Global system supplier of automotive components
HILO Group is a leading supplier of automotive hinges and locking systems, bringing together four renowned, well established in the market, automotive suppliers: KICO GmbH, Innomotive Systems Hainichen GmbH, High Precision Components Witten GmbH and Prinz Kinematics GmbH. The group supplies premium OEMs with a specialized product portfolio ranging from stamped and forged hinges, door stoppers and locking systems, along with other transmission components and body and frame structures. HILO Group operates in 10 locations worldwide, across 6 countries: Germany, Poland, Bulgaria, China, Romania and Mexico.
Strategy:
By crafting a common organization and capitalizing on synergies across production, sales, and shared R&D expertise in hinges and locking systems, HILO Group is strategically set to strengthen its market position, targeting to be the leader in this niche. Taking into account the dramatically changing market environment in the automotive supply sector, in consideration of the current technology and customer spectrum, the HILO Group focuses on strengthening and diversifying its customer and product portfolio, while further developing its global footprint.
Headquarters | Halver and Hainichen, Germany |
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Seller | Family owner / A Chinese state-controlled enterprise |
Year of Acquisition | 2019, 2021, 2023, 2024 |
Revenues | EUR 350 m |
Segment | Automotive & Mobility |