Dynamatic Technologies has acquired the German and Indian operations of the German based automotive component manufacturer Eisenwerk Erla GmbH through its wholly owned subsidiary, JKM Erla Automotive Limited.
The Eisenwerk Erla site has been in business for over 630 years and has manufacturing facilities in Erla, Germany & Chennai, India, which together generate revenues in excess of Euro 100 million. The Company is a preferred supplier to leading global automotive OEMs including Audi, BMW, Borg Warner Turbo Emission Systems, Volkswagen and Daimler.
This acquisition will not only grant Dynamatic Technologies access to marquee customers in the global Automotive and Turbocharger markets but will also enhance Dynamatic Technologies’s design, development and manufacturing capabilities especially with respect to high precision, complex metallurgical products for automotive engines and turbochargers. Further, the acquisition of Eisenwerke Erla will grant Dynamatic Technologies ownership of one of the finest ferrous foundries in Europe, capable of manufacturing extremely intricate ferrous castings from difficult-to-cast materials.