MAHLE worldwide / EN

History


MAHLE

MAHLE, world leader in engine components, was founded in 1920, in Stuttgart, Germany, by brothers Hermann and Ernst Mahle, for the production of light alloy pistons. Today, it operates in manufacturing facilities located in Europe, the United States, Mexico, China, India, Japan, Argentina and Brazil and has seven research and development integrated tech centers in Europe, the United States, Japan and Brazil.

In 1951 Ernst Mahle settles in Brazil and becomes the founder-partner of the company Metal Leve, establishing a solid partnership and supplying technology for the beginning activities.

In 1978 MAHLE acquired the stock control of Cima Componentes Automotivas S.A. and in the same year, began the construction of a manufacturing facility in the city of Mogi Guaçu (SP), which began operations in 1981 and from 1989 on, changed its company name to MAHLE Indústria e Comércio Ltda.

In June of 1996 Metal Leve S.A.’s controlling stockholders transferred the stock control to MAHLE GmbH, which in 1998 changed its company name to MAHLE Metal Leve S.A. deriving from the incorporation of MAHLE Pistões Ltda. (subsidiary of MAHLE Indústria e Comércio Ltda.) by Metal Leve S.A. Still in 1998, MAHLE Metal Leve entered a joint venture partnership with Miba, an Austrian company for sinterized products.

In 2001 stocks of MAHLE Metal Leve S.A. are transferred to MAHLE Indústria e Comércio Ltda, which centralized the investment’s control in Brazil.

In 2002 MAHLE Sistemas de Filtração Ltda was incorporated by MAHLE Metal Leve S.A., and in 2003 MAHLE Metal Leve stockholders approved the incorporation of MAHLE MMG Indústria e Comércio Ltda after having fully acquired the stocks from MAHLE Ventiltrieb GmbH.

In 2004 MAHLE Metal Leve GmbH was built with headquarters in Austria, which purposes to increment the Company’s exports, besides improving customer assistance and services provided.

In 2005 the Company began the construction and establishment project of the new Tech Center in the city of Jundiaí (SP).

In 2007 were acquired the operational assets of Dana Indústria Ltda. in the city of Gravataí for bearings production and the total shares of Establecimentos Metalurgicos Edival S.A. located in Argentina, which produces valves for original equipment and aftermarket segments. At the end of the same year, the business of pistons and cylinders distribution and aftermarket were acquired in the Argentinean market of MAHLE S.A. de Argentina (today, Compañia Rosarina S.A.), holly-owned of its controlling stockholder, by MAHLE Válvulas de Argentina S.A. (former Edival), holly-owned subsidiary of the Company.

In January of 2008 in Extraordinary General Meeting MAHLE Válvulas de Argentina S.A. (former Edival) approved, among other subjects, the change of its company name for MAHLE Argentina S.A. In May of this year the Company and the German company Hirshvogel Umformtechnik GmbH agreed to establish a joint venture partnership with the consequent acquisition by the Company of 51% of the ordinary shares in Forjas Brasileiras S.A. a privately-held company, with headquarters in the city of Queimados, State of Rio de Janeiro, changing the name of the company for MAHLE HIRSHVOGEL FORJAS S.A. In June, the new Tech Center (TC) was opened in the city of Jundiaí (SP), considered the utmost and more well equipped Tech Center in research and development on internal combustion engines of the Latin America, through a modern architectural concept was planned to affect the possible minimum the natural equilibrium of the Japi mountains where is located.

In November of 2010 the corporate restructuring of the MAHLE Group South America was approved that comprises, in general, the following phases: (a) merger of Mahle Componentes de Motores do Brasil Ltda. by its controlling quotaholder Mahle Participações Ltda.; (b) acquisition, by the Company, of quotas of Mahle Participações Ltda. held by Mahle Industriebeteiligungen GmbH; (c) merger of Mahle Participações Ltda. by the Company; (d) conversion of preferred shares of the Company to ordinary shares; (e) capital increase by private stock subscription; (f) Studies for a possible public offering of secondary distribution of shares of issuance of the Company; and (g) adhesion of the Company to the Novo Mercado listing segment of the BM&FBovespa.