- Grupo Antolin

GRUPO ANTOLIN
forma
Nº72 - June 2015
GRUPO ANTOLIN ACQUIRES
MAGNA
INTERIORS
The acquisition means that together, the company
would have registered global sales of 4,062 million
euros in 2014 and had a workforce of over 27,000
employees.
On April 16, 2015, Grupo Antolin announced the largest operation in its history, the acquisition of the interiors division of the
Canadian company Magna for the sum of 490 million euros.
On the same day, the results obtained in the 2014 financial year
were presented, showing some magnificent figures that will
help it successfully carry out the purchase of Magna Interiors.
This operation, subject to approval by the competition authorities, will be completed in the third quarter of 2015.
page 2
SUMMARY
JOSÉ MANUEL TEMIÑO RECEIVES
THE HONOR AWARD FROM
CASTILLA Y LEÓN ECONÓMICA
AWARDS
Saarlouis in USA, Rosslyn in
South Africa & Trimtec in Brazil
Our CEO took advantage of the event to thank the Antolín family
for their trust and all the employees for their hard work page 8
pages 12 & 13
NEWS IN BRIEF
Presence at several forums
pages 14 & 15
LABOUR HEALTH AND SAFETY
In India, Mexico & Slovakia
page 16
INNOVATION
Sky-fx The end user voice
page 17
DESIGNING THE FUTURE
New concept of the vehicle
interior
page 18
ERNESTO ANTOLÍN, CHAIRMAN
OF GRUPO ANTOLIN, FINALIST
OF THE EY ENTREPRENEUR OF
THE YEAR AWARD 2014
Our Chairman has been the Spanish representative at the EY
World Entrepreneur Of The Year celebrated in Monaco page 9
BACK COVER
Geneva Motor Show
page 20
2 INFORMA
grupoantolin
IN COVER
june 2015
Grupo Antolin acquires
the interior of MAGNA
Becomes the THIRD largest global supplier of vehicle interiors
“We are leading the consolidation of the
industry in order to become more competitive
and offer the best solutions to our customers”
Ernesto Antolín, Chairman of Grupo Antolin
On April 16, 2015, Grupo Antolin announced the largest operation in its
history, the acquisition of the interiors division of the Canadian company
Magna for the sum of 490 million euros. On the same day, the results
obtained in the 2014 financial year were presented, showing some
magnificent figures that will help it successfully carry out the purchase
of Magna Interiors. This operation, subject to approval by the competition
authorities, will be completed in the third quarter of 2015.
This is the start of a new phase in which Grupo Antolin, on becoming the third largest global supplier, will play a leading role in
the automotive interior industry. It will double in size, reinforce
its already solid global platform and add new products and technologies that will allow it to fully equip the interior of a vehicle. In
short, it will become a more diversified and therefore more resistant company, one that will undoubtedly play an important role in
the automotive industry.
GRUPO ANTOLIN BEGINS A
NEW PHASE AS A LEADING
PLAYER IN THE AUTOMOTIVE
INTERIOR INDUSTRY
·It will become the third largest global supplier
of interiors
·It will double its current size, reaching sales
of more than €4 billion and a workforce of
over 27,000 employees
·It will reinforce its presence in key areas
such as Europe and the USA, and diversify its
customer and product base
·It will be able to fully equip the interior
of a vehicle thanks to new products and
technologies
grupoantolin
2015 june
INFORMA
A MORE DIVERSIFIED AND STRONGER
COMPANY
In an industry as competitive as the automotive sector,
size is key when it comes to responding to the major vehicle trends (comfort, sustainability, global platforms,
technology agreements with OEM’s, growth outside the
traditional markets).
The acquisition of Magna Interiors responds to the need to
create a larger and more solid industrial group, capable of
PRODUCTS
· Ability to offer the complete vehicle interior
· New products: Instrument panels
· New technologies for producing doors
· Global leadership in overhead systems
· Strong presence in seats and lighting
becoming a leader in the interiors industry and offering the
best solutions to the customers. It is a necessary step to
make the Group stronger through reinforcing its diversification in terms of technologies, customers and markets.
markets (Europe and United States) and with growth in
the automotive industry that is estimated to be 4.4% annually up to 2018, with expected increases of 2.7% in NAFTA,
3.2% in Europe and 7.4% in Asia Pacific.
Grupo Antolin has completed the most important operation of its history at its best moment. In 2014 it achieved
sales of €2,225 million and an operating profit of €175 million, figures that show the success of the company’s management model. The purchase also coincides with a significant improvement in the economies of its two largest
Financial soundness and a clear strategic direction are going to allow Grupo Antolin to successfully complete the
acquisition of Magna Interiors, the financing of which has
involved signing a five-year syndicated loan of €200 million
(which involves 10 banks headed by Deutsche Bank) and issuing a bond of €400 million.
PRESENCE
PRODUCTS
3
CUSTOMERS
The complementarity of the businesses of both companies is
one of the main attractions of this operation that will not only
increase the size of the company, but also see the arrival of
new resources and technologies that will help it to more successfully address new challenges.
Grupo Antolin will add instrument panels to its product portfolio, a product it has not manufactured until now. It will also
add key technology that will reinforce its doors unit. All of this
is added to its global leadership in overhead systems and its
solid presence in lighting and seats.
“We are very happy
to have found the
opportunity to acquire
a business that is so
complementary to
ours. This operation
allows us to perform
a consolidating role in
the vehicle interiors
sector and respond to
the demands of the
market. We will be more
competitive in technology
and have a greater
capacity to generate
economies of scale”
Ernesto Antolín
Chairman of Grupo Antolin
Instrument panels will create a fifth
Business Unit. From now there will be
Overhead Systems, Doors, Seating, Lighting
and Instrument Panels.
