LMS
Supplier of plastic components for the automotive industry
The Company is a supplier of plastic components for the automotive industry.
LMS is a global supplier of plastic exteriors and systems whose products include fascias, grilles, rocker and side panels, spoilers and other exterior trim parts, modular systems, class A body panels for the leading Automotive OEMs.
LMS is part of the Mutares portfolio since July 2021. The company manufactures components mainly for automotive at the current three production sites in the western part of Germany and is counting on a state-of-the-art injection moulding technology, painting, chroming and assembly. The company has established itself as a well-known supplier in the automotive sector directly delivering to the assembly lines of the OEMs. The system supplier generated approximately EUR 360 million in revenues in 2020 with its approx. 1700 employees.
Strategy
With the new name LMS introduced in July, which stands for Light Mobility Solutions, the company focuses on the further development of its current business, the use of the know-how it has acquired and the intensification of cooperation with customers, supported by the Mutares inhouse operative consulting team.
Portfolio Information
| Headquarters | Obertshausen, Germany |
|---|---|
| Seller | Magna |
| Year of Acquisition | 2021 |
| Revenues | EUR 360 Mio. |
| Segment | Automotive & Mobility |
