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With this acquisition, Mahle strengthens its position in the air conditioning sector. This is one of the Group’s strategic future fields.New Delhi: On February 1st, 2021, the automotive components major Mahle completed the takeover of the air conditioning business of the Japanese company Keihin Corporation in Japan, Thailand and the USA. The takeover was approved by the antitrust authorities, said Mahle in a press release.
As part of the agreement, four production sites and a development center will now be integrated into the Mahle Group. With this acquisition, Mahle strengthens its position in the air conditioning sector. This is one of the Group’s strategic future fields.
“With this important acquisition, we are strengthening our presence and customer relationships in Asia and North America in a business area that is becoming even more important not only for conventional drives, but especially for alternative drives. We want to continue growing, especially in this area, ” Jörg Stratmann, Chairman and CEO of MAHLE.
A total of around 1,700 people are employed at the new locations. Air conditioning systems and components for your peripheral devices are developed and manufactured here.
With alternative drives, the requirements for the efficiency and performance of the air conditioning system are significantly higher, as they have a direct effect on the range of electric vehicles and thus, among other things, on customer acceptance.
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