Kongsberg Automotive merges Fluid Transfer Systems and Couplings business units
Zurich, September 2, 2022: Kongsberg Automotive ASA (KA) has merged Fluid Transfer Systems (FTS) and Couplings business units to create a new ‘Flow Control Systems’ business unit.KA’s FTS business unit supplies PTFE hoses and hose assemblies to various industrial and automotive markets. KA’s Couplings business unit is a leader and supplier of compressed air couplings to the global commercial vehicle market. This merger, along with the recent divestments, is in line with KA’s Shift Gear transformation program that aims to modernize the company’s product portfolio with the target to