Thermal Management Solutions Group has been formed consolidating the Dauphinoise Thomson, Magal and Wahler brands in one company to take advantage of electrified vehicle growth.
The new automotive technology business provides customers with new technologies and systems, which facilitate the transition of engine development from internal combustion to hybrid, full battery electric and fuel-cell vehicles.
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Thermal Management Solutions has been formed by Cartesian Capital Group and the former Arlington Industries Thermal Management Solutions management team and has successfully executed two merger and acquisition processes in the UK and Germany.
The transactions bring together the Thermal Management division of the former Arlington Group with three global thermostat brands: Dauphinoise Thomson, Magal and Wahler, with a global footprint across six countries.
“The newly-formed Group brings together [a] pool of technical experience and delivers global market position and depth to provide both existing and new customers and suppliers with numerous advantages in navigating these times in the automotive sector,” said Thermal Management Solutions CEO, Mark Franckel.
“Leveraging the backing of Cartesian Capital Group and the expertise of the Dauphinoise Thomson, Magal and Wahler brands, creates a commercially robust entity much stronger than the sum of its individual components.”
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By GlobalDataThe supplier adds while a “range of critical restructuring activities” was necessary to ensure a sustainable business model, the new group will emerge with more than GBP150m (US$208m) in revenues and employ more than 800 people across its six global locations.
“With manufacturing locations in Brazil, China, France, Germany, the UK and the US, Thermal Management Solutions is positioned as a global technology company,” added VP Global Engineering and Sales, Paddy Lange.
“In a rapidly changing market, we are poised to deliver proven and innovative technology to meet customers’ existing and future needs.
“We have the people, expertise, skill-set and global footprint to provide thermal management solutions to enable our automotive customers to transform their engine offerings and meet the demand for lighter, more fuel-efficient and environmentally-friendly vehicles.
“Our experienced, multi-disciplinary global engineering, sales and manufacturing teams are adept in aligning with OEMs’ global manufacturing strategies.”
Along with providing automotive OEMs, Tier 1s and Tier 2s with thermal management requirements, Thermal Management Solutions will continue to grow its product and customer portfolio in the Automotive Independent Aftermarket, Heating and Sanitary sectors.
