After announcing in June 2021 the purchase of BBS, the alloy wheel manufacturer with more than 260 employees, KW Automotive Group continues to grow with the acquisition of the Damping Technology business unit from AL-KO Vehicle Technology Group.
With nearly 250 employees at two facilities in Spain and China, the AL-KO Damping Technology business unit manufactures shock absorbers for an array of commercial vehicles with varying body solutions and chassis types, including RVs.
“The business relationship between AL-KO Damping Technology and KW automotive has already existed for a number of years. This transaction offers the opportunity for a technological leap forward, from which our AL-KO product segments will also benefit. KW automotive Group will serve as a home where all employees feel welcomed and are valued as part of the KW automotive Team. We plan to continue to work closely with KW over the long term,” said Harald Hiller, president and CEO of the AL-KO Vehicle Technology Group. He added that the AL-KO Vehicle Technology Group will focus on its core business, the development and production of high-quality chassis and suspension components for trailers, RVs, light commercial vehicles and new mobility solutions.
For more than 25 years, KW automotive has specialized in the development, production and distribution of suspension solutions for road and motorsport applications. Now, the company will benefit from AL-KO’s modern production facilities in Europe and China, as well as the Damping Technology business unit’s commercial vehicle expertise.
