Manfred wennemer biography of william

Table of contents :
Content
1 Anniversary dates and transformation phases in the company’s history
2 Founder Consortia, Major Investors and Key Shareholders Corporate Governance and Prominent Figures in Continental’s History
3 The People of Continental Identities and Interests in Times of Upheaval in the Working World
4 Rubber—Resource Management, Sustainability and Environment, or: the Metamorphosis of a Key Raw Material
5 A Brief History of the Continental Tire, or: the Metamorphoses of a High-tech Product and the Continental Product Portfolio
6 The Continental Shares The Life Cycle of a Security in a Changing Capital Market
7 From Local Trademark to Global Brand The Brand and its Marketing in Continental’s History
8 Continental as a Global Company The Long Road Toward Internationalization
9 Between Vision and Speculation Continental in 2046, or: The History of Past and Present Expectations for the Future within the Company
Annex
Image credits

Citation preview

Paul Erker, Nils Fehlhaber 150 Years Continental

Paul Erker, Nils Fehlhaber

150 Years Continental The Skill of Transformation

Paul Erker is an associate professor at the Ludwig Maximilian University of Munich. The focus of his teaching and research is economic and business history. He is author of many historical works on companies, and for Continental’s 125th company anniversary was commissioned to write its first historical study: “Wachsen im Wettbewerb. Eine Zeitgeschichte der Continental AG” (“Growth and Competition. A Contemporary History of Continental AG”), Düsseldorf 1996. Recently he wrote “Zulieferer für Hitlers Krieg. Der Continental-Konzern in der NS-Zeit” (Suppliers for Hitler’s War. The Continental Company in the Nazi Era”), Munich/Berlin 2020. Nils Fehlhaber holds a doctorate in history. Since September 2016, he has run Continental AG’s company archive.

ISBN 978-3-11-073695-3 ISBN (PDF) 978-3-

AUBURN HILLS, Michigan (December 15, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide thermal coolant fluid carrying loops for a large family of Hyundai, Kia and Genesis brand vehicles, starting with the NE EV, a new battery electric compact crossover based on the futuristic “45” concept vehicle.

Starting in January, coolant fluid carrying systems will be supplied by TI Fluid Systems across eight different Hyundai battery electric vehicle platforms, all produced in South Korea. The new fluid carrying products apply our innovative approach for light weight and optimized engineered polymer lines produced from nearly 100% nylon material along with quick connectors that are molded, formed and assembled in various diameter sizes for the battery and motor drive thermal management.

“We are proud to contribute our nylon and other expertise and experience in fluid and thermal management systems to this exciting evolution of battery electric vehicles,” commented Bill Kozyra, President and CEO of TI Fluid Systems. “We have enjoyed a tremendous partnership with Hyundai for many years and we look forward to supporting these unique global BEV platforms as they expand in the various regional markets.”

Hyundai plans to expand their BEV lineup to 25 vehicles by 2025, the first of which is launching in January 2021. TI Fluid Systems will be providing the brake line bundles for the new BEV models as well as the fuel tank assemblies and fuel lines for several current Hyundai hybrid EV models.

TI Fluid Systems has been a longtime supplier to Hyundai, providing brake and fuel systems, fuel tank and delivery systems, powertrain systems and thermal management systems to more than 50 different Hyundai vehicle lines worldwide.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market.

British multinational company

TI Fluid Systems is a British multinational company which develops, manufactures and supplies automotive fluid storage, carrying and delivery systems. The company serves the automotive aftermarket through Bundy, Walbro and Marwal brands. The company's headquarters are located in Oxford, England, with Corporate Offices based in Auburn Hills, Michigan, U.S. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The company traces its history back to the Bundy Corporation, which was founded in 1922 and supplied petroleum fuel lines to the Ford Model T. It was acquired by TI Group plc in 1988. After Smiths Group acquired TI Group in 2000, Smiths Group transferred its newly acquired automotive business into a corporate entity in 2001 thereby creating TI Automotive.

In 2007, the company was acquired by a consortium of private equity investors. The company was forced to go through a debt-to-equity swap in 2009 following the global economic downturn.

William "Bill" L. Kozyra was named chairman, chief executive officer and president of TI Automotive in May 2008.

In January 2015, the company was acquired by Bain Capital for $2.4 billion.

In October 2017, the company floated on the London Stock Exchange under its new name of TI Fluid Systems. The company floated 25 percent of its shares.

In September 2023, it was announced TI Fluid Systems has acquired the Halásztelek-headquartered plastic injection moulding company, Cascade Engineering Europe Kft. for $27.7 million.

In December 2024, the directors agreed a takeover offer from ABC Technologies of Canada, a company controlled by Apollo Global Management.

Structure

The company has two divisions: fuel tank systems and fluid carrying systems (such as brakes, battery