kendrion History Timeline and Biographies

Kendrion is a global leader in the development, production, and marketing of electromagnetic systems and components. Founded in 1999, Kendrion has grown through strategic acquisitions and organic growth, providing innovative solutions across various industries including automotive, industrial, and aerospace. With a commitment to sustainability and technological advancement, Kendrion continues to drive progress in the field of electromagnetic applications.

Creation Time:2024-06-19

1999

Foundation of Kendrion

Kendrion was founded in 1999, marking the beginning of its journey in the field of electromagnetic systems and components.
2001

Acquisition of Binder Magnete

Kendrion expanded its capabilities by acquiring Binder Magnete, a company known for its expertise in electromagnetic technology.
2003

Listing on Euronext Amsterdam

Kendrion was listed on the Euronext Amsterdam stock exchange, increasing its visibility and access to capital for further growth.
2006

Acquisition of Tri-Tech LLC

Kendrion strengthened its position in the North American market by acquiring Tri-Tech LLC, a company specializing in electromagnetic components.
2009

Expansion into China

Kendrion expanded its global footprint by establishing a production facility in China, catering to the growing Asian market.
2011

Acquisition of FAS Controls Inc.

Kendrion acquired FAS Controls Inc., enhancing its product portfolio and market presence in the automotive sector.
2013

Introduction of Kendrion's Industrial Division

Kendrion restructured its operations to form the Industrial Division, focusing on industrial applications of electromagnetic technology.
2015

Launch of Kendrion Kuhnke Automation

Kendrion launched Kendrion Kuhnke Automation, integrating Kuhnke’s capabilities to offer advanced automation solutions.
2016

Acquisition of MBO Binder

Kendrion acquired MBO Binder, further expanding its expertise in electromagnetic systems and enhancing its product offerings.
2018

Introduction of the Kendrion Automotive Division

Kendrion restructured its operations to form the Automotive Division, focusing on the development of innovative solutions for the automotive industry.
2019

20th Anniversary of Kendrion

Kendrion celebrated its 20th anniversary, marking two decades of innovation and growth in the electromagnetic systems industry.
2020

Acquisition of INTORQ GmbH

Kendrion acquired INTORQ GmbH, a leading provider of brake and clutch systems, strengthening its position in the industrial market.
2021

Launch of Kendrion's Sustainability Program

Kendrion launched a comprehensive sustainability program aimed at reducing its environmental footprint and promoting sustainable practices.
2022

Expansion of R&D Facilities

Kendrion expanded its research and development facilities to accelerate innovation and enhance product development capabilities.
2023

Introduction of Smart Actuation Solutions

Kendrion introduced a new line of smart actuation solutions, leveraging advanced technologies to meet the evolving needs of its customers.
2024

Launch of Kendrion's Digital Transformation Initiative

Kendrion launched a digital transformation initiative to integrate digital technologies across its operations, enhancing efficiency and customer experience.
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