Grupo Antolin-Irausa, S.A.

Company Profile

■URL

https://www.antolin.com/en/

■Address

Ctra. Madrid-Irún, Km. 244,8 (Apdo. 2069), 09007, Burgos, Spain

Business Overview

-The Company is a global leader in the design, development, manufacturing and supply of automotive interior components and systems.

-As of December 31, 2023, the company organizes its activities around two business segments as follows:

Business Segment	Activities	Product market share (reported by Company, based on sales in 2023)
1. Product Systems
Headliners	-Headliner substrates, modular headliners and lit overheads	-The global leader in overhead systems, with approximately 22% of the global market share. -The Company also achieved a leading position across regions in overhead systems, with a 33% market share in Europe, 62% market share in South America, and a 31% market share in North America.
Doors and Hard trim	-Door panels, pillar trims and plastic parts, backlit trim	-The Company was a leading producer in Europe with a market share of over 16% in door panels.
Instrument panels and Central consoles	-Cockpits, floor consoles, cockpit module	-
Component and JITs	-Sunvisors, window regulators, door modules, boot trim, management of JIT centers (logistics)	-The Company was a leading producer across regions in Europe with a market share of 23% in window regulators, and over 17% market shares in South America
2. Technology Solutions
Lighting, Human-machine interface (HMI) and Electronics	-Lighting (ambient and functional), decorative, smart surfaces, vehicle access systems, electronic control units (ECUs)	-The Company had a 31% market share of overhead front console and dome lamps in Europe.

Competitors

Headliners

Doors and Hard trim

Instrument panels and Central consoles

Component and JITs

Lighting

-Howa Tramico
-IAC
-Tuopu
-Motus
-NVH Korea Group
-Industriale Sud
-Toyota Boshoku

-FORVIA
-Yanfeng
-NBHK
-Toyota Boshoku
-Seoyon e-Hwa
-Motherson

-Yangfeng
-FORVIA
-Hyundai Mobis
-Motherson
-Marelli

Window regulators
-Brose
-Hi Lex
-Kwangjin
-Aisin Shiroki Corporation

Sunvisors
-Shanghai Daimay
-Toyota Boshoku
-Kasai Kogyo
-Shanghai Huate
-Yong San

-FORVIA HELLA
-Il Heung
-Xingyu Automotive
-LS Automotive
-Silder

Shareholders

-As of December 31, 2023, Grupo Antolin HoldCo, S.A. owns 100.0% of the Company’s shares. Grupo Antolin HoldCo, S.A. is wholly owned by the Antolin family through different entities.

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Products

Overhead systems
-Modular headliners

Substrate materials
Sunvisors
Lightings
Wiring
Grab handles
Stow spaces
Fastening systems
Head impact safety systems
Front and side airbags
Air conditioning vents
Electronics
Antennas
Loudspeakers
Panoramic solutions
Solar protection systems

-Substrates

Glasutec semi-rigid foam base made from polyurethane and fiberglass
Glasupreg e Hybrid synthetic fiber and foam base made from fiberglass
Green foams

-Sunvisors
-Sunvisors with integrated functionality

Mirrors
Lighting
Ticket holders
HomeLink system

-SKY-FX and STAR-FX backlit overhead systems
-Panoramic headliners
-"Wish" (Windshield Integrated System Headliner) panoramic windshields

Doors
-Plastic cassette door hardware modules with integrated functionalities
-Door trim carrier modules with integrated functionaliteis
-Door panels
-Pillars
-Rear cargo and liftgate trim
-Pillar trim
-Hard trim
-Door latches
-Harnesses
-Speakers
-Seat latches
-Seat locks
-Window regulators

Cable window regulator
Window regulators for doors without frame
Window regulator electronics

Cockpit systems
-Cockpit modules
-Instrument panels
-Central consoles
-Glove boxes
-Seamless leather passenger airbag systems

Lighting
-Overhead console lighting
-Multipurpose lamps
-Ambient lighting
-Side reading lamps
-Smart lighting solutions
-Daytime running lights
-Side repeaters
-Turn signals
-License plate lamps
-Center High Mounted Stop Lights (CHMSL)
-Puddle lights
-ISELED

Electronics
-Driver monitoring systems
-Occupant monitoring systems
-Door control modules
-Gateways
-Hubs
-Electronic window regulators
-Body control modules
-Keyless entry systems

Trim
-Pillars
-Trim inserts
-Package trays
-Boot & liftgate trim

Insulation and soundproofing
-Deadeners
-Underbody shields
-Hoodliners

Integrated Products
-Active surfaces
-Backlit trim
-Advanced overhead console
-Backlit overhead
-Capacitive pad