4 INFORMA
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june 2015
PRESENCE
PRODUCTS
CUSTOMERS
INTERNATIONAL PRESENCE
· Strong presence in the major automotive markets:
· Global platform to respond to the needs of customers
- Greater presence in the USA, where it will gain weight in
the doors area
- Consolidation in Europe and an extremely important
industrial position in Germany and the UK
- Reinforcement of its presence in China
“The key reasons for
purchasing Magna have been
to increase our presence in
the United States and with
high-end customers”
In terms of international presence, Grupo Antolin will reinforce
its position in key markets for the industry with a strong presence in Europe, North America and Asia. This operation will allow for the consolidation of a global platform and will extend
relationships with the customers.
+
María Helena Antolín
Vice-Chairman of Grupo Antolin
GRUPO ANTOLIN
PRODUCTS
PRESENCE
MAGNA INTERIORS
CUSTOMERS
CUSTOMERS
The Group has the support of its customers to complete the operation. The market is experiencing a time of consolidation and
vehicle manufacturers need increasingly large suppliers to help
them innovate.
· Presence in all segments of the industry and reinforcement of
its position with some, such as: Jaguar-Land Rover, BMW and
Mercedes
· Well-balanced portfolio
In this context, complementarity in the customer portfolio has become one of the most important aspects and Grupo Antolin will expand its presence in all segments and strengthen its position with
General Motors, Jaguar-Land Rover, BMW and Mercedes.
· Consolidation of long-term relationships
· The operation is supported by the customers
.
BMW Daimler
€627 M
2000
Renault Nissan
Others
GM
PSA Group
Ford
Volkswagen Group
€1,685 M
2007
Daimler
“Our customers have
encouraged us to complete
the operation given that we
are an industrial partner,
a family company with
a long-term project that
relies on the support of our
shareholders”
José Manuel Temiño
Others
BMW
GM
Chrysler PSA Group
Renault Nissan
CEO of Grupo Antolin
Volkswagen Group
€2,225 M
Daimler
2014
TATA Group
Jaguar
Land Rover
Ford
BMW
GM
Hyundai
KIA
PSA Group
FIAT-Chrysler Group
Renault Nissan
Volkswagen Group
Ford
€4,062 M
TATA Group
Jaguar
Land Rover
2014
PF COMBINATED
Others
Others
Hyundai
KIA
PSA Group
GM
Daimler
Renault Nissan
BMW Group
Ford
FIAT-Chrysler Group
Volkswagen Group
grupoantolin
2015 june
INFORMA
IN
OVERHEAD
2010
DOOR
22
86
IN
SEATING
COUNTRIES FACILITIES
OVERHEAD
2014
DOOR
25
125
SEATING
WITH MAGNA INTERIORS
LIGHTING
COUNTRIES SALES
€1,780 M
11,788
EMPLOYEES
FACILITIES
OVERHEAD
27
161
DOOR
SEATING
5
TODAY
LIGHTING
COCKPIT
COUNTRIES FACILITIES
SALES
€2,225 M
15,400
EMPLOYEES
SALES
€4,062 M
27,000
EMPLOYEES
TRUST IN THE EXPERIENCE OF GRUPO
ANTOLIN Grupo Antolin is a family business with a sound shareholder that
has an ambitious business project for the future. The Antolín family has shown its long-term commitment to the company and its
staff. Both companies also have strong management teams which
are highly committed to the success of the operation. Despite the
possible cultural differences, the two companies have one very important thing in common: their desire for leadership.
A QUICK AND PROFESSIONAL MERGER
· Grupo Antolin has created a merger team with professionals from
both companies
FINANCIAL STRENGTH
· At first, the exchange of best practice will be encouraged
·Strong results in 2014
·Sales, +6.8%
·Ebitda, +18.7%
· Creation of a new business unit
INTERNATIONAL PRESENCE
The Group will add a fifth Business Unit: overhead systems,
doors, seats, lighting and instrument panels. Over the approximately two years that the integration process is expected to
last, the services of Antolin will be incorporated and then the
factories will be grouped by division.
· 4 new factories in 2014
· 36 more factories are added to the 125 GA ones
· Present in 27 countries
INNOVATION
·+20.7% investment
·3.1% sales
·900 R+D+i engineers
FAMILY COMPANY
·Commitment to the shareholders.
· Long-term project
A team has been created to handle the merger process. This is
made up of professionals from both companies and it will have
all the resources necessary to ensure that the best practices of
each company are established.
The headquarters of this division will be established in Munich
(Germany) where the third Antolin R+D center will be created,
which will be made up of a team of almost 200 engineers. This
center will be complementary to the benchmark technological
center in Burgos.
THE PROFESSIONALS, THE KEY PLAYERS
The staff has been fundamental in this operation. The final Grupo Antolin will have a workforce of around 27,500 people.
Grupo Antolin has a committed and professional workforce that
has proven its worth over the years to become a leader in the
automotive industry. This commitment will be reinforced by
having the professionals from Magna who have shown ample
proof of their ability and will carry out highly skilled tasks in areas that are unknown to the Group.
“We are going to carry out
a simple and professional
merger in which we will
incorporate all the talent
of Magna Interiors into the
Group and strengthen our
international profile”
Jesús Pascual
COO of Grupo Antolin
6 INFORMA
grupoantolin
june 2015
Grupo Antolin achieves
market support again
WITH A 7-YEAR MATURITY AND YEARLY FIXED COUPON OF 5.125%
AND IMPROVES ITS LONG TERM FINANCING CONDITIONS
THE TRANSACTION SECURES THE
FUNDS THE COMPANY NEEDS TO
FINANCE THE ACQUISITION OF MAGNA
INTERIORS
GRUPO ANTOLIN HAS IMPROVED
THE FINANCING COST OF THE €400
MILLION SYNDICATED LOAN SIGNED
LAST YEAR BY 50 BASIS POINTS
THE COMPANY’S FINANCIAL STRATEGY
ENABLES IT TO ACHIEVE SUCH
COMPETITIVE FINANCING COSTS
PICTURE: WWW.LIBREMERCADO.COM
The City of London, where financial
products worth almost $2 trillion are
bought and sold every day, a third of the
total money that moves on the planet
Grupo Antolin announced June 10 that its subsidiary Grupo Antolin
Dutch B.V. has completed the pricing of its €400 million aggregate
principal amount of senior secured notes with an annual interest
rate of 5.125%.
