Mahle Acquires Delphi Thermal Business
Photo: Delphi
MAHLE has acquired the thermal business of U.K. automotive supplier Delphi Automotive PLC as of July 1, 2015. As a result, the Stuttgart-based group is expanding its strategically important Thermal Management business unit.
With this acquisition now completed, MAHLE is increasing its commitment in a promising sector, since a comprehensive, energy-efficient thermal management system is as much in demand for combustion engines as for electric drives or fuel cells.
The product portfolios of both companies are an excellent match with regard to HVAC modules and engine cooling components. MAHLE places particular importance on Delphi Thermal’s compressor business, which has thus far been missing from its own range. It will now be rapidly integrated into the group as a new unit. Air conditioning, powertrain cooling, and heat exchangers for stationary applications, however, will become part of the Thermal Management business unit.
In a subsequent step, it is intended to acquire the joint venture Shanghai Delphi Automotive Air-Conditioning System Co. Ltd. (SDAAC) located in China. The negotiating partners anticipate this separate transaction to be concluded in 2016.