Press archives

9/16/2015

MAHLE Press release IAA Frankfurt 2015

Stuttgart, September 16, 2015 - MAHLE press releases from IAA Passenger Cars in Frankfurt:

9/7/2015

MAHLE surpasses own targets in first half of 2015

Stuttgart/Germany, September 7, 2015 — In the first half of 2015, the MAHLE Group achieved sales of EUR 5.53 billion and has thereby grown by 12.5 percent compared with the same period in the previous year. At EUR 324.5 million, earnings before interest and taxes (EBIT) are also 17.2 percent above the previous year’s value. The EBIT margin rose to 5.9 percent.

7/1/2015

Delphi Thermal is now part of the MAHLE Group

Stuttgart/Germany, July 1, 2015 – The antitrust authorities have given their approval: MAHLE has acquired the thermal business of U.K. automotive supplier Delphi Automotive PLC as of July 1, 2015. As a result, the Stuttgart-based group is expanding its strategically important Thermal Management business unit.

6/17/2015

MAHLE acquires Kokusan Denki

Stuttgart, June 17, 2015—MAHLE now holds around 90 percent of the shares in Kokusan Denki, a company listed on the Tokyo Stock Exchange, after a successful public tender offer. It is thereby further strengthening its presence in the mechatronics sector.

4/30/2015

Press release on the business development of the MAHLE Group in 2014

Stuttgart/Germany, April 30, 2015 — In 2014, MAHLE generated sales of nearly EUR 10 billion. The growth of around 43 percent is largely due to the first-time full-year inclusion of the MAHLE Behr Group.

2/19/2015

MAHLE acquires thermal management division of U.S. automotive supplier Delphi

MAHLE has signed a definitive agreement to acquire the wholly-owned thermal business of U.S. automotive supplier Delphi Automotive PLC (NYSE: DLPH). In 2014, the division and its approximately 7,600 employees achieved annual sales of around USD 1.2 billion (roughly EUR 1.0 billion). After approval by the relevant antitrust authorities, a closing of the deal is anticipated for the fall of 2015. Further, it is intended to acquire the joint venture of Delphi Thermal in China.

12/16/2014

Change to senior management at MAHLE

Stuttgart, December 16, 2014 – The Supervisory Board of MAHLE GmbH has appointed Wolf-Henning Scheider as new Chairman of the MAHLE Management Board with effect from July 1, 2015. He will join the MAHLE Group on April 1, 2015, and will initially assume the role of Vice Chairman of the Management Board.

11/25/2014

MAHLE expands Tech Center in Shanghai

Shanghai, November 25, 2014 – MAHLE is celebrating the third major expansion phase of its research and development center in China. In addition, a Bosch Mahle Turbo Systems (BMTS) production plant, a plant for industrial filtration, and a production line for the manufacturing of tools for the Filtration and Engine Peripherals business unit will be opened on the campus.

9/8/2014

Press release on the business development of the MAHLE Group in the first half of 2014

Stuttgart/Germany, September 8, 2014: The sales and result of the MAHLE Group developed positively in the first half of 2014.

9/2/2014

MAHLE finalizes the acquisition of Letrika

Stuttgart, September 2, 2014 – The transaction approvals have been issued from all relevant antitrust authorities. The acquisition of the majority stake in Letrika d.d., which is listed on the Ljubljana Stock Exchange, is expected to be completed in calendar week 37. In the future, Letrika is to be integrated and consolidated into the MAHLE Group as the “Electric actuators and engine accessories” profit center.