This bank financing facility has already been closed and the company has taken the opportunity to refinance the terms for a similar
€400 million loan signed last year with its usual bank syndicate
and which has improved by 50 basis points.
The transaction has received an oversubscription of three times.
Analysts were particularly impressed by the experience of the company and the opportunity the company has with this acquisition
that means a clear support to Grupo Antolin’s growth strategy.
The company’s financial strength has been a major asset in achieving this excellent financing and ensuring the unanimity of all
members of the bank syndicate to approve the amendment to the
agreement signed last year.
The acquisition will be financed by a €400 million issue plus a €200
million syndicated loan at five years and a Euribor +2.75% margin.
The bonds, which trade on the Luxembourg market, have been rated by the agencies Standard & Poor’s and Moody’s. ▪
grupoantolin
2015 june
INFORMA
7
2014, better than the
previous year
GRUPO ANTOLIN REACHED REVENUES
OF €2,225 MILLION AND AN
OPERATING PROFIT OF €175 MILLION,
38% MORE THAN IN 2013
STRONG PERFORMANCE IN EUROPE
AND ASIA-PACIFIC, WHICH ALLOWED
FOR THE INCREASE IN TURNOVER
GRUPO ANTOLIN INCREASED ITS
SALES IN SPAIN BY 13% OVER THE
PREVIOUS YEAR
DOORS, SEATING AND LIGHTING
DROVE THE COMPANY’S EBITDA
TOTAL INVESTMENT GREW BY 24.1%
TO €143.49 MILLION, AND THE R&D
EFFORT INCREASED BY 20.7%, TO 3.1%
OF SALES
THE WORKFORCE REACHED 15,469
EMPLOYEES, WHICH REPRESENTS A
GROWTH OF 4.3
THESE FIGURES, REFLECT THE SUCCESS OF THE INDUSTRIAL,
SALES AND FINANCIAL MANAGEMENT MODEL OF THE COMPANY
In 2014, the revenues of Grupo Antolin increased by 6.7% reaching €2,225 million,
surpassing growth in the market. These outstanding results reflect the effort made by
Grupo Antolin to meet its targets as well as the excellent level of competitiveness attained.
The Group consolidate improved its Ebitda and Ebit margins
reaching 12% ans 7.9% respectively. Ebitda grew by 18.7% to €267
million, whereas for the Ebit, the improvement was of 38% reaching €175 million.
Moreover, the high degree of diversification achieved by the company along its product-territory-client axes, has become a differential value and a protective mechanism that helps reduce potential
negative impacts arising from adverse situations in any of these.
Thus, the weak performance of the automotive sector in Mercosur
during 2014, was offset by its improvement in the territories of Europe and Asia-Pacific.
INVESTMENT COMMITMENT Grupo Antolin increased
its investment by 24.1%, to €143.49 million, in order to have
appropriate solutions to its clients.It is worth highlighting the
company’s commitment to R&D and innovation. In 2014, Grupo
Antolin increased the funds destined for this area by 20.7% to reach
3.1% of total sales.
CLIENTS Our main clients by order of billing were: Ford Motor
Co., Volkswagen Group, Renault-Nissan and Fiat-Chrysler. In
2014 the most significant increases were reflected by Daimler and
Renault-Nissan with a percentage increase of 23.9% and 17.9%
respectively.
TERRITORIES By region, Grupo Antolin recorded noteworthy
sales increases in Asia-Pacific (+28.4%) and Europe (+11.7%), with
a more moderate performance in North America (+1.3%). In
Mercosur, the company has felt the effects of a slowdown in the
automotive industry and its sales fell by 34.8%.
The significant performance of Grupo Antolin in Spain should be
highlighted. The first signs of economic recovery as well as the
improved outlook of automobile manufacturers has enabled the
company to improve its figures compared to the previous year and
increase its sales by 13.3%.
FUNCTIONS The greatest sales increases were recorded in
the Seating Business Unit (+10.5%), driven by the projects of USA
Peugeot Citroën and Daimler and the overall evolution of the
sector in Europe. The Lighting business unit has grown (+26.5%)
thanks to the new programs that came in at the end of 2013 and
the good progress in the European and Chinese markets.
The growth in Doors reached 7.8%, benefitting from a greater exposure to Europe, thus offsetting the impact derived from the drop
in the Brazilian market and the effect of the exchange rate.
On the other hand, the Overhead systems Business Unit has recorded a more moderate growth rate than the other business
units, (+3.4%), due to the situation in the Brazilian market, the effect of the exchange rate and the end of a series of projects in the
Nafta area that will be replaced in 2015.
WORKFORCE
During 2014, Grupo Antolin increased its
aggregate workforce by 4.3% to with significant increases in
Spain, rest of Europe and Asia Pacific. In Asia, the world’s leading
automotive market, the workforce rose to reach 2,867people
spread across China, India, Japan, Thailand and South Korea. In
Spain the workforce now stands at over 2,636 people, representing
a growth of 4.4%. These figures are a sign of the strong performance
of the automobile industry which has become one of the main
worldwide creators of jobs. ▪
“The company has
improved its operating
and financial metrics
and continued on its
profitable growth path.
Its experience in the
sector, its commitment to
efficiency and its control
of investment will help
ensure the company’s
financial health”
Luis Vega
Chief Financial Officer
of Grupo Antolin
8 INFORMA
grupoantolin
AWARDS
june 2015
JOSÉ MANUEL TEMIÑO
The Honor Award from Castilla y León Económica
On May 28 in Valladolid, the CEO of Grupo Antolin, José Manuel Temiño, received the Honor Award from the magazine Castilla y León Económica and took the opportunity to explain the secrets behind the success of the company.
Almost 800 people took part in the II Castilla y León Económica Awards for Best
Director which was held in Auditorium I
at the Feria de Valladolid and was attended by María Dolores Dancausa, CEO of
Bankinter, and Francisco Román, President
of Vodafone Spain.
José Manuel Temiño, CEO of Grupo Antolin together with Begoña Hernández, acting Deputy
Minister of Economic Policy, Enterprise and Employment.
