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kendrion

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 16 key nodes English

The Timeline

1999 — 2024

  1. 1999

    Foundation of Kendrion

    Kendrion was founded in 1999, marking the beginning of its journey in the field of electromagnetic systems and components.
  2. 2001

    Acquisition of Binder Magnete

    Kendrion expanded its capabilities by acquiring Binder Magnete, a company known for its expertise in electromagnetic technology.
  3. 2003

    Listing on Euronext Amsterdam

    Kendrion was listed on the Euronext Amsterdam stock exchange, increasing its visibility and access to capital for further growth.
  4. 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.
  5. 2009

    Expansion into China

    Kendrion expanded its global footprint by establishing a production facility in China, catering to the growing Asian market.
  6. 2011

    Acquisition of FAS Controls Inc.

    Kendrion acquired FAS Controls Inc., enhancing its product portfolio and market presence in the automotive sector.
  7. 2013

    Introduction of Kendrion's Industrial Division

    Kendrion restructured its operations to form the Industrial Division, focusing on industrial applications of electromagnetic technology.
  8. 2015

    Launch of Kendrion Kuhnke Automation

    Kendrion launched Kendrion Kuhnke Automation, integrating Kuhnke’s capabilities to offer advanced automation solutions.
  9. 2016

    Acquisition of MBO Binder

    Kendrion acquired MBO Binder, further expanding its expertise in electromagnetic systems and enhancing its product offerings.
  10. 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.
  11. 2019

    20th Anniversary of Kendrion

    Kendrion celebrated its 20th anniversary, marking two decades of innovation and growth in the electromagnetic systems industry.
  12. 2020

    Acquisition of INTORQ GmbH

    Kendrion acquired INTORQ GmbH, a leading provider of brake and clutch systems, strengthening its position in the industrial market.
  13. 2021

    Launch of Kendrion's Sustainability Program

    Kendrion launched a comprehensive sustainability program aimed at reducing its environmental footprint and promoting sustainable practices.
  14. 2022

    Expansion of R&D Facilities

    Kendrion expanded its research and development facilities to accelerate innovation and enhance product development capabilities.
  15. 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.
  16. 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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