Kendrion NV (KENDR) Price & Analysis

Established in Amsterdam, the Netherlands, in 1859, Kendrion N.V. is a specialist in the creation, production, and distribution of electromagnetic systems and their constituent components. The company caters to a wide range of industrial and automotive applications across the globe, maintaining a strong presence in Germany, broader Europe, the Americas, and Asia. Kendrion's operations are divided into two primary business units: Industrial and Automotive. Within its Industrial division, the company offers an extensive portfolio of solenoids, including switching, linear, locking, holding, door, oscillating, elevator brake, rotary, and customized designs. This segment also provides industrial control systems engineered to optimize automated manufacturing processes. Furthermore, it supplies crucial electromagnetic brakes for industrial safety, fire protection, elevators, various appliances, wind turbines, and aircraft, alongside microvalves employed in water purification systems. The Automotive segment delivers sophisticated electromagnetic components and solutions, as well as control units. These are integral to applications such as active suspension, thermal management, fuel systems, acoustic vehicle alerting systems (AVAS), sensor cleaning, transmission systems, and mobile hydraulics. Additionally, Kendrion develops electronic systems and components specifically for commercial vehicles, including buses, trucks, and those used in the construction and agricultural sectors. The company, which was originally known as Schuttersveld N.V., adopted its current name, Kendrion N.V., in 2001.