Kspg ag wins orders for exhaust gas recirculation components worth over €300 million

press release

September 8, 2015

With a product range geared to the global trend toward environmentally sustainable mobility, KSPG AG – present in all major centres of the global automobile industry – is experiencing sturdy, steady growth. Just as in FY 2014, KSPG sales this year have so far outstripped the rate of growth of the international automotive industry as a whole.

During the first half of 2015, Rheinmetall Automotive generated sales of around €1.3 billion. Compared to the same period the previous year, the unit grew by 8%, once again significantly surpassing the 1% increase in global output. Even when adjusted for currency fluctuations, sales at Automotive were still up by some 5%.
About KSPG AG

With annual sales of around €2.5 billion in 2014, KSPG (formerly Kolbenschmidt Pierburg) is one of the world’s top 100 automotive parts suppliers. It is the “Mobility” wing of the Düsseldorf-based Rheinmetall Group.

Working at some forty production locations in Europe, North and South America, Japan, India, and China, KSPG’s 11,000 employees develop and manufacture components, modules and systems for powering current and future automobiles.
Present in major automotive markets around the globe, the company consists of three divisions: Hardparts, Mechatronics and Aftermarket. Trading under the name Kolbenschmidt, KSPG’s Hardparts division produces pistons for passenger cars and commercial vehicles, together with large pistons, engine blocks, cylinder heads and aluminium structural components. It also makes other castings, plain bearings, and continuous casting products.

Operating under the Pierburg brand, the Group’s Mechatronics division specializes in modules and systems for reducing harmful emissions, magnetic valves, actuators and valve drive systems, as well as oil, water, and vacuum pumps for cars, trucks and off-road vehicles.