At the ceremony for the II Castilla y León
Económica Awards for Best Director,
José Manuel Temiño Estefanía, CEO of
Grupo Antolin, highlighted that since the
beginning of the company, “creativity
and customer satisfaction have been and
remain the values that have influenced
our actions and which I consider the keys
to our business success”.
Moreover, Begoña Hernández, acting
Deputy Minister of Economic Policy,
Enterprise and Employment, highlighted
the importance of “recognizing the work
of the directors from our autonomous
community, who have had to do
everything in their power to ensure that
their companies are more competitive
each day, despite the severe difficulties
that have been part of both the national
and international economic outlook”.
During his speech, José Manuel Temiño
underlined the trust placed in him by the
Antolín family which has allowed him to develop the business which has now reached
a size that was unthinkable when he first
joined. He also shared the secrets of success
for the company in which creativity, leadership and customer satisfaction have undoubtedly played a fundamental role. He also
mentioned the diversification of Grupo Antolin (product, territory and customers) which
placed it in a better position to successfully
overcome the most difficult moments.
José Manuel also underlined the importance
of the people working at the company. He
highlighted the strong desire of the group
to have its own technology, resulting in it
having over 800 people across the world
dedicated to innovation, a figure which has
grown by 50% over the last 4 years, and investing an average of 3% of its sales in R+D+i.
To finish, he referred to the new senior
management, the new generation headed by Ernesto and María Helena Antolín,
which in the words of Temiño “has been
responsible for driving through an important period of inorganic growth that will
practically double the size of our group and
strongly consolidate our company as one
of the top 3 worldwide in the field of coverings for vehicle interiors”. ▪
AWARD WINNERS The winners at the II Castilla y León Económica Awards for Best Director were José Manuel Temiño Estefanía, CEO of Grupo Antolin,
Honor Award; Miguel Calvo, CEO of Grupo Norte, Best Company Director in Castilla y León; Ismael de los Mozos, Director of GSK in the Aranda de Duero factory
(Burgos), Multinational located in Castilla y León; José Manuel García Bejines, Finance Director at Queserías Entrepinares, Financial; David Villagrá Blanco,
Marketing Director at Facundo Blanco, Sales and Marketing; David Herguedas Simón, Human Resources Director at Gadea Grupo Farmacéutico, Human
Resources; Guillermo Pérez Valle, Sales Director at Bodega Cuatro Rayas, Exporting and Internationalization; Enrique Cobreros, Director of AEICE Construcción
Eficiente, R+D+i; Enrique Valero Quintana, Managing Director of Abadía Retuerta, Quality; and Daniel Carreño Álvarez, President of General Electric España
and Portugal, Director from Castilla y León who is successful elsewhere.
PICTURES COURTESY OF CASTILLA Y LEÓN ECONÓMICA
AWARDS
2015 june
grupoantolin
INFORMA
9
ERNESTO ANTOLÍN
The finalist of the World EY Entrepreneur Of The Year Award 2014
Ernesto Antolín, Chairman of Grupo Antolin, was the winner of the national EY Entrepreneur Of The Year Award 2014 award
from a total of fourteen finalists from thirteen companies. Our Chairman was presented with the award by the Minister of
Industry, Education and Tourism, José Manuel Soria, in a ceremony held on February 27 at the Royal Tapestry Factory in
Madrid which was attended by over two hundred representatives from the worlds of business and academia.
During the award ceremony, Ernesto Antolín
outlined that: “Grupo Antolin’s recipe for success is based on common sense, hard work
and a little luck. These are the main ingredients, but you have to season them with a
pinch of commitment, humility and concern
for people”.
In this regard, he highlighted the effort of the
founders, as well as the commitment shown
by all the employees: “On a day like today, I
would like to share this award with them.
Without their efforts, dedication and commitment I would not be here. Our project for
the future is encouraging and I am convinced
that the best chapters of our history are yet
to be written”.
Global Entrepreneurs Gather
in Monte Carlo for the 2015
EY World Entrepreneur Of
The Year Award
Ernesto Antolín was also the Spanish representative in the world EY Entrepreneur of the
Year Award that was hold 4-6 June in Monaco. María Helena Antolín, Vice Chairman of
Grupo Antolin, was also attended the event.
65 Entrepreneur Of The Year winners from 53
countries competed for the world title and
cement their legacy by entering the EY World
Entrepreneur Of The Year Hall of Fame in
Monte Carlo. The winner was announced at
a ceremony on the evening of Saturday, 6th
June at Salle Des Étoiles. Mohed Altrad, the
founder and CEO of Montpellier-based Altrad
Group, was named EY World Entrepreneur Of
The Year 2015.
As well as the awards, this year’s program
includes a series of keynote speeches, panel
discussions and events of special interest to
entrepreneurs and influential business leaders in attendance. Under the theme “How are
you reshaping our world?” the sessions will
look at the impact entrepreneurs can make
and the legacy they can leave, and in particular the global issue of youth unemployment. ▪
PICTURES COURTESY OF EY
Now in its 15th year, the EY Entrepreneur Of The Year Award is considered the world’s most
prestigious business award for entrepreneurs.
The world’s most successful and innovative entrepreneurs descend on Monte
Carlo 4-6 June ahead of the 2015 EY World Entrepreneur Of The Year Award.
Three day forum addresses impact entrepreneurs can make and the legacy they can
leave through the innovations, jobs and economic growth they create, all of which help to
build a better working world.
10 INFORMA
grupoantolin
COVERS NEWSLETTERS
21 years
of our
newsletter
INFORMA +
2015 has become a turning point in our history. Changes in senior management, our best
financial results, and the acquisition of a company that will position us as the world’s third
largest supplier of automotive interiors. Grupo Antolin is now a larger, stronger, and
more diversified company.
Since its inception in 1995, our corporate newsletter has witnessed the growth of our company. 21 years in which we have seen how Irausa became Grupo Antolin, how we changed
our image, how we diversified our products and customers, and how we became bigger
and more international.
