MAHLE invest in Turkish engine components manufacturer
March 15, 2011
MAHLE GmbH, headquartered in Germany, has announced the acquisition of all remaining shares in the Turkish engine components manufacturer MAHLE Mopisan. In Turkey, MAHLE Mopisan operates two production plants, one in Izmir and one in Konya, as well as a regional warehouse for the aftermarket in Izmir.
At the beginning of 2008, MAHLE GmbH acquired 60% of the shares and, since then, conducted comprehensive measures to integrate the company into the MAHLE Group and enlarge its development and production capacities. Since January 1, 2011, MAHLE holds 100 percent of the shares in MAHLE Mopisan. In the future, MAHLE Mopisan will be known as Parcalari Konya A.S. and MAHLE Motor Parcalari Izmir A.S.
The two plants produce pistons, piston pins, and cylinder liners in original equipment quality for the spare parts market and employs approximately 820 employees. Besides a complete reorganisation of the production, a 10,000 m2 regional warehouse has been installed to supply the Turkish market as well as neighbouring countries in Western and Central Asia with the aftermarket product range.
“With our commitment to MAHLE Mopisan, we support a production strategy which is tailored to the needs of the aftermarket. We will further integrate the two locations into the worldwide MAHLE Network,” says Prof. Dr. Heinz K. Junker, Chairman of the Management Board of the MAHLE Group.
The MAHLE Group employs around 45,000 people at over 100 production plants and eight research and development centres. In 2010, the group is expecting a sales figure exceeding €5 billion.
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