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    Home - Business - Imperial Auto Industries Ltd Acquires Metallwerk Biebighäuser GmbH
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    Imperial Auto Industries Ltd Acquires Metallwerk Biebighäuser GmbH

    PNN Online DeskBy PNN Online DeskJuly 24, 2024Updated:July 24, 2024No Comments2 Mins Read
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    New Delhi (India) July 24 : Imperial Auto Industries Ltd (“IAIL”, or “Imperial”), a leading global manufacturer of fuid transmission products, has acquired the assets of Metallwerk Biebighäuser GmbH (“Biebighäuser”), a German manufacturer of metal tubular assemblies for the automotive industry. The acquisition also includes Biebighäuser’s Slovakian subsidiary and was executed through IAIL’s German arm, Imperial Auto Germany GmbH.

    Biebighäuser manufactures and supplies critical components to some of the largest

    European OEMs including Volkswagen, BMW and Mercedes through its highly automated processes and diverse capabilities across multiple divisions. This strategic move further expands Imperial’s presence in Europe, unlocks meaningful revenue potential, and strengthens Imperial’s positioning to address the increasing demand for electric vehicle (EV) components.

    “This acquisition offers us direct access to German passenger vehicle OEMs and opens opportunities to engage with the truck and industrial segments in the region. We are now integral to the ecosystem, being present in the ICE engine market as well as in the rapidly expanding EV space. This development enhances our relationship with the OEMs and, further accelerates our growth in Germany and other parts of Europe.” said Tarun Lamba, Managing Director and CEO of Imperial Auto. “We are thrilled to welcome over 400 members to the Imperial Auto family, strengthening our global team and capabilities.”

    Imperial Auto is backed by Warburg Pincus, a leading global growth investor. Imperial has delivered strong organic growth over the past three years and has more than doubled its topline driven by robust organic growth in both domestic and export markets. With this acquisition, the Company is expected to generate revenues of over Rs. 4,500 crores.

    About Imperial Auto Industries Ltd:

    Founded in 1969, Imperial is the largest manufacturer of fuid transmission products in India, serving both on-highway and of-highway OEMs. The company has a product library of over 45,000 SKUs, making it a one-stop shop for all customer needs pertaining to fuid transmission products. It has a pan-India network of 20+ manufacturing facilities and is present in every major automotive cluster in India along with facilities in the US and Germany. For more information, please visit https://imperialauto.in/

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

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