Metzeler Automotive Profile Systems-North America said last month that it has completed its acquisition of GDX Automotive and has changed its name to Henniges Automotive.
the Henniges name is derived from GDX Automotive's most recognised brand founded in Germany by Ernst Henniges in 1951. Building upon the brand's strong heritage, Henniges Automotive will offer stronger, more diverse product lines in both sealing and anti-vibration systems globally.
Robert DePierre, chief executive officer of Metzeler Automotive Profiles, will serve as the CEO of Henniges Automotive. DePierre has extensive experience in the automotive industry, having spent twenty years with Benteler Automotive. In 2006, DePierre joined Wynnchurch Capital as an operating partner and served as CEO of Android Industries. Other key positions at Henniges will be held by Rob Barrow, who will assume responsibilities as executive vice president of Global Sealing Systems; Burkhard Bruhl, who will serve as executive vice president of Global Anti-Vibration Systems and Boris Gavric, who will oversee the integration process of the two companies, as Integration Manager.
Henniges' global headquarters will officially be transferred to GDX's previous headquarters in Farmington Hills over the coming weeks.
On Aug. 31, Novi-based Cooper-Standard Automotive Inc. acquired Metzeler's European operations, as well as the rights to the Metzeler name from CVC Capital Partners, a London-based private-equity firm. That made it necessary for Wynnchurch to change Metzeler's name in North America.
â€œAs Henniges Automotive, we are better positioned to serve our customers globally, while strengthening our position in North America,â€ said Robert DePierre, chief executive officer of Metzeler Automotive, in a statement.
From Crain's Detroit Business (A Crain publication)
Press release from Henniges / GDX