Kendrion N.V. Overview
Company Headquarters: Amsterdam, The Netherlands
Founded: 1859
Workforce: ~2,753
Company Working: Kendrion N.V. (Kendrion) is a leading global advanced company which is focused on actuator products that support the transition towards clean energy. The company is involved in designing, manufacturing and supply of intelligent actuators that help advance the global push in the direction of electrification and sustainable energy. The products manufactured by Kendrion are compact and its connected actuators can be found in several electric vehicles, wind power, robots, factory automation, energy distribution and industrial heating processes. As a technology pioneer and innovator, the company has vast experience of over 100 years and its footprint extends across Europe to the Americas and Asia. Kendrion has split its Automotive Group, to increase its focus on clean energy. Automotive E Group is responsible for products relevant to electric vehicles with profitable growth and innovation as its main goals and the Automotive Core Group handles the combustion engine-related business with cash and cashflow as its KPIs.
Strategy
Kendrion’s strategy is focused on making selective acquisitions that bring complementary technologies to the group and strengthen company’s position in key markets. The company is working on developing and retaining a diverse and talented team of people and growing a world-class company. It is focused on building a resilient global manufacturing footprint supported by a strong regional supply chain network to provide greater customer responsiveness, better cost competitiveness, and reduced exposure to tariffs & foreign currency volatility.
