Based in Esslingen, the Eberspächer Group is one of the world’s leading system developers and suppliers of exhaust technology, vehicle heaters and bus air conditioning systems as well as a professional innovation partner for the automotive industry in air conditioning of special-purpose vehicles and in automotive electronics. Customers include almost all European and North American, and increasingly more Asian manufacturers of passenger cars and commercial vehicles. With more than 8,600 employees the internationally positioned group generates sales of about 4.4 billion Euros.
Vecture Inc. provides portable battery management systems (BMS) for medical, military and industrial applications. For more than ten years Vecture has developed, tested and produced BMS systems for customers in North America and Europe at its plant in Concord, Ontario. Founded in 2001, the company is a certified medical technology provider and a leader in the development of energy-saving and performance applications for special-purpose vehicles.
Eberspächer has acquired 80 percent of the shares in Vecture while the founders retain 20 percent and will continue to be active in the management of the company. With this investment, Eberspächer further expands its electronics business within the Automotive Controls division. Vecture’s extensive expertise in the development and production of mission critical battery management systems, and of complete energy storage systems, facilitates further expansion to the supplier’s vehicle electronics portfolio and provides an excellent basis to address the rapidly growing energy storage market.