News
Autumn 2012 · nº 64
GRUPO ANTOLIN
VALIDATION
in Grupo Antolin
A world leader in the
automotive sector
José Antolin
Gold Medal
from the City
of Burgos
CENIT MAGNO
PROGRAMME
draws to a close
june 2015
grupoantolin
2015 june
INFORMA
11
· Noticias
News
Winter 2009 · nº 56
GRUPO ANTOLIN
We interview the
Chief Operations
Officer
Electric vehicles
The environmental friendly alternative
OTOTRIM
Our bet in Turkey
Adapting to our clients
Grupo Antolin-Cambrai
72 issues that summarize our history and in which we have put together
a variety of materials in a number of sections about our facilities, visits,
awards, interviews, and specials about the automotive world.
Throughout all these editions we have retained a magazine format which now,
coinciding with the expansion of Grupo Antolin, we have decided to revamp to make
it into a true reflection of the size, capacity, and expertise of our company.
So we are going to use a new newspaper-size format, a great showcase that covers
the most important events that affect us with a more spectacular image and
ingenious and contemporary design to make reading it easier through big
headlines, photography, and infographics.
INFORMA is a great means of communication which is to be the meeting
point for Grupo Antolin employees. It is a channel open to all who wish to
take part and who send us via the heads of human resources in each of our
facilities the news they want to share in this new medium.
Now + more than ever, work with INFORMA
[email protected]
12 INFORMA
grupoantolin
AWARDS
june 2015
THE WINNING COMPANIES OF
HYUNDAI SUPPLIER OF THE
YEAR AWARD:
Business Management
Grupo Antolin-Trimtec
(headliners)
Best Global Supplier
Maxion Wheels (wheels)
Quality
Mahle Metal Leve (filters)
Competitiveness
Dongwon Brazil (door frames
and windows)
Delivery
Pirelli (tires)
Excellence in Procurement
Axalta Coating Systems (paint
systems)
Excellence in Customs Services
Ecoporto (port logistics)
Excellence in Industrial
Integration Services
JSL Group (logistics)
William Lee, president of Hyundai Motor Brazil & Pablo García, Grupo Antolin South America regional manager
Grupo Antolin-Trimtec awarded
by Hyundai Brazil at ‘The Best
Suppliers of the Year’ ceremony
The second edition of the Hyundai Supplier of the Year Award in Brazil was held,
with the awarding of the best partners
in 2014 during the suppliers meeting on
February 26 in the industrial complex of
Piracicaba (SP), the headquarters of the
Korean brand in the country and where
it manufactures the HB20 models. Based
on the concept QCDM,
Quality, Competitiveness, Delivery and
Management, the company evaluates
and selects the best suppliers in seven
categories, with the aim of encouraging
the achievement of better results.
“Hyundai strives to keep a business relationship of partnership and reciprocity,
encouraging its suppliers to seek greater
efficiency at all times, both in quality and
best price. The competitiveness of suppliers is essential for the competitiveness of
Hyundai”, emphasized William Lee, president of Hyundai Motor Brazil during the
event. The executive also stressed that
all initiatives for local components in accordance with Inovar-Auto “ will always
be supported and valued by Hyundai.”
The most relevant award went to Maxion
Wheels, a manufacturer of automotive
wheels, which won the best supplier of the
year by achieving the highest score in most
of the seven categories, with superior performance in Quality, Delivery and Business
Management. ▪
Pune chose QUALITY
The Grupo Antolin Quality circle team called “Turbo” has participated in the National level Quality circle competition, held
at Pune, India. Organized by Quality circle Forum of India and
won the “Excellence” award. There are about 2000 team participated in the Competition and we are one among the team
won this award.
Earlier our Chennai team participated at the state level competition held at Tuticorin, Tamilnadu and won the Gold Prize. The
state level qualification is mandatory to participate in the National level.
QCFI (Quality Circle Forum India) is recognized as the institution
representing The Quality Circle Movement In India and has represented the country in several international forums. ▪
The team who won the Excellence award
2015 june
AWARDS
GA-Logistik Deutschland (Saarlouis)
top-performing supplier for Ford
Ford honored its top performing global suppliers during the17th annual World
Excellence Awards. Fifty-two awards are
being presented to suppliers who exceed
company expectations and distinguish
themselves from their peers by achieving
the highest levels of global excellence in ten
categories.
GA-Logistik Deutschland (Saarlouis) got a
Silver Award in the category of Production
for having demonstrated superior quality,
delivery and cost performance throughout
the year. Pablo Baroja, director of Grupo
Antolin NAFTA region, collected the award
on behalf of Saarlouis in a ceremony hold
on May 21 at Deaborn. The award was given
by Mark Fields and Hau Thai Tang.
grupoantolin
INFORMA
13
“Ford’s World Excellence Awards allow us
to recognize and thank our partners who
support us in all we do,” said HauThai-Tang,
group vice president, Global Purchasing. “In
a year with a record number of global product introductions, these companies demonstrated a strong commitment to both quality and performance, and we’re honored that
they are a part of our ONE Ford team.” ▪
Picture from the event held on May 21, 2015. From left to right: Hau Thai-Tang, Group Vice President, Global Purchasing of
Ford Motor Co., Pablo Baroja, NAFTA region director of Grupo Antolin and Mark Fields, President and CEO of Ford Motor Co.
Rosslyn wins
the Ford Q1,
the highest
quality level in
the automotive
industry
Grupo Antolin-South Africa’s Rosslyn plant
was presented with the Ford ‘Q1 Award’ at
a ceremony held on April 23. Q1 is an award
that is given to Ford Motor Co. preferred suppliers for certifications and improvements
that go beyond standard industry requirements. ▪
Ford and GASA Senior Staff from left: Paul Rossouw (Ford Purchasing Manager), Nicole Wanliss (Ford Buyer – Interior), Robert van den Ordel
(GA South Africa incoming General Manager), Peet Du Plessis (Ford STA Responsible - Interior) Henry Mayers (Ford STA Manager Interior),
Miguel Angel Monje Ramirez (GA South Africa exiting General Manager) & Paul van der Merwe (GA South Africa Rosslyn Plant Manager)
14 INFORMA
grupoantolin
FORUMS
june 2015
PICTURES COURTESY OF CDTI
Javier Villacampa (Grupo Antolin), José Luis Angoso (INDRA), Carlos Buesa (Oryzon Genomics), Manuel Desco
(Hospital Gregorio Marañón), José Gortázar (CAF), Fernando Temprano (REPSOL), provided their vision of public-private
partnerships and the role that the CDTI plays in this field.
