SMP Deutschland GmbH

Company Profile

■URL

■Address

Schlossmattenstrasse 18, 79268 Boetzingen, Germany

Business Overview

-The Company focuses on the production of plastic interior and exterior modules for the automotive industry. It is one of the largest module suppliers for the European automotive market in systems such as door panels, instrument panels, and bumpers. The Company also specializes in the production of extruded and injection-molded components specifically in co-extrusion and multi-component injection molded processes. The Company focuses primarily on the premium automotive segment with an emphasis on lightweight systems, sustainable production, and enhanced safety.

-The Company is a subsidiary of Samvardhana Motherson Automotive Systems Group BV (SMRP), which itself is a subsidiary of Samvardhana Motherson International Limited (SAMIL). With the restructuring of the SAMIL parent organization effective April 2022, the Company comprises SAMIL’s restructured Modules & Polymer Products division.

-In April 2023, the Company completed the acquisition of substantially all the assets of Bolta US Ltd., a company engaged in the manufacturing and sale of chrome-plated interior and exterior polymer components for automotive applications.

Shareholders

-As of March 31, 2024, the Company is a subsidiary of Samvardhana Motherson International Limited (SAMIL) through Samvardhana Motherson Automotive Systems Group (SMRP). SMRP holds 94.8% of the shares in the Company.

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Products

Interior products
-Cockpits
-Instrument panels
-Door panels
-Center and floor consoles
-Decorative interior panels
-Decorative trim
-Airbag boxes
-Glove boxes
-Ventilation systems
-Storage systems
-Air louvers
-Grab handles
-Sun visors
-Leather panels
-Textile panels
-Soft-touch panels
-Decorative trim
-Seat covers
-Premium upholstery
-Trunk liners
-Trunk trim
-A/B/C-pillar covers
-Tread plates
-Illuminated tread plates
-Window belt lines
-Small plastic parts
-Interior modules with integrated airbags and/or electronics

Exterior products
-Bumpers
-Front end modules
-Front grilles
-Spoilers
-Front-end carriers
-Convertible roof components
-Rocker panels
-Decorative trim
-High-gloss pillar covers
-Window sealing strips
-Water deflectors
-Fuel fillers
-Air inlets
-Air ducts
-Door handles
-Hybrid tailgates
-Plastic body parts
-Plastic panels
-Antenna hoods
-Roof rails
-Tilt inner slide sunroofs
-Outer slide sunroofs
-Popup sunroofs
-Panorama sunroofs

Underhood products
-Engine covers
-Fuel tanks
-Small parts and assemblies

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History

1959	The "Badischen Plastic-Werke" began producing plastic products of all kinds, from films to household goods. After some time, bottle crates and stock containers started to bear the name "Peguform".
1972-73	After the sale of the film manufacturing division, the Company started dealing with the car industry.
1978	The "Badischen Plastic-Werke" changed its name to "Peguform-Werke AG".
1982	Physical expansion began in 1982, with the opening of new plants in Gottingen and Waldkirch.
1983	The parent company, "Pegulan AG" sold the Company to the BAT (British American Tobacco) concern.
1990	Klockner-Werke AG took over the Eurotec group, merged the Waldkircher factory with its subsidiary, Kautex AG, and acquired "Plastimat" in the Czech Republic, a main supplier of the Volkswagen brand, Skoda.
1996	Eurotec-Systemteile GmbH merged with Peguform-Werke GmbH to form the new Peguform group, consisting of Peguform Bohemia (formerly Plastimat), Peguform France, Peguform Iberica and the German Peguform GmbH. Following the global expansion of its customers, Peguform set up plants in Brazil (Peguform do Brasil), and Peguform/Hella in Mexico.
Apr. 1999	Was a part of the American "Venture Holdings Trust", an automotive systems supplier operating on a global basis.
May 2000	Acquired the automotive division of T&D Industries in Luton (GB) to form the new company Peguform UK. Joint Venture with Matra, France.
2001	Acquired the automotive division of the Mitras group. This refers to two plants in Germany and one plant in the Czech Republic.
2005	Cerberus took over the Peguform Group (Germany, Spain, Mexico, Brazil) In Germany: Peguform GmbH. Peguform France and Peguform Bohemia in the group were placed under the umbrella of a U.S. based investment fund organization, Barclays Capital Credit Suisse First Boston Harbert Distressed Investment Master Fund Yucaipa Group together with its former parent company, Venture Industries Corporation, and the company name was changed to Cadence Innovation LLC.
Mar. 2008	Took over the majority of the Changchun Peguform Automotive Plastics Technology Co. Ltd. (CPAT) -a joint venture between the Company and the Chinese Automotive Supplier CAIP
Oct. 2008	Polytec Holding AG acquired the Company from Cerberus Capital Management L.P.
Aug. 2009	Pierer Knunz Group of Austria acquired the Company from Polytec Holding AG.
2011	Samvardhana Motherson Group acquired 80% of shares in the Company on Nov. 23, 2011.
Apr. 2014	Entered a joint venture with Eissmann Automotive to produce leather covers for interior components in Slovakia.
Jul. 2015	Announced to construct a production facility in Kecskemet, Hungary.
Jul. 2015	Completed a new workshop at the German head office in Boetzingen.Germany.
Aug. 2015	Announced to build a new factory in Tuscaloosa, Alabama, U.S.
2018	New plant in Kecskemet (Hungary) and Tuscaloosa (USA).
2022	New plant in Serbia
Apr. 2023	Completed acquisition of substantially all the assets of Bolta US Ltd., a company which manufactures chrome-plated interior and exterior polymer components.

Supplemental Information 1

>>>Business Report up until FY 2010
>>>Business Report up until FY ended Mar. 2015

Note:
-A figure in brackets ( ) indicates a loss
-All financial figures given in this profile are based on information released by Motherson Sumi Systems Limited.

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