XAMS
KENDR
Market cap354mUSD
Oct 09, Last price
19.40EUR
Name
Kendrion NV
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Profile
Amsterdam-headquartered Kendrion N.V., established in 1859 and formerly known as Schuttersveld N.V. until 2001, specializes in the global development, manufacturing, and marketing of electromagnetic systems and components. Serving both industrial and automotive sectors across Germany, Europe, the Americas, and Asia, the company operates through two distinct segments. The Industrial segment offers an extensive range of solenoids, including switching, linear, locking, holding, door, oscillating, elevator brake, rotary, and custom varieties. This division also provides sophisticated industrial control systems aimed at optimizing automated processes. Furthermore, it supplies critical electromagnetic brakes for industrial safety applications, fire protection, elevators, appliances, wind turbines, and aircraft, alongside microvalves used in water purification. Within its Automotive segment, Kendrion develops electromagnetic components and integrated control units essential for active suspension, thermal management, fuel systems, acoustic vehicle alerting, sensor cleaning, transmission systems, and mobile hydraulics. The company also furnishes electronic systems and specialized components tailored for buses, trucks, and heavy-duty construction and agricultural vehicles.
Related entities
Subsidiaries
Kendrion Finance B.V.
Key people
Independent Chairman of the Supervisory Board · since 2021
Joep Van Beurden
Chief Executive Officer, Member of the Executive Board · since 2015
Jeroen Hemmen
Chief Financial Officer, Member of the Executive Board · since 2022
Erwin Doll
Independent Member of the Supervisory Board · since 2020
Mirjam Baijens
Independent Member of the Supervisory Board · since 2024
Everien Slijkhuis
Independent Member of the Supervisory Board · since 2023
Headquarters & legal address
Herikerbergweg 213
Amsterdam 1101CN
NL
Amsterdam 1101CN
NL
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