Villacampa “Cooperation
is fundamental for
developing the innovation
strategy of GA”
Javier Villacampa, director of
Corporate Innovation at Grupo
Antolin, spoke at a round table
organized by the CDTI (Center for
Industrial Technological Development) on March 18, which took
place as part of the “Actions and
new subsidies from the CDTI in
2015” conference held in Madrid at
the Eurostars Madrid Tower Hotel.
During his speech at the round table,
Javier Villacampa emphasized the
value of cooperation. Cooperation
between business units and with
companies from different sectors,
research centers and/or universities,
which already have developed
knowledge and talent available
to create solutions where both
parties contribute and learn, and all
reflecting the high demands of our
sector. And where the technological
challenge of innovation is added
to the truly short deadlines that
are required, given that innovative
solutions are linked to product
life cycles of 3 to 5 years. He also
stressed the innovative nature of
our components sector, whose
A new Marketing
initiative in Burgos
investment in R+D+i as a proportion
of sales is three times higher than
the industrial average in Spain.
The event, which was attended
by around 1,000 people, including
those from the business and innovation world, was also attended by the Secretary of State for
R+D+i, Carmen Vela, the General
Director of CDTI, Francisco Marín
and the President of the public organization, María Luisa Poncela,
who unveiled the new CDTI areas
of action for 2015. Among these
was the launch of a private equity
fund to support Spanish mid-cap
companies with demonstrated
technological abilities. This initiative aims to mobilize a total
investment of between 400 and
600 million euros, of which 100
million will be provided by CDTI
itself. ▪
Villacampa highlighted that R+D+i is in
the DNA of the automotive components
sector, with investment 3% higher than the
national average, and of the manufacturers
of vehicles themselves present in Spain. He
also defined this sector as one of the most
aggressive in terms of deadlines. Research
is not done on the basis of an undefined
future, but rather with a clear period in
which the innovation in question has to be
ready. CDTI ensures that the collaborators
who work with Grupo Antolin can have
the resources necessary to help with
developments and therefore contribute to
reducing the time-scales.
This is a meeting point to learn about the new market strategies, discover new tools and
hear first-hand about successful experiences.
The Caja de Burgos Foundation and the San Pablo
Castilla y León CEU Foundation have launched the
CEU Marketing Forum in Burgos.
The CEU Marketing Forum, which will be located in the
Palace of Saldañuela, constitutes a space to learn about
new marketing strategies, discover ways to achieve excellence in their implementation, identify skills, behaviors and
trends, find out about new tools, improve their use and
learn first-hand about successful experiences.
The official opening took place on April 21 with a round table
“Marketing in the company: current situation and trends”,
which involved a discussion of the marketing structures and
tools currently used by companies in Castilla y León, as well
as changes to habits, behavior, the ways in which consumers relate and communicate, and how these affect the marketing of companies. ▪
Taking part were: Rosalía Arribas Fernández, Head of the Marketing Department at Grupo Antolin; Cayo Sastre García,
sociologist and author of “McMundo: un viaje por la sociedad de consumo” (McWorld: A journey through a consumer
society); Ana Carretero Ortega, Head of Corporate Communication at the Caja de Burgos Foundation; Javier García Manjón,
Head of the Marketing Department at Tierra de Sabor; and Cristina Pérez Villegas, Partner of Nueve Comunicación and expert
in on-line marketing and digital communication; The debate was moderated by Santiago Sousa Carreira (far left), Director of
the Academic Department of Commercialization and Marketing at the CEU San Pablo-Castilla y León Business School.
grupoantolin
FORUMS
2015 june
INFORMA
15
From left to right: Blanca Montero, Deputy Director General of Banco Sabadell; Valentín Díez Morodo, President of the Mexican Business Council for Foreign
Trade (COMCE); Carlos Espinosa de los Monteros, High Commissioner of the Government for the Spain Brand and moderator of the event; María Helena
Antolín, Vice-Chairman of Grupo Antolin, and Juan Manuel González Serna, President of Grupo Siro.
The Barreiros
Foundation
recognizes Grupo
Antolin as an
“example of success”
María Helena Antolín, Vice-President of Grupo Antolin,
spoke at the “Entrepreneurs in Industry” meeting, organized by the Barreiros Foundation and the IE Business School.
PICTURES COURTESY OF BARREIROS FOUNDATION
During the event, which took place on May 11 in Madrid,
the state of the Spanish industrial sector was analyzed and
Grupo Antolin was highlighted as an example of a successful business.
María Helena underlined the importance of the industry
in terms of strengthening a developed economy and especially emphasized that in our country there are sectors
that have demonstrated enormous competitiveness even
during the worst years of the crisis. She highlighted the role
that the components sector has played in the success of
the automotive industry in Spain.
Regarding the keys to success for Grupo Antolin, she noted
that “there are four basic pillars that sustain the company’s
strategy: being a family business with committed shareholders, financial strength, internationalization -which has
led to us being present in 25 countries- and innovation”. ▪
14th University
of Burgos
Employment
Forum
As is normal at this time of year, the University of Burgos Employment Forum
has been taking place. Its 14th edition
was held on May 13, 2015, in the Forum
Evolution Conference Centre.
The Human Resources team at Grupo
Antolin was present throughout the entire day, which was attended by more
than fifty companies. Specifically, Grupo
Antolin took part by organizing a stand
which it used to provide information
about the company and collected CV’s
from the forum attendees who came
along to hand them in. The profiles of
the people who attended were varied:
students, recent graduates and candidates in general actively seeking work. The
adding up at the end of the day showed
that we had received more than 500 CV’s
out of the total of 6,759 that were given
in to all the companies.
