Presentation Kendrion Electromagnetic

Investors day
27 November 2007
Introduction of
Kendrion Electromagnetic
Management: Group Director
Heinz Freitag
Mechanical Engineer
Learning years in Binder
1978 – 1984
Back since
1989
Managing Director
1991
2
History of Kendrion Electromagnetic
Binder Magnete founded in
1911
Reorganization (turnaround) in
1992 – 1994
Takeover by Schuttersveld
1997
New name Kendrion
2000
Acquisition Thoma Magnete
2000
Acquisition Hahn Magnete
2001
Acquisition Linnig Antriebstechnik
2007
3
Main facts (ex. Linnig)
9 14 Mill. Solenoids/year
Production in:
9 Turnover 150 mill. €
9 10 Companies
9 1146 Employees
9 8 Countries
Sales in:
Country
Germany
Villingen
Donaueschingen
Engelswies
Austria
Czech Republic
Spain
China
Employees
Switzerland
UK
Austria
USA
18
11
5
2
320
150
130
260
140
10
100
4
Plant Villingen, Germany
5
Plant Donaueschingen, Germany
6
Plant Engelswies, Germany
7
Plant Eibiswald, Austria
8
Plant Hausen, Switzerland
9
Plant Prostejov, Czech republic
10
Plant Zaragoza, Spain
11
Plant Suzhou, China
12
Sales office Bradford, UK
13
Sales office Auburn Hills, USA
14
Sales office Linz, Austria
15
Production Know-how
- Product-specific assembly line
- Highly automated production
16
Production Know-how
- State of the art production technology
and assembly plants
- Integrated 100% end of line testing
for each product
17
Market and
and Competitive
Competitive Landscape
Market
Market characteristics
Size
> 3 Billion € world wide
(1.5 Billion € in Europe)
Historical
sales trends
- Technology driven, over
engineered
Factors
impacting
trends
- Outsourcing by big OEM‘s
(active partners)
- Looking for problem solver
(global competitiveness)
- Cost pressure
- Global presence
Main competitors
Harting
NASS
EKS
Thomas
small competitors
world wide
Bosch
Lenze
Borg Warner
Warner Electric
Kuhnke
ETO
Schulz
Consolidation is
a must
in this
fragmented
market.
KEC
18
Customers
Customers
Type of contracts
2% 2% 2%
3%
3%
4%
4%
50%
- 60 % long term > 5 years
- 25 % applications
- 15 % standard
10%
8%
Customer sales drivers
12%
Bosch Rexroth
Schindler
Stoll
Automotive Ligthing
Bosch
Hydraulikring
Hella KG
ZF Lemföfer
Siemens AG
Daimler
Others
- Technology
- Problem solver
- Global positioned (NA, Asia)
- Price
Company dependency on customers: low
19
KE clear market and production strategy
To use our unique selling points for niche market leadership
- Magnetism experience since 1920
- BINDER brand
- The only one in the market with mass production experience and
Know-how for all product types
- shift solenoids
- valve solenoids
- brakes
- clutches
for Automotive and Industrial applications.
Innovation power
20
Global presence
- Europe
- USA
- China
markets with production presence
21
21
Focused
Limited niches
innovation leadership by R + D synergies
Clear structure
efficiency
decentralized, unbureaucratic
Kendrion Electromagnetic
Automotive
Industrial
Cars
Magnetic Systems
Busses
Power Transmission
22
Focused acceleration
Worldwide increasing importance for:
- Safety
- Environment
target markets for KE
- Comfort
New acquisition Linnig is exactly in line:
Focused on fuel – consumption
and comfort.
23
Why LINNIG?
Fully in line with Kendrion strategy
- Market leader in his niche
- Excellent growth potential
- Magnetism for R + D synergies of innovation
- Good profitability
24
Headquarter of Linnig Group
25
Bus-application of Linnig
26
Linnig products in bus applications
Linnig products
- Angle gear fan drive
- Fan bracket
- Torsional vibration damper
- Deflection pulley
- Compressor clutch
27
Main facts
Facts and figures:
-
Turnover 40 Mill. Euro
5 Companies
210 Employees
5 Countries
Production in:
- Germany
- USA
- China
- Mexico
- Brasil
160 Employees
15 Employees
10 Employees
15 Employees
10 Employees
28
Product and application examples
Kendrion - your hidden
partner in the daily life!
29
06.00 AM
Good morning!
- Welcome to a day full of
electromagnets
- You will get in contact with thousands
of magnets produced by Kendrion
Electromagnetic
!
ck
cli
Why magnets are
related to electricity..
- 06.00 AM - you switch on the light
30
06.00 AM
Stroke magnet
Generator
steam
a
Electromagnets for electricity
- Power plants produce the
energy for your light
- Stroke solenoid are used as
switches directly in the primary
pressure circle
Pressure tank
Furnance chamber
31
06.00 AM
High voltage
line
a
Electromagnets for electricity
- Electric power stations transfer
energy to run your light
- Stroke magnets are used as a
switch to connect electric
circuits
Transformation
station
a
Solenoid for
actuation
32
06.30 AM
Bild von der Zeitung
Conveyor belt
Magnets for your daily mail
- 06.30 AM - time for your daily
newspaper and mail
- Electromagnets are used for
turning a switch in high speed
mail sorting systems
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Turning magnet
to turn the switch
33
06.55 AM
thread role
Stroke magnet
Electromagnets for your clothes
STOLL
STOLL
- 06.55 AM - put on your jacket –
It‘s cold outside
- Hundreds of small magnets are
used in industrial knitting
maschines
- They make sure that the thread
reaches the right position
34
07.00 AM
Electromagnets for automobiles
- 07.00 AM – You enter your car
and start the engine
!
sh
pu
Why magnets are
related to your car..
35
07.00 AM
Gearshift
Electromagnets for safety
- You shift to drive mode and
your car moves on
- A shift lock magnet avoids
an unintential gearswitch into
the back drive
position:
P Park
You can switch the gears
mode:
D Drive
An electromagnet locks
the position
Stroke magnet
36
07.00 AM
Electromagnets for comfort
- Electromagnets make sure that
the shock absorber is regulated
exactly to the driving conditions
Regulating
Electromagnet
Tire
- The magnet is adjusting the
absorber by electrical impulses
37
While you drive comfortably to
07.00 AM
the office you think about
how your car has been built..
Electromagnets for xenon light
- It‘s still dark outside – you turn
on the light
- A stroke magnet moves a flap to
switch from dim light to long
distance light
38
07.15 AM
Permanent magnet
brake
[STOP]
Brakes for safety
- Robots are a key component of
automatisation
High dynamic
servo motor
- In case of a power loss
electromagnetic brakes stop the
movement
39
08.00 AM
Why magnets are related
to your company..
Electromagnets in your company
- 08:00 AM – The sun is rising
and you enter the company
- Although you are an early bird
you are using the elevator..
ck
cli
40
08.00 AM
Elevator drive with
electromagnetic brake
Brakes for safety
- Electromagnetic brakes are
used in elevator drives
b
Counter weight
- They hold the cabine when
the drive stops
41
08.30 AM
Electromagnets for safety
- 08.10 – During the way to
your office you are passing
many doors
Holding magnet
a
Metal plate
- Electromagnets release fire
doors in case of fire
42
08.30 AM – 06.00 PM
It‘s 08.30 AM and already now you have seen
thousands of electromagnetic components
which work invisible to
lock, secure, hold, brake, move and regulate.
Could you imagine how hard
life could be without these
nice components?
43
Worldwide Teamwork
Thank you!
44