Mahle acquires electronics specialist

Posted on 18 Jun 2017 and read 1069 times
Mahle acquires electronics specialistMahle’s takeover of the electronics specialist Nagares SA, announced in March 2017, is complete; the Spanish company will now be integrated into the group.

With this move into vehicle electronics, Mahle is strengthening its competence in products for the e-mobility sector; it will now be in a position to offer systems solutions across a broad product portfolio.

The new product area includes control units and power electronics for electric auxiliary components and thermal management systems, as well as power converters for e-mobility solutions.

In conjunction with Mahle’s existing business segments, product developments will include integrated powertrain solutions for hybrid and electric vehicles, as well as battery-charging technologies.

The development centre in Valencia will operate under the name Mahle Electronics SA with immediate effect and will be substantially expanded by Mahle in terms of both infrastructure and personnel.

The company’s objective is to establish the location within the Mahle Group as a global competence centre for the electronics business.

In 2016, the group generated sales of around 12.3 billion euros, with some 77,000 employees in 34 countries and about 170 production locations.

It also has about 6,000 development engineers and technicians at 15 development locations in Germany, the UK, Luxembourg, Slovenia, the USA, Brazil, Japan, China, and India.

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