The Forum is one of the activities taking place as part of Employment Week
organized by the Employment Unit
and the Vice-Rector of Economics and
Business Relations at the University of
Burgos. This year the company also collaborated by taking part in the discussion groups held. Grupo Antolin was
involved in discussing “New Trends in
Selecting Staff ”. ▪
Ana Irene Solas (Director of Corporate
Development), Javier Blanco
(Director of Human Resources at
Grupo Antolin) and Raquel García
(Corporate Development).
16 INFORMA
grupoantolin
LABOUR HEALTH AND SAFETY
june 2015
INDIA
Chennai
celebrates
the month
of Safety
On March 15th Grupo Antolin
in Chennai, India, celebrated
the Safety Month
Hoisted Safety Flag followed
by Safety Pledge taken. Main-
tained Zero Accident whole
month. Conducted Competition on Poem/Essay/Drawing
and recognized Best Three
Places. Conducted First Aid
Training for all Employees. Conducted Fire Fighting training,
imparted by Tamilnadu Govt
Fire & Rescue team. Invited
suggestions from all employees and recognized best three
places and Highest Suggestion
given employee. ▪
SLOVAKIA
SAFETY is in
your hands!
Safety at work and fire protection has
become one of the objectives of our
management for the year 2015. This was
the reason why, at the end of April, working
together with DuPont™ company, we
organized a training to increase safety
in our plants. Besides our director
(Jozef Banas), other representatives of
management, middle management as
well as our colleague from Žilina plant
were present.
E.I. DuPont de Nemours and Company, abbreviated DuPont™, is an American chemical, nuclear and armament
technology holding with the number
of plants for the production of paints,
synthetic fibres, nylon, explosives, fuel
for rocket engines, nuclear reactors.
It is the leader among the international chemical cartels and employs over
100,000 people. Complementary activities of the company include safety
training consultancy.
A trainer for our plant was Dragoljub
Savkovic. He works as a General Director
of the plant in Serbia, and he has been
working as a Security Consultant for
more than 9 years.
safety area. In addition, we wanted to hear
feedback on safety at our Bratislava plant.
Reasons for organizing such training were
several. Firstly, we were interested in the
experiences of DuPont™ company in the
Finally, we wanted to get a new perspective on safety issues from someone
who has got several years of practical
experiences. The result of the safety inspection was a list of more than twenty
points and notes to improve the current
situation. The room for improvement
we have seen particularly in areas of
our production hall layout, work on the
high-lift truck, as well as the movement
of our contractors and workers in our
plant. Apart from the recommendations
the action plan has been developed, and
will be gradually implemented in the
Bratislava plant. ▪
2015 june
INNOVATION
grupoantolin
INFORMA
17
Sky-fx The end user voice
The launch of our new Sky-fx product (illuminated overhead system) in the Peugeot 2008 has been considered a great
innovation in the market. To analyze the perception of end users about this product, in order to better define its positioning
and optimize its function and features as much as possible, a study has been conducted in our central offices with the
collaboration of the Instituto de Biomecánica de Valencia (Valencia Institute of Bio-mechanics), an expert body in defining
protocols and analysis for innovative products from the viewpoint of the end customer.
The study has been conducted on a demonstration vehicle, the Ford
Kuga, that includes a Sky-fx overhead system. Users from different
age ranges have participated and had the opportunity to observe it
working in the vehicle environment, being able to consider it from the
front and rear seats in their different conditions of use.
The obtained results are very interesting for
Grupo Antolin
Among the information from the study worth highlighting, we find
that users see our Sky-fx product as INNOVATIVE, SURPRISING,
NEW and ORIGINAL.
They suggest enhancing its functionality to achieve a more attractive product, something that is already being worked on. In
relation to its positioning, they agree on placing it as mid-range
equipment aimed mainly at young people and couples with chil-
dren. The most suitable type of vehicle for this product would be
compact vehicles, saloons, SUVs and people-carriers.
Very interestingly, and independently of financial issues, they
are agreed that it is an option they would choose if given the
chance. Moreover, the range of colors analyzed was considered
suitable and sufficient, with the colder range of colors receiving
a better valuation.▪
With these studies we can obtain a vision of how the users react to
our new products, therefore assessing their potential popularity and
using the conclusions to optimize them, reinforce work areas and even
generate new ideas and concepts
18 INFORMA
grupoantolin
DESIGNING THE FUTURE
NEW CONCEPT
IN VEHICLE
INTERIORS
june 2015
The word vehicle derives from the Latin vehicŭlum, and defines all means of transport that allow transfers or movement
from one place to another. Currently a new vision is being generated around this concept of travelling in a vehicle, avoiding
it being seen just as a means of transport, and trying to promote its space as an “interior” that offers other functions
thanks to self-driving cars. This new scenario should make us reflect on the future concept of an interior, which will have
to meet different needs and expectations.
The Mercedes-Benz F 015 gives us a vision of the future, where
space and time will be the features of private mobility. The vehicle,
which still has a steering wheel in case the driver wishes to drive,
has seats that can turn so the passengers can have a chat, turning
the car into an extra communal living space
2015 june
The essential advantages of self-driving are evident: reaching
the destination relaxed, quickly and safely. A self-driving vehicle
can assist the driver and take on those annoying repetitive tasks,
especially in routine journeys, traffic jams or on highways full
of cars. But this self-driving does not mean that the pleasure of
driving has to be given up completely. These self-driving systems,
that will be offered to the driver, will provide assistance and will
help with the work, but people who wish to drive their vehicle
will still be able to continue doing so in the future.
grupoantolin
INFORMA
19
Grupo Antolin, with its vision of the future, and as an
innovative supplier, faces the challenge of turning the
most advanced ideas and concepts that the new selfdriving vehicle suggests to us into an industrial reality
The self-driving car continues its rapid progression. The United
States is the most advanced country, together with Germany,
in this area and in fact there are already several states allowing
this type of vehicle on their roads for testing purposes. The latest to sign up for this is California, which recently granted the
first license in this field to a manufacturer, specifically to the
German brand Audi. Only a few days later Mercedes also obtained the same license.
