Kiekert AG
Company Profile
Business Overview
-The Company is a leading supplier of vehicle-access systems such as latches, latch modules, door actuators, sliding doors, decklids and interior solutions with a focus on safety, convenience and connectivity. To date, the Company has produced more than two billion locking systems.
-According to the Company’s research, the Company holds a global market share of 21% in vehicle locking systems. Its vehicle locking systems are equipped on approximately one out of every three cars worldwide.
Shareholders
-A business consortium comprised of BlueBay Asset Management, Silver Point Capital, and Morgan Stanley owned the Company’s stock shares from 2007 until September 2012. North Lingyun Industrial Group Co., Ltd. has acquired and then become a sole of its shareholder since September 2012. North Lingyun Industrial Group is a member of the China Weapons Industry Group that owns the Chinese automotive parts maker Lingyun Industrial Corporation Limited.
Products
Locking systems
-Side door latches and locking systems
- Latches with integrated or modular power closing
- Latches with power strikers
- Latches with integrated central locking systems
- Latches with electrical child safety systems
- Active inertia latches featuring integrated crash barriers
-Latch modules
-Trunk lid latches
-Liftgate latches
-Power closing latches
-Cargo latches
-Liftglass latches
-One piece strikers
-Power strikers
-Trunk locking systems
-Hood locking systems
-Center console locking systems
-Headrest locking systems
-Seat back locking systems
-Inertia Protect Latch: active blocking mechanism to prevent door opening
-Comfort latch: system for noiseless door opening and closing
-E-latch: electrical latch which reduces force needed to open door
-Electrical child safety system: system which prevents unintentional rear door opening
-Latches with door warning lights
-LED latches integrating LEDs for greater illumination
-i-close; cinching latch
-i-move; electrical actuator for closing of the door
-i-stay; mechanical door check
-i-fold; electrical rear seat folding down system
-Mini Locking miniature locking systems
-secuCHARGE charging-plug actuators for electric vehicles
-excellENTRY electric door locking systems
Vehicle access systems
-Hood actuators
-Globe box actuators
-Headliner monitor actuators
-Headrest actuators
-Center arm rest actuators
-Back rest actuators
-Fuel flap actuators
-Rear seat remote unlocking actuators
-Sliding door actuators
-actiMOVE modular automatic door opening and closing mechanism
-actiSLIDE modular automatic electric door sliding mechanism
-actiCLOSE mechanism that aids in closing manual and automatic doors
-presENTER module for automated door opening
-Mini Mover miniature actuators to shift interior components
Digital access systems
-conTRONIC electronic control units for access solutions
-reactiWAKE digital vehicle access system
History
1857 | Founded by Arnold Kiekert and specialized in locking systems, initially locks and keys for various applications. |
1920's | Accompanied with the rapid rise of the automobile to become the most widely-used means of transportation, the Company have concentrated on the development and production of locking systems for the automobile industry. |
1976 | Acquired Tack & Gabel, Wuppertal, which had likewise specialized in car locks. This led to an expansion of the customer base and product range. |
1987 | Was acquired by the Dr. Sterzenbach & Rau Vermogensverwaltungsgesellschaft within the framework of a management buy-out. |
1995 | Opened itself up to a wide range of investors by going public. The inflow of funds from the stock market launch contributed to the financing of the global growth, in particular Mexico and the United States. |
1998 | Began manufacturing door modules and system latches at a plant in Detroit, U.S. |
2000 | Kiekert Holding GmbH holds approximately 94% of the Company's shares by take-over of the shares held by the former majority shareholders and through public take-over offers to all external shareholders. The Company share was withdrawn from the M-DAX. |
2004 | Acquired an initial stake of 25.5% in Daeki Automotive, a Korean manufacturer of locking systems. |
2005 | Announced a new production facility in the Czech Republic to double its production capacity. |
2012 | Was acquired by China-based automotive supplier Hebei Lingyun Industrial Group Corporation Ltd. |
Aug. 2015 | Acquired full ownership of Henan North Xingguang Locking Systems Co. Ltd., a manufacturer of door, hood and trunk locking systems. |
Feb. 2017 | Announced that it opens new joint-venture facility to produce door-closure systems in South Korea with KwangJin Sanggong Company Ltd. |
Supplemental Information 1
>>>Business Report through FY ended Dec. 31, 2013
>>>Business Report through FY ended Dec. 31, 2015
>>>Business Report through FY ended Dec. 31, 2016
Note: A figure in brackets ( ) indicates a loss