Montupet
| Montupet | |
|---|---|
| legal form | Aktiengesellschaft franz. Right |
| founding | 1977 |
| Seat | Clichy , France |
| management | Stéphane Magnan (CEO) |
| Number of employees | 3034 |
| sales | EUR 400 million |
| Branch | Automotive supplier |
| Website | www.montupet.fr |
| As of December 31, 2012 | |
Montupet, SA is a formerly listed French automotive supplier based in Clichy near Paris. Montupet is active in the field of aluminum casting and manufactures cylinder heads and other aluminum parts; other engine parts are u. a. Wheel carriers and steering knuckles, pumps and turbocharger housings, brake cylinders and brake calipers. The company has been part of the Canadian automotive supplier Linamar since the beginning of 2016 .
history
The group was created in 1977 through the merger of the three French foundries, Montupet (whose history dates back to 1894 and which has been listed since 1966), Virax (founded as Debard in Chateauroux in 1905) and Fonderie de Precision . After a decade of restructuring, the group begins its international expansion with the acquisition of the Spanish foundry Alumalsa in 1987 and the establishment of three new foundries in 1988 and 1989 in France, Canada and Northern Ireland. After a severe existential crisis between 1991 and 1996, the group was able to resume growth from 1997 with the expansion of the existing locations, the construction of a new foundry in Mexico and the takeover of another foundry in Northern Ireland.
In 2008 production started at a new location in Bulgaria while two locations in Northern Ireland and Canada were closed. At the end of 2009, the group acquired the assets of Fonderie de Poitou Aluminum (based in Ingrandes, France). In June 2010, the group sold its subsidiary Française de Roues , which was active in the manufacture of car rims, and in April 2012, Fonderie de Poitou Aluminum after its bankruptcy. The group has also been active in India since November 2013 via Jaya Hind Montupet, a joint venture between Montupet and the Force Motors Group.
In October 2015, Linamar announced the purchase of Montupet for EUR 771 million; After a successful public takeover offer, the company was taken off the stock exchange in February 2016.
Locations
- France: Laigneville and Châteauroux
- Spain: Zaragoza
- Bulgaria: Ruse
- Mexico: Torreon
- Northern Ireland: Belfast
Web links
Individual evidence
- ↑ a b Annual Report 2012. (pdf) Montupet, accessed on January 7, 2014 (English).