PresseBox
Press release BoxID: 686981 (Rheinmetall Automotive AG)
  • Rheinmetall Automotive AG
  • Karl-Schmidt-Straße 2-8
  • 74172 Neckarsulm
  • http://www.rheinmetall-automotive.com
  • Contact person
  • Constanze Knupfer
  • +49 (7132) 33-3148

Dr. Alexander Sagel heading Hardparts division

First-tier auto-industry supplier: KSPG AG

(PresseBox) (Neckarsulm, ) Effective July 1, 2014, Dr. Alexander Sagel (43) has been appointed head of KSPG's Hardparts division which encompasses the following business units: Small-Bore Pistons, Large-Bore Pistons, Bearings, and Castings. The division subsumes the global operations of this first-tier auto-industry supplier within the Rheinmetall Group in the markets for small- and large-bore pistons as well as plain bearings, continuous castings, engine blocks, cylinder heads, and structural components. The companies belonging to KSPG's Hardparts division will in future be marketing their products throughout the business units under the well-known core brand of KS Kolbenschmidt.

After taking his doctorate in materials science and working in various positions at Daimler AG, Dr. Sagel joined the KSPG Group in July 2005 as Director Business Development and Innovation Services at KS Kolbenschmidt. As from 2010 he was in charge of global marketing at KS Kolbenschmidt and KS Aluminium-Technologie until in April 2012 he assumed overall responsibility for the Group's Small-Bore Pistons operations. This latter business unit he will continue to head in addition to his new function at the helm of the Hardparts division.

The division's management team also includes as to date CFO Dr. Peter Neu and Volker Fütterer, Head of Hardparts HR.

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Rheinmetall Automotive AG

As part of the Rheinmetall Group and with annual sales in the region of €2.46 billion, the KSPG Group ranks amoung the world's 100 biggest first-tier auto industry suppliers. A workforce of almost 12,000 is employed at 36 production locations in Europe, the Americas, Japan, India, and China. As a well-established development partner of the global OEMs, the Group has for over a century been working on sustainable engine refinements in terms of reduced emissions, lower fuel consumption and CO2 savings along with less weight and more output. These efforts are directed equally at truck and large engines. The lineup includes components and assemblies for emission reduction and fuel savings; coolant, oil and vacuum pumps plus pistons, plain bearings, engines blocks, and cylinder heads. The Group also operates a global aftermarket business.