HellermannTyton

Last updated

HellermannTyton
IndustryElectrical/Electronics
Founded1938
Productscable management products
Revenue€596.9 million (2014) [1]
€83.0 million (2014) [1]
€51.0 million (2014) [1]
Number of employees
5,400 (2019) [2]
Parent Aptiv PLC
Website www.hellermanntyton.com

HellermannTyton is a British registered company with affiliated companies in 37 countries manufacturing and supplying products for fastening, fixing, identifying and protecting cables and their connecting components. The company employs worldwide over 3,800 people. [3] It was listed on the London Stock Exchange until it was acquired by Delphi Automotive in December 2015. [4] Delphi has since renamed and separated the part of its business that is focused on automated driving and electrification, calling the new entity Aptiv. [5]

Contents

History

The company was founded by Paul Hellermann and Jack Bowthorpe in Croydon as Hellermann Electric, a subsidiary of Goodliffe Electric Supplies, in 1938. [6] It moved to a new manufacturing site at Crawley in Sussex in 1948. [6]

In 1964 the company acquired Insuloid Manufacturing, a business which had been founded in 1933 by the Emery family in Hulme, Manchester manufacturing bus-bar insulations. [7] [8] It launched the Tyton system, a method for cable bundling in continuous system, in 1965 [9] and established HellermannTyton Corporation in Milwaukee in 1969. [10] Then in 1976 it expanded into the aviation market, offering cable management products for aeroplanes. [11]

The company established operations at Järfälla in Sweden in 1982, [12] at Hyogo in Japan in 1986 [13] and in Wuxi and in Shanghai in China in 1998. [14] It then began harmonising its branding under the single worldwide trademark HellermannTyton in 1999. [15] After that, in 2000, it established a new plant at Tornesch near Hamburg with 15,000 m2 of production and storage space. [16]

The company was sold by its then owners, Spirent, to funds controlled by Doughty Hanson & Co for £289m in 2006. [17] It was then the subject of an initial public offering in March 2013. [18] In September 2013 Doughty Hanson & Co sold a further 20.9% stake in the company for £119.25m. [19]

In July 2015 Delphi Automotive made an offer to buy the company for $1.7 billion. [20] The acquisition was completed on 18 December 2015 [4] and HellermannTyton became constituent part of Aptiv's Engineered Components Group division. [21]

Origin of name

The name HellermannTyton is a Portmanteau of the founders surname, Paul Hellermann, and the 1965 invented "Tyton System", a method for cable bundling in continuous system.

Operations

Manufacturing sites

Three production facilities are located in the UK (Manchester, Plymouth, Northampton). The others are located in Poland (Kotunia, within Słupca County), [22] France (Trappes), Germany (Tornesch), South Africa (Johannesburg), Singapore (Yishun), China (Wuxi), Japan (Hyogo), Korea (Incheon), USA (Milwaukee), [23] Mexico (General Escobedo) and Brazil (Jundiai). [16]

Processed materials

The materials processed are usually engineering plastics: PA 6.6 (in different condition, like heat stabilised, UV-resistant, weather resistant, impact modified, glass filled, mineral filled, coloured); PE, PP with different modifications; POM; PA 11, PA 12; PEEK; ETFE (Tefzel); PA 46; other technical thermoplastics; Chloroprene Rubber. [24]

Sectors and divisions

The company produces for diverse markets and industries including Original equipment manufacturers for passenger cars, rail carriages, aircraft and ships [25] as well as products used in electronics, telecommunication equipment, [26] appliances or on construction sites. [27]

Product sales are categorised into the following segments:

New parts development

The company develops products based on customer requirements. e.g. custom-made automotive wiring harnesses for passenger cars, for ship and aircraft manufacturers and other industries such as "white goods". Products are designed using design programs, known as CAD systems, in 3D. The designs are produced in a small series of prototypes sent to the customer for installation in vehicles, machinery etc. for testing purposes. After testing the part, corresponding quantities are made using injection moulding. [33]