Metal Components
-Bulkhead
-Door reinforcements
-Structural side reinforcements
-Power window tracks
-Door frames
-Window guide rails
-Window supports
-Battery supports
-Structural cross-pieces
-Roof arches

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History

1950's	The Antolin family founded a workshop in the town of Burgos that specialized in brakes and steering.
1959	Launched the firm ANSA, dedicated to the production of vehicle steering joints and suspension units.
1967	Established firms dedicated to the production of seats, door panels, headlinings, and mechanical devices.
1985	Grupo Antolin was launched and consolidated companies.
1990's-	Established 46 plants and 13 technical and commercial offices worldwide, situated in the automobile industry's major decision making areas.
Jan. 1998	Sold a 50% share in its pressed metal assembly business, Irametal to focus on interiors.
Dec. 1999	Grupo Antolin-Vosges SAS in France acquired Meritor's sun-visor operation in Rupt-sur-Moselle (France).
Apr. 2000	Established Grupo Antolin-Kent in UK mainly to manufacture automotive interior trim parts. AIIPL (India) moved to a new plant located in Ranjangaon in Pune district of India.
May 2000	An agreement with the German company Küster, in order to improve the market position of window regulator and door module. Acquired the share that Lear had in Autoform Kunststoffteile GmbH & Co KG, controlling now 100% of the Company. Obtained a share of the IN-SAN company, principal headliner manufacturer in South Korea.
Jul. 2000	Grupo Antolin-North America opened a new Technical Center in Troy-Michigan.
Nov. 2000	Grupo Antolin-Deutschland Opened a new Technical Center at Grupo Antolin-Deutschland in Wolfsburg, Germany to work closely with VW Group.
Jan. 2001	Opened a new plastic facility in Monte La Abadesa (Burgos) to manufacture panels and other injected products.
May 2001	Established a new plant for the sequence of products to Volkswagen in Navarra.
Jul. 2001	Opened the new R&D center in the Headquarters.
2011	Acquired CML Innovative Technologies, specializing in lighting systems for the automobile.
2012	Acquired Italy-based CRS S.r.l., which specializes in the manufacture of car interior trims.
2013	The Antolin family once again became the company's sole shareholder after the buyback in 2013 of 22.8% of the share capital held by various financial institutions since 2004.
2014	Established Grupo Antolin-Valplas in Valencia, Spain.
	The Company and Dongfeng Visteon Wuhan Automotive Trim Systems Co., Ltd. announced that they will establish a joint venture to produce interior parts in China.
	Opened its second factory in Tangier, Morocco, dedicated to sewing seat covers.
	Set up a new manufacturing facility in Kansas City, Missouri, U.S.
	Acquired the 25% stake held by a minority shareholder in the Russian company Antolin Autotechnika Nizhny Novgorod, Ltd. which carries out the manufacture of headliners, giving it 100% of the shares.
	Grupo Antolin India acquired 100% of Indian company Machino Auto Comp Ltd, which carries out plastic injection.
	Created Grupo Antolin Tlaxcala (Huamantla) in Mexico.
Jan. 2015	Formed joint venture with Dongfeng Visteon Automotive Trim Systems Co., Ltd. called Donfeng Antolin (Wuhan) Automotive Trm Co., to manufacture interior components.
Aug. 2015	Acquired interiors business of Magna International Inc.
Jan. 2016	Agreed to acquire entire stake of Silesia Plastic, a plastic injection molding joint venture in Poland.
Aug. 2018	Bought Haselbeck, a plastic injection mould maker based in Germany
Dec. 2018	Entered into a strategic partnership with Walter Pack, the Spanish company that specializes in the design and production of high-quality decorative technical surfaces and parts.
Nov. 2020	Restructured organization with the formation of the Cockpit and Doors business unit, Lighting and HMI business unit, and Electronics business unit.
Mar. 2021	Established a joint venture with Shanghai NAEN Auto Technology to develop advanced integrated electronic products for the car with high degree of integration.
Nov. 2022	Opened a new Global Design and Business Service office in Pune, India, to expand its automotive business in Asia.
Feb. 2023	Shanghai Antolin Automotive Interiors Co., Ltd. was established to supply roofs.
Mar. 2023	Sold 100% of its shares in the Russian companies, Grupo Antolin Saint-Petersburg and Antolin Avtotechnika Nizhny Novgorod, Ltd. to Delta Leasing Company. The Company is no longer present in Russia.
Nov. 2023	Sold 100% of its ownership interest in the Austrian company, Antolin Ebergassing, GmbH.
Dec. 2023	Acquired 50% of Iramec Autopeças, Ltda., thereby the Company taking control of 100% of the Brazilian company.
Dec. 2023	Sold its ownership interest in Slovakian Door Company, s.r.o., in which it held a 50% interest through International Door Company, B.V.