|
| Wednesday, 7 April 2010, 09:00 HKT/SGT | |
| |
|
|
|
Renningen, Germany, Apr 7, 2010 - (ACN Newswire) - With today's acquisition of SUTRAK, a leading global provider of bus air-conditioning systems, J. Eberspacher 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 SUTRAK 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 SUTRAK and Eberspacher 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, Eberspacher 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 SUTRAK."
Eberspacher 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, Eberspacher 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, Eberspacher Sutrak 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.
Eberspacher 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. Eberspacher GmbH & Co. KG
Public Relations
Eberspacherstrasse 24
73730 Esslingen / GERMANY
Tel: +49 711 939-0250
Fax: +49 711 939-0642
URL: www.eberspaecher.com
E-Mail: presse@eberspaecher.com
Topic: Merger & Acquisition
Sectors: Automotive, IT Individual
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| |
Latest Press Releases
Honda Newly Launches "Discover Honda" Content Curation Media Platform
Friday, December 26, 2025 4:34:00 PM
|
|
|
Mazda Selected for A List in CDP Water Security for the First Time
Friday, December 26, 2025 4:19:00 PM
|
|
|
Fujitsu Develops Fujitsu Kozuchi Physical AI 1.0 for Seamless Integration of Physical and Agentic AI
Friday, December 26, 2025 1:04:00 PM
|
|
|
Establishment of DOCOMO Innovation Fund IV, a Corporate Venture Investment Fund
Friday, December 26, 2025 12:53:00 PM
|
|
|
The General Incorporated Association Generative AI Japan Announces the Winners of the Japan Generative AI Award 2025 
Friday, December 26, 2025 10:00:00 AM
|
|
|
BCQ (01963.HK) to Pay RMB 585 Million Cash Dividend, Driving Share Price and Yield Upside
Dec 25, 2025 17:23 HKT/SGT
|
|
|
Avantor Appoints Gladys Wang as Vice President, Bioprocessing Commercial, Asia, Middle East & Africa
Dec 24, 2025 12:20 HKT/SGT
|
|
|
AEON Credit Service Net Profit Surges 28.1% to HK$352.7 Million for First Nine Months of FY2025/26
Dec 23, 2025 22:07 HKT/SGT
|
|
|
Tohoku University and Fujitsu utilize Causal AI to discover superconductivity mechanism of promising new functional material
Tuesday, December 23, 2025 1:58:00 PM
|
|
|
THE HANEDA GODZILLA GLOBAL PROJECT OFFICIALLY KICKS OFF COMPLETION EVENT
Dec 23, 2025 13:00 HKT/SGT
|
|
|
|
|
More Press release >> |
|
|
|