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References

  1. 1 2 3 "Annual Report 2014" (PDF). HellermannTyton. Retrieved 28 March 2015.
  2. ↑ "VISITE BEI EINEM WELTMARKTFÜHRER IN TORNESCH". Pressestelle des Ministeriums für Wirtschaft, Verkehr, Arbeit, Technologie und Tourismus Schleswig Holstein. 5 August 2019. Retrieved 14 August 2019.
  3. ↑ "Investor and Analyst Site Visit". Londonstockexchange. Archived from the original on 12 February 2015. Retrieved 12 September 2014.
  4. 1 2 "Delphi completes acquisition of HellermannTyton". Evertiq. 18 December 2015. Retrieved 18 December 2015.
  5. ↑ "Delphi CEO says Aptiv, Delphi Tech can thrive on their own". Reuters. 27 September 2017. Retrieved 5 December 2017.
  6. 1 2 "History page HellermannTyton UK". Hellermanntyton.co.uk. Archived from the original on 6 November 2012. Retrieved 18 September 2013.
  7. ↑ "1933 Insuloid Manufacturing Company founded by the Emery". HellermannTyton Limited UK. Retrieved 28 October 2014.
  8. ↑ "Doughty sells part of HellermannTyton stake". unquote.com. 26 September 2013. Retrieved 16 November 2013.
  9. ↑ "Kabelbündelungsverfahren im Endlossystem Namen "Tyton"" . Retrieved 18 September 2013.
  10. ↑ "Electrical Equipment/ Company Overview of HellermannTyton Corporation". BLOOMBERG BUSINESSWEEK. Archived from the original on 9 March 2010. Retrieved 18 September 2013.
  11. ↑ "Archiv of the aviation magazine Flight Global 1976". Flightglobal. 27 November 1976. Retrieved 18 September 2013.
  12. ↑ "Kostnadseffektiv uppgradering utan modifieringar (PDF, in Swedish)" (PDF). Movex/M3 (Movex User Association, MAF). Retrieved 16 November 2013.
  13. ↑ "HellermannTyton Group plc/ History". HellermannTyton group plc. Retrieved 10 December 2013.
  14. ↑ "Website HellermannTyton China". Hellermanntyton.com.cn. Archived from the original on 16 January 2014. Retrieved 18 September 2013.
  15. ↑ "HellermannTyton-U.S. federal trademark registration was filed for HELLERMANNTYTON". Trademarkia, Inc. 26 March 2012. Retrieved 10 December 2013.
  16. 1 2 "SOMOS NEWS 1/2010" (PDF). ProTec Polymer Processing GmbH. Retrieved 10 December 2013.
  17. ↑ "HellermannTyton a Spirent Company/ Overview". UK Business Park. Retrieved 28 October 2014.
  18. ↑ "Doughty doubles money on HellermannTyton". IPO E-Financial. Retrieved 26 March 2013.
  19. ↑ "Doughty Hanson sells part of HellermannTyton stake for £119m". AltAssets. 26 September 2013. Retrieved 26 September 2013.
  20. ↑ "Delphi Automotive Agrees to Buy HellermannTyton for $1.7 Billion". The New York Times. 30 July 2015. Retrieved 31 July 2015.
  21. ↑ "Delphi banks on acquisitions for strong growth". The New York Times. 5 August 2015. Retrieved 13 August 2015.
  22. ↑ "Hellermann chce produkować w Kotuni". slupca.pl. 13 November 2013. Retrieved 8 September 2014.
  23. ↑ "HellermannTyton plans for possible expansion on northwest side". jsonline.com. 22 January 2016. Retrieved 25 January 2016.
  24. ↑ "SOMOS NEWS 1/2010 / Materials Range" (PDF). ProTec Polymer Processing GmbH. p. 2. Retrieved 10 December 2013.
  25. ↑ "Mayor Barrett (Milwaukee) delivers State of the City Address". biztimes.com. Retrieved 26 February 2014.
  26. ↑ "HellermannTyton a Spirent Company/ Overview". CRONY d.o.o. Archived from the original on 25 February 2012. Retrieved 10 December 2013.
  27. ↑ "TYCO ELECTRONICS LTD., 2011 ANNUAL REPORT" (PDF). TYCO ELECTRONICS LTD. 18 November 2011. Retrieved 15 November 2013.
  28. ↑ "RS Components Strengthens Global Agreement With HellermannTyton". Finanznachrichten.de. 1 September 2010. Retrieved 18 September 2013.
  29. ↑ "FE investegate.co.uk". Investegate. Retrieved 21 October 2013.
  30. ↑ "Delphi Positions for Strong Growth with Acquisitions and Investments Expands Capabilities". aptiv.com. 30 July 2015. Retrieved 29 August 2018.
  31. ↑ "Delphi Positions for Strong Growth with Acquisitions and Investments; Expands Capabilities". APTIV. Retrieved 1 March 2021.
  32. ↑ "HellermannTyton Group PLC Statement re investor and analyst site visit". The Wall Street Journal wsj.com. 27 September 2013. Retrieved 10 December 2013.
  33. ↑ "HellermannTyton at the EPLAN Data Portal". E Plan. Retrieved 27 October 2017.
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