With effect from the end of November 2020, Mahle will sell all of its shares in Mahle Koenig in which it has held a 50% stake.

The company, based in Rankweil, Austria, specialises in components for high performance engines for recreational, motorcycle, and industrial applications. The Mahle shares, which have been held as a financial participation in recent years, will be acquired by the Koenig founding family. 

Founded in 1946, Mahle Koenig produces pistons, piston rings, cylinders, and cylinder heads, especially for engines used in industry, motorcycles, and recreational equipment. The partnership with Mahle began back in 1957.