We are newly certified for IATF 16949:2016

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Dear Business Partner,

Herewith we’d like to inform you about the successful Certificate of Registration for IATF 16949:2016 that has taken place last week.

This certificates that the Quality Management System of PrimoTECS S.p.A. – for both plant-locations, Villar Perosa and Avigliana – has been assessed by TÜV SÜD and found to be in conformance to the automotive international quality standard IATF 16949:2016.

The scope of Registration is to guarantee the Manufacturing of pressed steel components & respective processing and assemblies in compliance with the most widely used international standards in the automotive industry.

We are convinced that this certification, its defined criteria and high expectations helps us to improve our quality and service performance, through a robust quality management system. Those points are crucial for us to gain the trust of our stakeholders and show this via internationally accepted standards.

Because we are proud on the achieved result, we like to share some strengths highlighted by the auditor with you:
Our production in both locations, especially the interacting employees in production, have shown a thorough knowledge and awareness of their tasks, especially for the activities of self-control of the product, as well as management of the machine.

At the control stations in production, each instrument used for a specific measurement shows the drawing of the measurement to be controlled and the measurement method.
Concerning the process development & industrialization, the auditors highlighted the useful and detailed drawings, that clearly describe the set-up of the equipment (forging and machining) and the sequence of the manufacturing operations.

We are approaching the business in a structured and organized way, we are analysing and improving the whole value-chain of our processes and their interactions, by means of a continuous improvement approach. This approach is to ensure the quality of PrimoTECS products and services. Because we are striving to be a reliable business-partner for you.

If you have any questions, please feel free to contact us directly.
Thank you, in advance, for your understanding and trust.

Sincerely,

Your PrimoTECS-team

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Acquisition of Tekfor S.p.A.

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Mutares starts into 2020 with the successful completion of the acquisition of Tekfor S.p.A.

  • Well-known Italian manufacturer of automotive components with sales of approx. EUR 120 million expected in 2020
  • New platform investment strengthens the Automotive & Mobility segment
  • Tekfor S.p.A. now operates under the new name PRIMOTECS

Munich/Milan, 4 February 2020 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of the Italian business of Tekfor Group, a manufacturer of high-quality components for Tier 1 and Tier 2 suppliers in the automotive industry. With the successful completion of the acquisition, the Italian company will operate and market under the new name PRIMOTECS.

PRIMOTECS employs approx. 670 people and operates two production sites in Northern Italy, where it produces components for use in electric, hybrid and conventional powertrains. The company has established itself as a well-known, profitable supplier within the automotive sector as well as the truck industry and related industries. In financial year 2020, the system supplier expects sales of approx. EUR 120 million with a break-even operating result. Under the new name PRIMOTECS, which stands for Mobility, Transmission, Engine Components & Solutions, the company will concentrate on the development of the current business, the capitalization of the acquired know-how and acceleration of further collaboration with customers.

“We are happy having completed the acquisition of PRIMOTECS and welcome our new colleagues to the Mutares family. I am convinced that due to our operational experience and expertise in the automotive segment, together we will develop PRIMOTECS successfully and bring even more value to its customers by extending the offering towards a solution supplier”, says Johannes Laumann, CIO of Mutares.