Details About the Key Companies:
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Jessop & Company Ltd.
Acquired: August 2003
Vertical: Heavy Engineering and Infrastructure
Plants location: Kolkata and Durgapur |
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The first Engineering Company of the country, Jessop, bears a 224-year old heritage in the heavy engineering and infrastructure sector. Its credentials run from manufacturing India's first iron bridge in the 19th century to the first road roller, its first iron steamer, first cantilever Bridge (the Howrah Bridge) to first EMU Coach and many more. This was the first acquisition of the Ruia Group and the company came into the Group's fold through the Indian government's disinvestment programme.
Kolkata-based Jessop, as a public sector enterprise, was bleeding heavily and morale was low. Today, with the Ruia Group's famed management techniques, it is back in shape and the order book is heavy. Jessop today is a multi-layered engineering-cum-infrastructure company, a leader in its field in this country.
The various segments of manufacture at Jessop outstretches into infrastructure zones, be it in the EMU coaches or wagon manufacture, or in the production of road rollers, or in building bridge structural and gates for dams/hydraulic projects, cranes and more. Each of these has extended application in the infrastructure sector. With the current infrastructure boom of India – an absolute necessity for commerce and industry to grow – the latent possibilities in Jessop & Co's applications have grown manifold.
Clients : Indian Railways, Defence Services , BSL, BSP, DSP, Kolkata / Haldia Port, DGNP, CLW, GRSE, DVC etc.
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Dunlop India Ltd.
Acquired : December 2005
Vertical : Tyre & Rubber
Plant(s) Location : Sahaganj (Near Kolkata), Ambattur (Near Chennai) |
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Dunlop came to India in 1898 and after a very successful run for nearly a hundred years, the company ran into problems in late nineties of the twentieth century. Dunlop had to close both its plants in East and South India. Ruia Group acquired the company through a complex overseas deal and opened both the facilities. Dunlop brought into the group the priceless legacy of an international brand that enjoys tremendous image equity and immense recall value. It has huge plants in Sahaganj near Kolkata and Ambattur near Chennai, India. Dunlop's present range of products include Bias Ply Nylon Truck Tyres, OTR Tyres, Tractor Tyres, Conveyor Belts, Hoses etc.
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Falcon Tyres Ltd.
Acquired: December 2005
Vertical: Tyre & Rubber
Plant Location : Mysore |
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Falcon is the largest India-based company of the Ruia Group. It is not only a marvel of the Ruia management techniques that transformed the sick company into the leading two and three-wheeler tyre manufacturer in India, it is also special in the way Falcon is on way to becoming one of the world's largest manufacturer in that segment.
Falcon joined the group with a capacity to manufacture 350,000 tyres a month for scooters, motorcycles and three-wheelers. Today Falcon, is leader in its segment, with production capacity of more than 1.0 million tyres every month. Falcon's capacity is being further augmented.
Falcon has a technological tie-up with Sumitomo Rubber Industries of Japan and markets its products inside India under the Dunlop brand. The company has facilities for co-generation of power at its plant in Mysore in South India, near Bangalore.
Falcon also makes tyres for Jeeps, LCVs and Farm Vehicles and is now finalizing plans for manufacturing tubeless tyres.
Clients : Hero MotoCorp, Bajaj Auto, Piaggio Vehicles Pvt. Ltd., Mahindra, Honda Motors, Scooter India, Royal Enfield, etc.
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Schlegel Automotive Europe Ltd., UK
Acquired: May 2008,
Vertical: Automotive Sealants
Plant location: Leicestershire, UK |
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This was the Ruia Group's first international acquisition and its first foray into the top level (Tier 1) of automotive sealants business. The Coalville (Leicestershire) plant of Metzeler Automotive Profile Systems has since been renamed Schlegel. The company provides pre-eminent innovations in the field of rubber processing and ensures that automobiles fitted with its sealants get the best protection against noise, dust, water and outside temperature. The company, established in 1952 and referred to administrator in 2008, is back in profit with the innovative management practices introduced by the Ruia Group and is now exporting sealing systems to Japan, China and Brazil, apart from catering to the European market.
