PRESS RELEASE : ElringKlinger continues to gear itself up for the future

 
 DGAP-News: ElringKlinger AG / Key word(s): Miscellaneous 
ElringKlinger continues to gear itself up for the future 
 
2020-12-11 / 09:26 
The issuer is solely responsible for the content of this announcement. 
 
*ElringKlinger continues to gear itself up for the future* 
 
*As part of its ongoing transformation, ElringKlinger AG has created a new 
"Metal Sealing Systems & Drivetrain Components" business unit, which pools 
the expertise of two former units - Cylinder-head Gaskets and Specialty 
Gaskets. As the new unit offers product solutions for all drive types, the 
Group is also continuing to position itself for the future in a targeted 
way.* 
 
*Dettingen/Erms (Germany), December 11, 2020* +++ The transformation of the 
mobility sector is progressing apace. Although many of the new vehicles 
manufactured every year around the world are still being fitted with 
combustion engines, car makers are launching more and more hybrid and 
full-electric models onto the market in order to combat climate change and 
cut CO2 emissions in the mobility sector for the long term. ElringKlinger AG 
is playing a decisive role in shaping this trend with its pioneering battery 
and fuel cell technologies. 
 
As part of this transformation process, the Group has now set up a new 
"Metal Sealing Systems & Drivetrain Components" business unit. It combines 
the expertise of two former units - Cylinder-head Gaskets and Specialty 
Gaskets - and brings their products together under one new roof. 
 
Reiner Drews, COO of ElringKlinger AG, commented: "In taking this 
organizational step, not only are we pooling our skills, we are also giving 
the unit a new focus: besides our tried-and-tested gasket solutions for 
combustion engines, we will also be expanding our product range further. In 
the future, we will also offer solutions that cover metallic gasket systems 
and precision stamping and forming components for all drive types. In so 
doing, we are continuing purposefully along our journey toward getting the 
Group well placed for the mobility of the future." 
 
The new unit's product range includes conventional gaskets such as 
cylinder-head and turbocharger gaskets as well as innovative components for 
alternative drive types. The disk carrier, which has been in series 
production for a German sports car manufacturer's full-electric vehicle 
since 2019, exemplifies the diversity of products offered by the new 
business unit. Unlike a conventional gasket, it transfers and transmits the 
drive torque from the electric motor to the rear axle. To do its job 
properly, the disk carrier has to withstand very high mechanical stresses 
and rotational speeds and work efficiently and precisely. As well as 
unbeatable accuracy and functional reliability, the disk carrier also brings 
the added benefit of being much more lightweight thanks to its hybrid design 
- a mixture of forgings and sheet-metal-formed components. It is with 
products like these that ElringKlinger is delivering technically 
sophisticated solutions tailored to specific requirements, including for the 
mobility of the future. 
 
The new business unit is headed up by Wojtek Kolasinski, who was previously 
in charge of the Specialty Gaskets unit. Gunnar Deichmann, former Head of 
the Cylinder-head Gaskets unit, is assuming responsibility for the Battery 
Technology unit. He is replacing Armin Diez, who will be devoting his full 
attention to his role as Head of the Fuel Cell Technology unit in the 
future. The change to the organizational structure took effect on October 1, 
2020. 
 
*For further information, please contact:* 
ElringKlinger AG | Strategic Communications 
Dr. Jens Winter 
Max-Eyth-Straße 2 | D-72581 Dettingen/Erms 
Phone: [phone] | E-mail: [e-mail] 
 
*About ElringKlinger AG* 
As an automotive supplier, ElringKlinger has become a trusted partner to its 
customers - with a firm commitment to shaping the future of mobility. 
Whether optimized combustion engines, high-performance hybrids, or 
environmentally-friendly battery and fuel cell technology, ElringKlinger 
provides innovative solutions for all types of drive system. ElringKlinger's 
lightweighting concepts help to reduce the overall weight of vehicles. As a 
result, vehicles powered by combustion engines consume less fuel and emit 
less CO2, while those equipped with alternative propulsion systems benefit 
from an extended range. In response to increasingly complex combustion 
engine technology, the Group also continues to refine and evolve its 
offering within the area of seals and gaskets in order to meet the highest 
possible standards. This is complemented by solutions centered around 
thermal and acoustic shielding technology. Additionally, the Group's 
portfolio includes products made of the high-performance plastic PTFE, which 
is also marketed to industries beyond the automotive sector. These efforts 
are supported by a dedicated workforce of around 10,000 people at 45 
ElringKlinger Group locations around the globe. 
 
2020-12-11 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
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Archive at www.dgap.de 
Language:    English 
Company:     ElringKlinger AG 
             Max-Eyth-Straße 2 
             72581 Dettingen/Erms 
             Germany 
Phone:       071 23 / 724-0 
Fax:         071 23 / 724-9006 
E-mail:      [e-mail] 
Internet:    www.elringklinger.de 
ISIN:        DE0007856023 
WKN:         785602 
Listed:      Regulated Market in Frankfurt (Prime Standard), Stuttgart; 
             Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, 
             Hanover, Munich, Tradegate Exchange 
EQS News ID: 1154533 
 
End of News DGAP News Service 
 
1154533 2020-12-11 
 
 

(END) Dow Jones Newswires

December 11, 2020 03:26 ET (08:26 GMT)