KONGSBERG AUTOMOTIVE SECURES FLUID SYSTEMS CONTRACT OF MEUR 35 WITH A GLOBAL PASSENGER CAR OEM
The Fluid Transfer System (FTS) business area of Kongsberg Automotive is pleased to announce that it has recently secured over €35 millions of business awards with one of the world leading manufacturer of passenger car vehicles.
The products are primarily nylon brake tube and clutch tube assemblies manufactured using proprietary KA processes. This award is unique in it's scope as FTS will be supplying to locations in China, North America and Europe from separate manufacturing facilities located in the 3 relevant continents.
"This is a truly global contract that reflects our ability to support the Automotive market across 3 continents with manufacturing and engineering provided at a local level" commented Global Sales Director; David Redfearn
FOR MORE INFORMATION, CONTACT:
Hans Peter Havdal, CEO
Phone: +4732770520. Mobile: + 4792065690
Philippe Toth, Director Merger and Acquisition & Investor Relations
Phone : +4732770503. Mobile : +4798214021
Kongsberg Automotive is headquartered in Kongsberg, Norway and has 49 facilities in 20 countries. Kongsberg Automotive, with close to 9.000 employees, provides system solutions to vehicle makers around the world. The product portfolio includes gearshift systems, cables for a wide variety of applications, fuel lines, tubing and hoses, couplings, clutch actuation, stabilizing rods, seat heaters, seat ventilation, lumbar supports, head restrains, arm rests, steering columns, pedals, electronics and displays. Find more information at www.kongsbergautomotive.com.
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