2002. Sold 31 percent share in Harita Grammer Ltd. in India in the course of 2002. |
| Feb. 2004 | Established an automotive competence center in its plant at Amberg-Immenstaten. |
| May 2006 | Inaugurated two new plants in Tianjin and Changchun in China. |
| 2008 | Entry into Russian truck market. |
| 2009 | Completion of R&D and manufacturing site in Shanghai, China. |
| 2011 | Acquired of Belgium-based EiA Electronics N.V., which specializes in development and distribution of electronic components for commercial vehicles. |
| Dec. 2012 | Signed a purchase agreement for the takeover of Nectec Automotive s.r.o., under which Grammer will acquire 100% of share capital in Nectec s.r.o. from Fehrer Group. |
| Dec. 2012 | Established a joint venture "Grammer Seating (Jiangsu) Co. Ltd." with Jiangsu Yuhua Automobile Parts Co. Ltd., a Chinese supplier of components for commercial vehicles and passenger cars. |
| 2013 | Acquisition of Czech Republic-based Nectec Automotive s.r.o. has been completed. |
| Apr. 2014 | Sold its holdings in the Ningbo nectec Jifeng Automotive Parts Co., Ltd. (Ningbo nectec) to the joint venture partner Ningbo Jifeng Auto Parts Co., Ltd. Ningbo nectec has been manufacturing headrests in China. |
| Dec. 2014 | Signed a contract to fully take over the joint venture in China called Grammer Seating (Jiangsu) Co., Ltd. Under the contract, the Company will acquire the 40% shares from Jiangsu Yuhua Automobile Parts Co. Ltd., its Chinese joint-venture partner. |
| Jan. 2015 | Started production at new plant in the United States |
| Mar. 2016 | Signed an agreement with Shaanxi Automobile Group Co. Ltd., for the establishment of a joint venture for truck seats. |
| Apr. 2016 | The Company is building its new Group headquarters and research and development center in Ursensollen in the Amberg-Sulzbach district. |
| Feb. 2017 | Ningbo Jifeng Auto Parts Co. Ltd. acquires a 9.2% stake in Grammer AG for EUR 60 million. |
| Aug. 2017 | JAP Capital Holding GmbH acquired more than 20% of Grammer AG’s share capital. |
| Oct. 2017 | Ningbo Jifeng Auto Parts Co., Ltd's primary stakeholder, Wing Sing International Co., Ltd., acquired shares in Grammer through JAP Capital Holding to raise its shareholding ratio to 25.51% from 20.01%. |
| Oct. 2018 | Completed the acquisition of the US automotive components supplier TMD Toledo Molding & Die Inc. |
| Dec. 2018 | Found the new corporate headquarters and technology center in Ursensollen in the Amberg-Sulzbach district, Germany. |
| Dec. 2018 | Signed the contract with an Indian engineering service provider - AllyGrow Technologies, for the establishment of a joint tech center in Pune situated in western part of India. |
| Jan. 2019 | Informed that Allygrow Technologies and the Company have recently joined forces in the form of setting up a joint venture in India to develop world-class products and solutions for the automotive and commercial vehicle industry. |
| Nov. 2019 | Announced that it signed an agreement with Changchun FAWSN Group Co., Ltd. Changchun, China, an affiliated company of FAW Group Co., Ltd., to establish a 50:50 Joint Venture “GRAMMER FAWSN Vehicle Parts Co., Ltd. “ for automotive interior components. |
| 2020 | Opened two new plants in Ningbo and Shenyang. |
| Apr. 2021 | Announced that its executive board decided in April to establish a Chinese headquarters in the city of Hefei (Anhui Province). |
| Sep. 2021 | Opened a new production site in the economic metropolis of Shenyang. |
| Jun. 2022 | Set up the Ergolab at the Company’s HQ in Ursensollen, Germany to develop ergonomic and comfortable seats. |
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
Note: A figure in brackets ( ) indicates a loss
