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Stuttgart/Germany, September 7, 2015 — In the first half of 2015, the MAHLE Group achieved sales of EUR 5.53 billion and has thereby grown by 12.5 percent compared with the same period in the previous year. At EUR 324.5 million, earnings before interest and taxes (EBIT) are also 17.2 percent above the previous year\'s value. The EBIT margin rose to 5.9 percent.
Stuttgart/Germany, July 1, 2015 – The antitrust authorities have given their approval: 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.
06/17/2015 MAHLE acquires Kokusan Denki
Stuttgart, June 17, 2015 – MAHLE now holds around 90 percent of the shares in Kokusan Denki, a company listed on the Tokyo Stock Exchange, after a successful public tender offer. It is thereby further strengthening its presence in the mechatronics sector.
Stuttgart/Germany, April 30, 2015 - In 2014, MAHLE generated sales of nearly EUR 10 billion. The growth of around 43 percent is largely due to the first-time full-year inclusion of the MAHLE Behr Group.
Stuttgart/Germany, February 19, 2015 – MAHLE has signed a definitive agreement to acquire the wholly-owned thermal business of U.S. automotive supplier Delphi Automotive PLC (NYSE: DLPH). In 2014, the division and its approximately 7,600 employees achieved annual sales of around USD 1.2 billion (roughly EUR 1.0 billion). After approval by the relevant antitrust authorities, a closing of the deal is anticipated for the fall of 2015. Further, it is intended to acquire the joint venture of Delphi Thermal in China.
12/16/2014 Change to senior management at MAHLE
Stuttgart, December 16, 2014 – The Supervisory Board of MAHLE GmbH has appointed Wolf-Henning Scheider as new Chairman of the MAHLE Management Board with effect from July 1, 2015. He will join the MAHLE Group on April 1, 2015, and will initially assume the role of Vice Chairman of the Management Board.
12/05/2014 MAHLE expands Tech Center in Shanghai
Shanghai, November 25, 2014 – MAHLE is celebrating the third major expansion phase of its research and development center in China. In addition, a Bosch Mahle Turbo Systems (BMTS) production plant, a plant for industrial filtration, and a production line for the manufacturing of tools for the Filtration and Engine Peripherals business unit will be opened on the campus.
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