KOKINETICS continues with its vision of global growth

31st July 2013

Kokinetics latest key business acquisition will continue to contribute their global growth while supporting key objectives of their customers.

Pampus Automotive s.r.o. (http://www.pampus-automotive.eu/de/), located in Kamenice nad Lipou (Czech Republic), will be part of Kokinetics GmbH with the Headquarters located in Kriftel/Frankfurt am Main. This key acquisition was made on April 30, 2013 and now is fully supported by Kokinetics GmbH.

The Kokinetics Group now has over 450 employees on a global basis, develops and produces high tech precision parts for the global Automotive Industry. Kokinetics is specialist in seat structures, seat mechanisms and transmission parts. This acquisition will support Germany as well as sales and engineering offices in Detroit (USA), Colmar (France), Sao Paulo (Brazil) and a production facility in China (projected Q4/2013). Please find further information on our website www.kokinetics.com.

Pampus Automotive s.r.o. is being renamed into KOKINETICS S.R.O., starting June 1, 2013. The company will continue to be run by Roman PUSCH who has tremendous experience and expertise to continue the vision of growth at Kokinetics. Andreas STOLTZE, CEO and major shareholder of Kokinetics GmbH, will join the management board in order to guarantee a fast integration into the group. Currently, Kokinetics s.r.o. has a staff of 250 employees and produces many technical and sophisticated metals products for the Automotive, Commercial Vehicle and Train Industry.

Contracts and agreements made with Pampus Automotive s.r.o. continue to be valid as we will make the integration as seamless as possible.

We would like to thank you for your trust and look forward to continue a mutually beneficial partnership and cooperation. Please inform all relevant departments and individuals within your company. As further information becomes available that will be communicated as well.

Andreas Stoltze
Geschäftsführender Gesellschafter / CEO