Grammer AG Overview
Company Headquarters: Germany
Founded: 1989
Workforce: ~15000
Company Working:
Grammer AG develops and manufactures components and systems for car interiors, driver and passenger seats for off road vehicles, trucks, buses, trains. The company operates through two segments, namely, automotive and commercial vehicle. Under its automotive segment, the company develops and manufactures headrests, center consoles, armrests, interior components and innovative thermoplastic solutions for OEMs. The commercial vehicle segment manufactures seating systems for commercial and off-road vehicles as well as for trains and buses. Its headrest products are height adjustable and permit the distance from the head, to be modified. Crash-active headrests protect passengers from the risk of whiplash injury.
The company is operating in 19 countries worldwide via its 40 companies. GRAMMER Inc., Hudson (WI), Grammer Inc., Tupelo (MS), GRAMMER Industries Inc., Troy (MI), GRAMMER Industries Inc., Greenville SC, GRAMMER AG, Amberg, Allygram Systems and Technologies Pvt Ltd are some of its subsidiaries.
Strategy
Grammer AG focuses on strategic mergers and acquisitions in the global market. For instance, in May 2018, the company acquired one of the automotive component suppliers, Toledo Molding & Die, Inc. to enhance its presence in North America. It has been expanding its business in the China market for automotive and commercial vehicle segments. It is substantially improving its research and development structures. For instance, in August 2018, company made a joint venture with AllyGrow Technologies (India) to optimize the process of development
