ixetic

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ixetic GmbH

logo
legal form Company with limited liability
founding 2006
Seat Bad Homburg vor der Höhe , GermanyGermanyGermany 
management Georg Wolf (Chairman of the Management Board), Harald Nippel (CFO)
Number of employees > 1200
sales approx. 300 million euros
Branch Automotive supplier
Website www.ixetic.com
Last updated 2012

Headquarters in Bad Homburg

The ixetic GmbH was a supplier to the automotive industry, in the development and production of hydraulic and vacuum pumps was the world leader for freight and passenger cars. The company was acquired and incorporated by the Canadian supplier Magna International in 2012 .

history

The history of Ixetic begins with the founding of the barmag machine factory in Wuppertal in 1922. Another forerunner company was Vickers Germany, founded in Bad Homburg in 1956 , which supplied Mercedes-Benz from 1961 and started producing power steering pumps in Bad Homburg two years later. Vickers built the Zeppelinstrasse plant in 1971 and supplied the first vacuum pumps to Audi and VW seven years later . A big step in the direction of today's corporate form took place in 1991 when a joint venture between LuK and barmag (BarLuK) came about and in the same year the automotive hydraulics division of Vickers was taken over by LuK. Two years later, BarLuK became LuK Automobiltechnik Hückeswagen as a subsidiary of LuK Fahrzeughydraulik Bad Homburg . The first continuously variable transmissions were manufactured from 1997 and landing gear pumps were delivered for the first time two years later. In 2005 the production of air conditioning compressors was added.

Ixetic was spun off from the LuK Group (Fahrzeug-Hydraulik GmbH & Co. KG) in March 2006 . The new owner of the company was the investment company Motion Equity Partners (formerly Cognetas). Sales rose from 286 million euros (2006) to around 300 million euros in 2012. In 2007, Ixetic won the Hessen Champions 2007 award, world market leader in chassis pumps on behalf of the Hessian Ministry of Economics, Transport and Regional Development. A joint venture with DSI in Bangalore (India) was established in 2009, followed by an assembly plant in China in 2010.

Magna International announced in October 2012 that it had signed an agreement to acquire the company. The purchase price to be paid for 100% of the outstanding shares in Ixetic was approximately EUR 308 million. In 2018, Magna sold its Global Fluid Pressure & Controls Business to the Korean automotive supplier Hanon Systems .

Group structure

The company's headquarters were in Bad Homburg vor der Höhe ; other locations were Hückeswagen (near Wuppertal), Plovdiv (Bulgaria), Brunswick (Ohio) , Shanghai (China). There are representative offices in Yokohama (Japan), Russia, India and Korea. ixetic recently employed over 1200 people.

Products

  • Vacuum pumps : Diesel and Otto-DI engines, vacuum generation for the brake booster and other components such as B. Turbocharger adjustment. A distinction is made between mechanically driven (Vapec) and electrically driven (eVapec) pumps.
  • Power steering pumps: hydraulic steering assistance ( power steering ) in cars and trucks.
  • Suspension pumps: Reduction of the rolling motion caused by centrifugal forces or uneven ground. Mainly used in the luxury class, off-road vehicles or SUVs. World market leader in the field of chassis pumps.
  • Transmission pumps: hydraulic control and pumps for CVT transmissions.
  • CO 2 air conditioning compressor: The refrigerant R134a has been banned in Europe since the beginning of 2011 ; carbon dioxide (CO 2 ) was the preferred replacement for a long time . In fact, the majority of the major automobile manufacturers opted for R1234yf (2,3,3,3-tetrafluoropropene).
  • Tandem pumps : Special solution, a combination of a chassis and power steering pump or a vacuum pump and diesel pre-feed pump in a common housing.

Remarks

  1. ↑ ixetic: Sales increase by 9.3 percent , In: Rheinische Post from January 26, 2012; Retrieved January 26, 2012
  2. ↑ Florian Langenscheidt , Bernd Venohr (Hrsg.): Lexicon of German world market leaders. The premier class of German companies in words and pictures . German Standards Editions, Cologne 2010, ISBN 978-3-86936-221-2 .
  3. ↑ Hessen Champions 2007 world market leader
  4. ↑ Prestigecars.de ( Memento of the original dated November 16, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / www.prestigecars.de
  5. ↑ Magna Announces Divestiture of Its Global Fluid Pressure & Controls Business , press release on "magna.com" (accessed June 27, 2019)

Web links

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