Autoneum has established a new Commercial Vehicles business unit to expand its existing truck business and to increase revenue and profitability in this vehicle segment.

Initially, it will focus on the commercial vehicles businesses in Europe and South America which have comparable customer bases and supply components for medium and heavy trucks as well as agricultural commercial vehicles.

Following the acquisition of Borgers Automotive in April last year, Autoneum has significantly expanded its product and technology portfolio for these vehicle segments. In combination with the company’s global presence and diversified customer structure, this provides an ideal basis for future growth.

Autoneum already operates plants which manufacture products for the exterior and interior of commercial vehicles in Belgium, Czech Republic, France, Germany and Poland, as well as in Brazil. With the creation of a dedicated business unit Autoneum aims to leverage its existing production footprint in order to further grow the business worldwide.

“Autoneum’s components for commercial vehicles are currently available in Europe and South America,” explains Valéry Beulné, head of the new business unit. “At the same time, Autoneum will be investigating business opportunities in Asia and North America.”

Autoneum’s multifunctional, lightweight and sustainable systems and components are suitable for commercial vehicles of all drive types. The company is therefore well positioned for the expected increase in electric models due to more stringent environmental regulations.

www.autoneum.com