The Schlegel plant has gone through complete refurbishment of the existing facilities since change of management. The company has now set up a state-of-the-art Technical Centre with a dedicated development team, aided by best of its class infrastructure such as a Secure Vehicle Evaluation Area, an in-house Assigned Line Trial Time, Fit & Function capabilities, Customer Trials (in-house and external) etc. The facilities include climate and environmental testing, dynamic and static testing, spray testing etc. Future plans include acoustic testing and rapid prototyping. The company is certified with TS 16949 General and ISO 14001 Environmental Quality Awards. The operations of the company have now been taken to a higher level with the inputs from its dedicated Simulation Team with proven 85% correlation accuracy.
The success of this acquisition set the trend for the group's other major acquisitions in Europe where today, the Ruia Group is a name to reckon with in the Auto Ancillary space.
Clients : Saab, Scania, Magna, Nissan, Jaguar, Land Rover, Bentley, Honda, Toyota, BMW, Lotus, Webasto, Pilkington, AGC, and others.
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Draftex Automotive GmbH, Germany
Acquired: December, 2009
Vertical: Automotive Sealants
Plant location: Grefrath, Germany |
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The German facilities of automotive sealants manufacturer Henniges Automotive Grefrath were acquired by the Ruia Group in the December of 2009 when the automotive industry was reeling under the great economic slowdown. In the company Ruia Group identified a growth opportunity in its global sealing business and the company was rechristened Draftex after acquisition. Draftex has since been integrated into the group's overall expansion in the European and world sealants market.
Draftex today is a leading supplier of highly technical products in European market. And superior designs of automotive sealing systems. It has a strength of 500 highly skilled employees.
Draftex is a full range supplier of sealing products for automotives. Its products range includes glass runs, inner and outer door sealing, inner & outer waste belts, sun roof seals, luggage compartment seals, engine compartment seals & variable section seals.
The impact of the acquisition of Draftex into the group was seen in increased presence in Europe through combined technical design and engineering expertise which has led to improved marketing and procurement leveraging. Draftex has the best in class manufacturing techniques and capabilities. All these have helped in the better utilisation of the complimentary core competencies of the group.
Clients : Audi, BMW, Daimler, Volkswagen
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Gumasol Rubber-Tec GmbH, Germany
Acquired: 2010
Vertical: Tyre & Rubber
Plant Location : Germersheim, Germany |
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Gumasol Rubber-Tec GmbH (Formerly Gumasol Werke Dr Mayer GmbH & Co. KG), based in Germersheim (Germany), is a reputed solid tyre and industrial rubber products manufacturer and has developed special products that are highly valued all across Europe and beyond. The company was acquired off the industrial rubber space, but it not only added technological muscle to the Ruia Group's tyre and allied rubber products range but also consolidated the Group's position in the international rubber processing industry. The company is well known for its track record in delivering meaningful innovation and has a wide array of rubber products, including full rubber tyres (solid tyres), rubber mixture compounds, rubber-metal bonded parts, battle tank wheels and many more.
Gumasol fits in perfectly with the Ruia Group's long-term technical and marketing strategy. Its product range will be the need of the hour for industrial machinery and such other vehicles in the Indian growth scenario.
The company's product range is extremely impressive, a characteristic that has earned respect throughout the Euro region.The main product lines are Gumasol SOFTY, Gumasol GUMMIX, Gumasol FORMTECH, and Gumasol ROLLTECH. Gumasol Softy are solid, resilient and press-on band tyres. Corsair are also solid, resilient tyres, but with T3 tread patterns. In the Whertechnic category are rubber track pads and rubberized tank wheels which Gumasol has been manufacturing for the last 30 years for defence requirements, including battle tanks.
Gumasol Softy is an International trademark and Gumasol Gummix has been patented throughout Europe and the company is certified to international quality standard DIN ES ISO 9001:2008.
Every product of this company not only complements products of other group companies, but also adds value to the entire product chain that the group has developed through its careful choice in acquisitions.
Customers : Euromaster, Jungheinrich, Titan Intertractor, ZF Boge, Linde Highlift, German Defence.
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Ruia Global Fasteners, AG, Germany
Acquired: February 2011
Vertical: Automotive Fasteners
Parts manufactured: 3.2 billion ( in 2010)
Plant(s) Locations: Neuss, Neuweid, Beckingen, Schrozberg (all in Germany)
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This was one of the major acquisitions of the Ruia Group, away from the sealants space, and the fourth international acquisition of the Ruia Group. Ruia Global Fasteners - earlier called Acument - is a renowned organisation in the auto ancillary segment of Europe and some other parts of the world. Not only does this 150-year old organisation have a reputation for quality and technology, it is known as the inventor of Hexagonal Screws, one of the key elements in automotive ancillary fastening technology today.