There are already several manufacturers with increasingly more
advanced technologies in the area of self-driving. Most vehicle
manufacturers have already set their design teams to work in
this field.
Grupo Antolin has spent time researching and working to
prepare the interior of a self-driving vehicle. Some of the
work areas are focused on reconfiguring and optimizing the
interior space, using advanced materials designed for a new
way of life on board, integrating intelligent surfaces, etc.
Speaking of our customers, Mercedes is a clear example of a manufacturer with very advanced technology. It has officially presented
its first completely self-drive vehicle, which with its outstanding
design shows us the future of the car. The brand publicly announced this new development, the product of over thirty years
of research, during the International Consumer Electronics Show
(CES) in Las Vegas, Nevada.
“Having quality time, to be with
who we love and to do what we
truly want is the real luxury
of the future. This car allows
you to have those moments
while travelling” said Zetsche
(Chairman of the Board of
Management of Daimler AG)
during a conference at the CES.
The F 015 has a system for communicating with other self-driving
vehicles, even those from other brands if they also have this function in the future. The grille has a series of blue LED lights which
move horizontally when a pedestrian is detected and will even
send an automated voice message to indicate that it is safe to walk
in front of the vehicle. ▪
Another example of this new concept of interiors is the vehicle designed by IDEO (design studio).
IDEO CONCEPT The designers in this company wanted to go much further and have developed three self-drive vehicle
prototypes that have gone beyond the boundaries of what we have known as a conventional car until now. For them, in
the future cars will no longer be mere means of transport and will instead become small shared modular centers, which
can be combined to form workspaces the like of which have never been seen before.
www.g rup o anto lin.co m
GRUPO ANTOLIN
forma
Published by Grupo Antolin, a multinational at the cutting edge of design and production of components for car interiors for the automobile industry
EDIT Grupo Antolin · Communication & Public Affairs · Carretera Madrid-Irún, km. 244,8 · E 09007 - BURGOS - SPAIN · Tel. +34 947 47 77 00 · [email protected]
DESIGN Germán Delgado · [email protected] PHOTOS Grupo Antolin, Miguel Jelliss, Rafa Sáiz and Agencies.
PRINTED Coiman · C/ Marqués de Portugalete, 16 · E 28027 MADRID · SPAIN · Tel. 34 91 742 12 03 · [email protected]
This publication is available for employees on the GA intranet and corporate website · D. Legal: M-18595-2006
BACK COVER
Geneva
Motor
Show
A date with luxury
The 85th Geneva Motor Show took place from March
5-15, 2015, in the Palexpo exhibition center. It was an
unmissable event with all its usual glamour and design
as the showcase of futuristic prototypes and spectacular
supercar models.
The Show’s wide range runs from the most
exclusive, luxurious and powerful vehicles
designed for a minority audience with
high purchasing power, to the most practical, utilitarian, and economic cars such
as small crossovers.
luxury. The center console integrates
touch-controlled digital information
through a screen surrounded by an aluminum frame.
Some brands stood out in segments such
as supercars and small urban SUVs. The
latter are very popular at the moment
and several new models were presented
including the Renault Kadjar, Honda HR-V
and Hyundai Tucson, all of them fitted out
by Grupo Antolin.
Aston Martin DBX A luxury GT with
crossover aspirations. A concept presented in Geneva that will go into production and is to be the ‘weapon’ with
which Aston Martin seeks to attract
women. Its cabin is spacious and despite using materials that are rare in
the automotive industry, its appearance
is as luxurious as ever. Materials such
as velvety nubuck leather, the edging
in gold and ceramic trims on the dashboard give it a very futuristic look.
Bentley Concept EXP 10 A high performance two-seater sports car which
symbolizes Bentley’s vision of the future. Inside, two sports seats are separated by a center console that houses the driving controls and a 12” touch
screen. A perfect blend of cutting-edge
technology with craftsmanship and
The Audi Prologue Avant Concept’s interior is tremendously technological with a touch OLED device
which spans the dashboard. A minimalist design and the finest materials available take center stage
in its luxurious interior.
GRUPO ANTOLIN
COMPONENTS
ARE IN THE
INTERIORS OF
THE FOLLOWING
VEHICLES THAT
WERE PREMIERED
IN GENEVA
AUDI R8
Sunvisors
The main headliners at the 2015 Geneva
Motor Show included Honda Civic Type R,
Ford Focus RS, Ferrari 488 GTB, BMW Serie 2 Gran Tourer, Toyota Avensis, Honda
Civic Type R, Porsche Cayman GT4, Skoda
Superb, Volkswagen Touran, Opel Karl and
the concepts Audi Prologue Avant, Seat
20V20, Nissan Sway.
OTHER PREMIERES AT THE
GENEVA MOTOR SHOW
AUDI PROLOGUE AVANT points to the future lines of the carmaker’s models, the Audi A6, Audi
A7 and the future Audi A8.
BMW 2 SERIES
ACTIVE GRAN TOURER
Sunvisors
ASTON MARTIN VULCAN
The new Aston Martin Vulcan, an absolute first
at the Geneva Motor Show, is a two-seater
supercar with a carbon fiber body which is only
used on tracks. Only 30 examples of the Aston
Martin Vulcan will be made
Infinity QX30 Concept A prototype that
anticipates the outlines of a future premium compact crossover. It has been developed for a new generation of customers
looking for a mainly urban model, but it
also offers benefits to all types of roads
and surfaces.
Farewell to the Bugatti Veyron. There were
also farewells at this year’s event! Bugatti
said goodbye to its famous Veyron after
ten years of sales as it gave way to new
supercars like the McLaren P1 GTR and the
Ferrari FXX K. ▪
HONDA HR-V
Lighting consoles (China),
headliner (Mexico, Brazil and
Malasya), door panel (Brazil)
HYUNDAI TUCSON
Headliner
RENAULT KADJAR
Door panel, headliner, pillars,
sunvisors and overhead
console
SKODA SUPERB
Pillars, ambient lighting,
lighting
VOLKSWAGEN TOURAN
Headliner logistics services