French components manufacturer Hutchinson SA has finalised the acquisition of a 60% stake in Thermal Control Systems Automotive (TCSA) from German automotive supplier Mann+Hummel. TCSA is now a joint venture between the two companies, dedicated to thermal management and cooling systems for vehicles, particularly EV and HEV and integrated in Hutchinson’s FMS (Fluid Management Systems) activity.
Hutchinson says it intends to reinforce its leading position in the fluid management market for the automotive sector, particularly for hybrid and electric vehicles.
Based in Laval (France) and employing around 60 people, TCSA is already operational and is going to continue to develop in the years to come. The company offers a complete range of active valves to manage the circulation of fluids inside a vehicle. These valves are adaptable to any type of platform. The technologies in question contribute significantly to the reduction of CO2 emissions.
Thierry du Granrut, Senior VP of Strategy and Business Transformation at Hutchinson, stated “I am delighted with the creation of this joint venture which will enable us to propose a more global system offer for fluid management with multiple materials and extended functions.”
“We are very enthusiastic about the idea of being able to work with Hutchinson’s experts to pool our knowledge and know-how and thus develop efficient solutions for the mobility of the future,” declared Sébastien L’Azou, Director of the TCSA site in Laval.