Automotive

Kendrion N.V.

Company Profile Analysis

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Kendrion N.V. - Automotive showcase

Year Founded & Workforce

1858-12-31

2,753 Employees

Industry

AutomotiveB2BB2C

Services

K

Kendrion N.V. Overview

Company Headquarters: Amsterdam, The Netherlands

Founded: 1859

Workforce: ~2,753

Company Working: Kendrion N.V. (Kendrion) is a leading global advanced company which is focused on actuator products that support the transition towards clean energy. The company is involved in designing, manufacturing and supply of intelligent actuators that help advance the global push in the direction of electrification and sustainable energy. The products manufactured by Kendrion are compact and its connected actuators can be found in several electric vehicles, wind power, robots, factory automation, energy distribution and industrial heating processes. As a technology pioneer and innovator, the company has vast experience of over 100 years and its footprint extends across Europe to the Americas and Asia. Kendrion has split its Automotive Group, to increase its focus on clean energy. Automotive E Group is responsible for products relevant to electric vehicles with profitable growth and innovation as its main goals and the Automotive Core Group handles the combustion engine-related business with cash and cashflow as its KPIs.

Strategy

Kendrion’s strategy is focused on making selective acquisitions that bring complementary technologies to the group and strengthen company’s position in key markets. The company is working on developing and retaining a diverse and talented team of people and growing a world-class company. It is focused on building a resilient global manufacturing footprint supported by a strong regional supply chain network to provide greater customer responsiveness, better cost competitiveness, and reduced exposure to tariffs & foreign currency volatility.

Company Snapshot

$544.6M

Revenue

2,753

Employees

1858-12-31

Founded

Amsterdam, The Netherlands

Headquarters

SWOT Analysis

Strengths

  • Automated and intelligent manufacturing, with strong cost and scale advantages

Weaknesses

  • Low presence in emerging regions like Middle East and South America

Opportunities

  • Scope for expansion through strategic partnerships in new and emerging markets
  • Extension of the production network world-wide and gaining entry in new marketplaces

Threats

  • Non-compliance of products in the context of product safety and new regulations
  • Disruption of supply chains leading to fluctuating commodity prices

Key Developments

DateApproachDevelopment
September 2021AcquisitionKendrion N.V. has acquired 3T, a Netherlands-based software and electronics development company. The acquisition of 3T will offer significant growth potential in combination with the control technology activities of Kendrion’s Business Group Industrial Actuators and Controls (IAC).

Product Offering

  • Kendrion N.V.
    • Park-Lock Actuator

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Kendrion N.V. as part of our ongoing coverage of the Automotive sector, drawing on public company data, filings, and market intelligence.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Kendrion N.V.

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