Component company Ferdinand Bilstein will take over southern German clutch brand KM Auto Technik (KM), effective April 3, having acquired 100 percent of the firm. Terms of the deal have not been disclosed.
Company bosses Karsten Schüssler-Bilstein and Jan Siekermann will lead future development and strategy of KM in Durmersheim. The KM brand itself will join febi, SWAG and Blue Print, which are already under the Bilstein Group umbrella. Integration of the newcomer is expected to be complete in 2018.
"KM is an established and successful brand for clutch technology. With its integration into the bilstein group, we will be able to offer our customers an even wider range of spare parts. KM's partners will benefit in future from our additional services, our international presence and our efficient logistics processes," said a joint statement from Schüssler-Bilstein and Siekermann.
KM was founded in 1988 by Robert Kary and Albert Mangler.
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