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 provides lightweighting solutions for the automotive industry, focusing on the development and manufacturing of aluminum components for e-mobility, ICE powertrain, structure and chassis applications. Its products include lift gates, subframes, cross and longitudinal members, support brackets, shock towers, cradles, pillars, cylinder heads, engine blocks, oil pans, transmission cases, electric motor housings, and battery housings.

-During 2024, the Company’s sales volumes totaled 39.5 million equivalent units, a decline of 6.1% from the previous year due to customer inventory optimization initiatives, customer plant stoppages, and the slowing of the shift to e-mobility.

-The Company is organized into the following three primary operating segments based on region:

North America
Europe
Rest of the world

-The Company completed the merger process with Controladora Nemak, S.A.B. de C.V., on September 6, 2021, concluding the process that started in 2020 with the partial spin-off from Alfa. With the completion of the merger process, Controladora Nemak no longer exists and has been delisted from the Mexican Stock Exchange, with the Company emerging as an independent company trading under a single listed entity.

Shareholders

-The Company is listed on the Mexican Stock Exchange.

-The Company and Controladora Nemak successfully concluded the merger process on September 6, 2021, resulting in a fully independent company trading under a 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.