Kendrion N : Kendrion to focus entirely on Industrial – sells Automotive business in Europe and US
April 12, 2024 at 03:08 am EDT
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Kendrion N.V.
Kendrion N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date12 apr 2024 - 07:30
Statutory nameKendrion N.V.
TitleKendrion to focus entirely on Industrial - sells Automotive business in Europe and US
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202404120000000002_20240411 - Kendrion N.V. press release - Kendrion to focus entirely on Industrial - sells Automotive business in Europe and US.pdf(opens in a new window)
Date last update: 12 April 2024
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Kendrion NV published this content on
12 April 2024 and is solely responsible for the information contained therein. Distributed by
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12 April 2024 07:07:21 UTC.
Kendrion N.V. specializes in the design, manufacturing and marketing of intelligent actuators that help advance the global push towards automation, electrification and cleaner forms of energy in a wide range of industrial and automotive applications. These actuators can be found in wind power turbines, robots, warehouse automation, electric vehicles, energy distribution and industrial heating processes. Net sales break down by business segment as follows:
- Automotive (50.5%): electromagnetic systems and components for passenger cars and commercial vehicles;
- Industrial (49.5%): industrial actuators and controls (solutions based on electromagnetic actuators, control technology and fluid technology) and industrial brakes (electromagnetic brakes for electromotors).
Net sales are distributed geographically as follows: Netherlands (2.9%), Germany (59.7%), Europe (18.7%), Americas (10%) and Asia (8.7%).
KENDRION N.V. 
