Edscha Holding GmbH
-A Germany-based manufacturer of door hinges and door checks, under the umbrella of Gestamp Automocion. As of June 2014, the Company has a market share of over 50% for door hinges and door checks in the European market.
-As of June 2015, the Company produces over 140 million door hinges and 70 million door checks per year.
-In February 2009, the Company filed for insolvency for its European operations including its headquarters and production facilities in Germany. Based on the insolvency filing, the Company sold its convertible roof systems business unit to Webasto in August 2009. It also transferred its body components business units to Gestamp Automocion of Spain in April 2010.
-The Company's Body Components business unit was acquired by Gestamp Automocion in 2010. The Company is under the umbrella of Gestamp Automocion.
-Door hinges with integrated door check systems
-Hood hinges with pedestrian protection systems
-Soft Stop hinge system
-Modular plastic door checks
-Sliding door systems
-Electrically powered liftgates
-Electrically powered trunk lids
-Module drive systems
|1870||Founding of the company in Remscheid, Germany.
The Company at first supplied hinges, fittings and locks for horse-drawn carriages and later for other vehicles too.
|1913||Concentrates on hinges and sells its lock production business.|
|1932||First major series order for the automotive industry. The Company's hinges can be found in vehicles including the Adler Trumpf, the Hanomag Kurier and the Hanomgag Strurm.|
|1963||Building of the new plant in Hengersberg, Lower Bavaria|
|1969||A patent creates the basis for sliding roof business for trucks.|
|1975||Internationalization: setting up of first production facilities outside Germany|
|1984||Building of new plant in Hauzenberg, Lower Bavaria.|
|1985||Received an order from BMW for the production of the convertible roof for the 3 Series. This order is the foundation of the Convertible Roof Systems division.|
|1994||Redefinition of corporate strategy. The Company's "best in class" philosophy calls for concentration on core competences, screw and pin production. The production of driver's cab is discontinued. Closure of unprofitable locations and greater emphasis on internationalization.|
|Apr. 1997||A management buyout takes place for the Company. All shares are purchased by Horst Kuschetzki.|
|Mar. 1999||The Company's shares are officially traded on the Frankfurt Bourse for the first time.|
|Jul. 2000||Purchases all the shares in the American hinge specialist Jackson Automotive Group, Inc. This acquisition, the biggest in the Company's history, makes it the market leader for door hinges and door checks in North America too.|
|Apr. 2001||Established Edscha Roof Systems, Inc. in North America. By taking this strategic step, it will contribute its experience in the development and supply of complete roof systems to the North American market as well.|
|Jul. 2002||Took over German vehicle developer, IVM Automotive.|
|May 2003||The extraordinary general meeting of Edscha AG consents to the squeeze-out and the control and profit transfer agreement with Edcar.|
|2004||Per the decision (through a squeeze-out) at the Annual General Meeting held on May 23, 2003, the shares of the minority shareholders (on the Commercial Register of Edscha AG) were transferred to EdCar Beteiligungs GmbH & Co. KG in January. After four years and ten months, trading in Company shares are to cease.|
|Sep. 2005||Sold the smallest of five business divisions, Sliding Roofs for Trucks, to a Swedish manufacturer of trailer couplings for trucks.|
|Mar. 2007||Sold its Vehicle Design division (IVM Automotive) in order to concentrate on its core business in body components and convertible roof systems.|
|Aug. 2009||Sold its convertible Roof Systems Business unit to Webasto.|
|Oct. 2009||Sold its Body Components Business Unit to Gestamp Automocion.|
|Nov. 2012||Formed a joint venture called "Edscha-AAPICO Automotive Co., Ltd." with Malaysian supplier AAPICO Hitech.|
|Dec. 2012||Announced to acquire FPS Kunststofftechnik GmbH, based in Halver, Germany, and Friedhelm Piepenstock GmbH, based in Schalksmuhle, Germany.|
|Jul. 2013||Began operations of joint venture plant Edscha PHA Ltd., Asan, formed with Pyeong Hwa Automotive (PHA).|
|Sep. 2013||Opened new plant in Kunshan, Jiangsu Province, China, called Edscha Automotive Components Kunshan Co. Ltd.|