IR-Mitteilungen

New OHB subsidiary: KT Automotive GmbH spin-off with 23 employees and sales of around EUR 7 million

Realignment of global market leader for automotive crash test data acquisition systems

Munich/Bremen, 08-25-08. Kayser-Threde GmbH has spun off its successful Automotive division to become an independent company, KT Automotive GmbH. This step gives the Automotive activity more visibility, autonomy, and flexibility within the OHB Group (Prime Standard, ISIN: DE0005936124). KT Automotive GmbH develops, manufactures and sells data acquisition systems for crash tests. With a market share of roughly 70 %, the company is the leading supplier of corresponding hardware, software, and services worldwide.

"The spin-off is of great importance to us since the new company has been tailored to our customers' needs and demands. We are now in a position to place more emphasis on trend-setting technologies such as in-dummy measurement and the related dummy-service", says Gerhard Haas, long-term Director of the Automotive Division and now Managing Director of KT Automotive GmbH.

Safety-relevant crash tests are carried out worldwide and more than 80 customers use systems and solutions provided by Kayser-Threde. Customers can be found wherever cars and safety-relevant accessories such as car seats, seatbelts, and airbags are developed. While crash test simulation helps shorten product development cycles drastically, it cannot replace actual crash tests. Rising requirements for car safety and increased automotive diversity lead to a continuous demand for new crash test data acquisition systems.

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About Kayser-Threde:
Founded in 1967, Kayser-Threde GmbH has a global customer base, including the industry, space agencies, national governments, and scientific institutions. Kayser-Threde offers the complete realization of a project to its customers. The scope ranges from studies, analyses, and system design to special developments, test procedures, production, implementation, and operation and support. Because of the rigorous requirements in aerospace, Kayser-Threde GmbH has established the highest quality standards, reflected in the reliability of its products, system solutions, and processes.

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