Nemak, S.A.B. de C.V.

Company Profile

■URL

https://www.nemak.com

■Address

Libramiento Arco Vial Km 3.8, Garcia N.L., 66017, Mexico

Business Overview

-The Company is a leading supplier of aluminum components for the automotive industry, specializing in cylinder heads, engine blocks, transmission cases, e-mobility parts, structure, and chassis.

-In 2023, the Company sold 42 million equivalent units.

-The merger process of Controladora Nemak into Nemak was completed on September 6, 2021, representing a process to spin Nemak off from its former parent company, Alfa. The number of shares outstanding remains unchanged, and it is now a fully independent company trading under a single listed entity.

Shareholders

-The Company is listed on the Mexican Stock Exchange.

-In September 6, 2021, the Company and Controladora Nemak successfully conclude merger process. It is a fully independent company and single listed entity.

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Products

ICE Powertrain

Cylinder heads
Engine blocks
Transmission cases
Oil pans

Structure and chassis

Longitudinal members
Shock towers
Subframes
Lift gates
Support brackets
A-pillars
Cradles
E-brackets

E-mobility components

E-motor housings
Battery housings (hybrid/fully electric)

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History

1981	Began operations.
1990s	Expanded product portfolio to include engine blocks.
2014	Signed first contracts to produce automotive structural components.
Jul. 2015	Completed IPO on Mexican Stock Exchange.
Nov. 2016	Completed acquisition of Cevher Dokum Sanayii A.S., a supplier of complex aluminum automotive castings based in Turkey.
Aug. 2020	Alfa transferred the entire share ownership in Nemak to Controladora Nemak (Nemak-Holding).
Sep. 2021	The merger process of Controladora Nemak into Nemak was completed. Nemak was completed spin off from Alfa and it is now a fully independent company trading under a single listed entity.
2022	The Company opened an Engineering Center in Germany for e-mobility, structure, and chassis applications.