Ruia Global Fasteners is also one of the few providers of complete fastening supply chain and logistics programs for vehicle and component assembly facilities.
RGF is a leading player in engineering products, with an entire array of products that covers the full scope of auto ancillary fastening. Its fasteners including shafted bolts, the famous hexagonal screws and many other high precision products.
This acquisition was a technology platform buy for the Ruia Group, establishing a key link in the process of consolidating presence in the Auto Ancillary space. This company and its high-tech products hugely benefit India’s booming market. It also provides for the group a larger market share in the global auto ancillary domain.
Clients : VW, BMW, Daimler, GM, MAN, TRW, Ford and others.
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Ruia Sealynx SAS, France
Acquired: May 2011
Vertical: Autotomotive Sealants
Plants locations: Transieres, France; Mioveni, Romania; Tanger, Morocco; Kondar, Tunisia; St Petersburg, Russia |
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Sealynx Automotive of France was the Ruia Group's fifth overseas acquisition, as well as the group's entry into France and into new growth and low cost markets such as Romania, Morocco and Tunisia. Formerly a part of the Metzeler Group, Sealynx Automotive was rechristened as Ruia Sealynx SAS since acquisition. It is the leading manufacturer of automotive sealants in France, and is acknowledged as an expert in sealing development with highly innovative products.
Optimised industrial process and modern production facilities give Ruia Sealynx a distinctive advantage. The company has a strong track record of innovations, particularly with the development and production of Litelynx, a material which ensures exceptional functional properties with lesser weight and cost. Dynalynx, Safelynx, Divelynx, Slidelynx are other registered trademarks of Ruia Sealynx.
The company enjoys excellent relations with its clients and is the first supplier of sealing solutions for the French car giant Renault. With a wide and regularly updated portfolio of patents, Ruia Sealynx ushers in an important technological platform for the Group.
Ruia Sealynx has its product range in three categories:
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Sealing systems for sedan cars: For all types of openings. |
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Sealing systems for convertibles: High value-added products with superior design, and aero acoustic properties. |
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Sealing products for Utility Vehicles: With higher material resistance and strong know-how in designs for specific environments such as sliding doors and swing rear doors. |
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Clients : Audi, Aixam, Chery, Citroen, Dacia, Daimler, Ford, Honda, General Motors, Lincoln, Opel, Peugeot, Renault, Saab, Saint Gobain, Toyota, Volkswagen, Wagon and others.
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Meteor Gummiwerke K.H. Badje GmbH & Co KG, Germany
Acquired: October 2011
Vertical: Automotive Sealants
Plants locations: Bockenem, Worbis and Bietigheim-Bissingen, Germany; Obecnice and Sadek Rozmittal, Czech Republic; Dover, Ohio, USA.
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Meteor was the sixth international acquisition of the Ruia Group, another feather in its Automotive Sealants cap. Meteor is a well-known name in the field, and since the Germany-based company also has presence in the markets of the Czech Republic and the US, these are new markets for the Group to extend its already impressive global footprint.
Meteor also has an impressive client portfolio, including iconic brands, such as BMW, Daimler, Audi, Rolls Royce, Porsche, Renault, Fiat, Opel, Magna and others.
That apart, products and technologies from Meteor can be found almost everywhere – in automobiles, railway engines and aircraft, in buildings, in electrical- and household appliances, as highly specialised seals and sealing systems of rubber or elastomers.
The three words that describe Meteor's products are: Safety, functionality and convenience. And Meteor has been in this leading position in the international market for more than 50 years.
More than just the product, Meteor has huge expertise in research and development and Meteor's partners benefit from such extensive know-how from as early as the planning phase.
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Founded: in 1951 in Hildesheim. |
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Headquarters: Bockenem (since 1954). |
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Employees worldwide: Approx. 2,445. |
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Turnover (2010): Approx. Euros 222 m. |
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Products:
The main products include sealing systems for the automotive and the automotive supply industry, as well as other segments, such as environmental technology, special vehicle construction, civil engineering and the packaging and electronics industry.
Certification:
Meteor is certified to :
ISO TS 16949
ISO 14001
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