Eberspächer Acquires SÜTRAK: Now a Single-source Provider of Bus Heating and A/C Systems
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J. Eberspächer GmbH & Co. KG / Eberspächer Acquires SÜTRAK: Now a Single-source Provider of Bus Heating and A/C Systems processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Esslingen / Renningen, Germany, April 2010 - With today's acquisition of SÜTRAK,
a leading global provider of bus air-conditioning systems, J. Eberspächer GmbH &
Co KG has positioned itself in the bus and coach market as a full-range provider
for heating and cooling systems. The Esslingen-based automotive supplier has
acquired the SÜTRAK bus air-conditioning systems business in Europe, the Middle
East and Africa and signed an agreement to acquire related distribution
operations in Mexico and India from Carrier Corp. (USA), a business unit of
United Technologies Corp.
"The fusion of SÜTRAK and Eberspächer sees two renowned providers in the area of
heating and cooling coming together to cover the entire range of thermal
management in the bus market", explained Dr. Leonhard Vilser, Eberspächer CEO
for vehicle heating systems. Dr. Vilser added that he expects an extensive range
of synergy as a result of the union. "In the bus market, in particular, our
customers are increasingly demanding complete vehicle temperature-control
solutions. We have now addressed these market demands with the acquisition of
SÜTRAK."
Eberspächer is the only manufacturer that covers the entire bus spectrum with
its heater systems, from the minibus (5 kW heater) to the 20-seater (12 kW) and
on to the large touring bus (35 kW). As a result of the acquisition, Eberspächer
is now able to provide its customers with complete rooftop air-conditioning
systems for all kinds of buses, as well as components such as evaporators,
condensers or compressors.
The acquired business had sales of approximately $90 million and more than 200
employees in 2009 engaged in supplying several well-known bus manufacturers,
fleet operators and aftermarket partners.
The head office of the new subsidiary, Eberspächer Sütrak GmbH & Co. KG, located
in Renningen, Germany, employs 135 people in sales, research and development,
production and administration. Other important locations in the acquisition
package are a production plant in Madrid and a distribution company in Mexico
City, along with numerous sales and service offices throughout Europe, the
Middle East, Africa and India.
Eberspächer ranks amongst the leading system developers and suppliers of exhaust
technology and vehicle heating worldwide and is also involved in vehicle
electronics and automotive bus systems. Its customers include almost all
European and North American manufacturers for passenger cars and commercial
vehicles.
J. Eberspächer GmbH & Co. KG Telefon +49 711 939-0250
Public Relations Telefax +49 711 939-0642
Eberspächerstraße 24 E-Mail presse(at)eberspaecher.com
73730 Esslingen / GERMANY www.eberspaecher.com
[HUG#1400733]
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J. Eberspächer GmbH & Co. KG
Eberspächerstraße 24 Esslingen Germany
Unternehmensinformation / Kurzprofil:
Datum: 06.04.2010 - 12:05 Uhr
Sprache: Deutsch
News-ID 18605
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contact information:
Town:
Esslingen
Kategorie:
Business News
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