KW automotive Group Acquires AL-KO Damping Technology Business Unit

KW automotive Group Acquires AL-KO Damping Technology

KW automotive Group grows to more than 1,000 employees with 14 sites worldwide.

After announcing in June 2021, the purchase of BBS, the renowned alloy wheel manufacturer with more than 260 employees, KW automotive Group continues to grow with the acquisition of the Damping Technology business unit from AL-KO Vehicle Technology Group. With approximately 250 employees at two facilities in Spain and China, the AL-KO Damping Technology business unit manufactures shock absorbers for an array of commercial vehicles with varying body solutions and chassis types. 

Located in Fichtenberg, Baden-Württemberg, Germany, KW automotive Group further expands its core business through this recent acquisition, and with the completion of another major acquisition this year. In January, Reiger Suspension, the off-road racing damper manufacturer, was also purchased by KW automotive Group. Financial details of the transactions are not yet available.

“The business relationship between AL-KO Damping Technology and KW automotive has already existed for a number of years. This transaction offers the opportunity for a technological leap forward, from which our AL-KO product segments will also benefit. KW automotive Group will serve as a home where all employees feel welcomed and are valued as part of the KW automotive Team. We plan to continue to work closely with KW over the long term,” said Harald Hiller, president and CEO of the AL-KO Vehicle Technology Group.

Hiller added that the AL-KO Vehicle Technology Group itself will focus on its core business, the development and production of high-quality chassis and suspension components for trailers, recreational vehicles, light commercial vehicles and new mobility solutions.

For more than 25 years, KW automotive has specialized in the development, production and distribution of premium suspension solutions for road and motorsport applications. Now, KW automotive benefits from AL-KO’s modern production facilities in Europe and China, as well as the Damping Technology business unit’s commercial vehicle expertise. 

“With AL-KO, we gained a team of outstanding experts in the field of damping technology,” said Klaus Wohlfarth, managing partner of KW automotive GmbH. “AL-KO Damping Technology’s many years of experience and expertise in industrial production enrich our core business, which we intend to expand even further. With the two manufacturing factories in Europe and China, we simplify and strengthen our supply chains, and share our core values.”

Aiman Kaamel, senior vice president and head of Business Division AL-KO Damping Technology, added, “Our entry into the KW automotive Group creates clear synergies and interesting development prospects. Our industrialization expertise combined with the high technological competence of KW’s suspension experts will allow us to open up new market segments, and at the same time deliver innovative products to our long-standing customers, among which the AL-KO Group will still be.”

You May Also Like

SKF Aims to Eliminate Greenhouse Gas Emissions 

SKF joined and co-funded Mission 0 to help deliver solutions to eliminate GHG emissions in materials, production and end-of-life of passenger cars.

SKF Aims to Eliminate Greenhouse Gas Emissions 

SKF announced it has joined and co-funded Mission 0 to help develop groundbreaking technologies and deliver solutions to eliminate greenhouse gas (GHG) emissions in materials, production and end-of-life of passenger cars. In an initial pilot project, SKF said it will collaborate with academia and industry experts in a research arena to solve GHG emissions in materials and processes that require new knowledge or disruptive technologies.

Polestar Performance SUVs on Display in New York

The Polestar 3 and Polestar 4 will be showcased at the NY International Auto Show for the first time.

Polestar Performance SUVs on Display in New York
Corteco Strengthens Expansion in Southeast Europe

Freudenberg Sealing Technologies’ aftermarket unit opens a warehouse in Turkey and a sales office in Serbia.

Corteco Strengthens Ambitions in Southeast Europe
Marelli Presents New Interior Innovation Center

The location is implementing three key initiatives inspired by the theme, “What’s next? Innovation for the new era.” 

Marelli presents its new Interior Innovation Center
Analysis: Post-Covid Years for Expats, Int’l. Business Travelers

Allen Koski discusses how artificial intelligence is affecting global healthcare trends, among other topics.

Analysis: Post-Covid Years for Expats, Int'l. Business Travelers

Other Posts

HDA Truck Pride Member Southside Trailer Service Expands

The company acquired PBS Brake & Supply in Syracuse, NY.

HDA Truck Pride Member Southside Trailer Service Expands
Yokohama to Build New Tire Plant in Mexico

The facility is set to begin production in early 2027, with a planned annual output of 5 million tires. 

Yokohama Tire Plant Mexico
Gogoro Partners with Copec on Battery Swapping

Copec is developing a Latin American network of battery-swapping stations for launch at its service stations.

Hyundai Motor, Iveco Group Partner on Electric H-D Trucks

They signed a Letter of Intent on March 14, reinforcing their partnership on electric heavy-duty truck solutions in European markets.

Hyundai Motor, Iveco Group Partner on Electric H-D Trucks