Saar rubber

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CQLT Saargummi technologies Sarl

logo
legal form S.à rl
founding 1947
Seat Remich , Luxembourg
management
  • Cui Ling (President)
  • Lawrence J. Johnson (CEO)
  • Stefan Kurtze (CFO)
  • Patrick P. Heimpold (CRO)
Number of employees 7500
sales 600 million euros
Branch Automotive supplier
Website saargummi.com

The CQLT SaarGummi Technologies Services, Inc. , headquartered in Remich (Luxembourg) is a supplier of sealing systems for the automotive industry. The SaarGummi Group produces at a total of 17 locations in Europe, North and South America and Asia. The most important customers include Daimler , BMW , General Motors , Volkswagen / Porsche and Ford .

history

Founded in 1947 by Hellmuth Lemm and Paul Vogt as SaarGummiwerk, Hellmuth Lemm GmbH in the Saarland municipality of Büschfeld , which belongs to Wadern , the company initially dedicated itself to the manufacture of all kinds of rubber items as well as retreading and trading in car tires. After Hellmuth Lemm left the management in June 1948 and his shares were sold to the Vogt couple, the company was renamed Saar-Gummiwerk GmbH .

In 1954, the production of shoe soles, sole plates as well as brake and clutch linings began, and a short time later the new extrusion process for the manufacture of window sealing profiles for the automotive industry was introduced. At that time, the company employed around 480 people. When the Saarland was reintegrated into the Federal Republic on July 6, 1959, Saar-Gummiwerk GmbH was the largest manufacturer of sole plates in Germany, until economic difficulties in 1959–1963 and a major fire in 1964 forced the company to sell 50% of the company's shares to what was then Saarbergwerke AG in Saarbrücken . A year later, Saarberg acquired a further 26%. SaarGummi thus became a group company. The capital injection of the Saarbergwerke enabled u. a. the construction of new production halls and a new administration and social building. Large investments were also made in modernization. In 1967 Saarberg became the sole shareholder of Saar-Gummiwerk GmbH. In 1969, the company started producing construction profiles for windows, doors and facades. At the beginning of the 1970s the number of employees had risen to 1,500. From 1975 the manufacture of seals for the automotive industry became more and more important. In 1992 the first foreign subsidiary, "SaarGummi Iberica", was founded in Arganda del Rey, Spain (near Madrid), followed in 1997 by the " GoldSeal-SaarGummi " joint venture in India, in 1999 a location was opened in Brazil, and in 2000 it was founded in the Czech Republic from SaarGummi Czech as well as the takeover of the Thona Group with plants in the USA and Canada.

In 2003 the economic situation worsened, however, in 2004 the SaarGummi Group was sold by the parent company at the time, RAG Aktiengesellschaft in Essen, to the financial investor Orlando Management. The name was changed under the name SG Technologies GmbH . In 2007 the company was sold on to the financial investor Odewald & Compagnie ; "SG Technologies GmbH" became "SaarGummi Deutschland GmbH". On November 5, 2010, SaarGummi Deutschland GmbH filed for insolvency .

In June 2011, the SaarGummi Group was taken over by the state-owned Chinese conglomerate CQLT . CQLT ( Chonqing Light Textile Industry Holding ) is one of the top 500 companies in China.

Individual evidence

  1. Appointment of new board members. Retrieved August 14, 2019 .
  2. Numbers and facts ( memento of the original from March 23, 2014 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.saargummi.com
  3. ^ Parent company of the SaarGummi Group files for insolvency , press release of November 12, 2010

Web links