Press

Behr and Kale form joint venture to develop the Turkish market

Stuttgart / Istanbul, July 30, 2010

Behr GmbH & Co. KG, specialist for automotive air conditioning and engine cooling, and Kale Oto Radyatör A.Ş., an auto supplier specializing in engine cooling, have founded a joint venture based in Istanbul in which each party holds a 50% share. The joint venture Kale Behr Otomotiv A.Ş. is to sell engine cooling and air conditioning systems for cars, light commercial vehicles and trucks in Turkey.

“Several of our customers already have vehicle manufacturing operations in Turkey and are aiming to expand this basis. The country’s domestic market also offers interesting potential. Through this sales joint venture we aim to participate substantially in this market", says Markus Flik, Behr Group CEO.


As an interface between Europe and Asia, Turkey is becoming an increasingly important location for the European auto industry, both for the export market and local production. Over the past years, the country has grown into a central hub for the European auto and parts supplier industry and is a key gateway to the markets in the Middle East and in the neighboring countries. In 2009, around 870,000 vehicles were produced in Turkey: 360,000 commercial vehicles and 510,000 passenger cars. For the coming years, forecasts predict an average annual growth in this region of around 5%.


“Kale Behr Otomotiv will play an important role in the way of offering a wider range of engine cooling and HVAC solutions to our common customer base here in Turkey and also in the neighboring countries, with an improved availability of specific product technologies and combination of engineering and manufacturing strengths of both companies”, says Celal Kaya, Member of the Board of Kale Oto Radyatör.


About Kale:

Kale Oto Radyatör A.S. is based in Istanbul, with its main manufacturing site located at Çayırova - Gebze, South East of Istanbul. Kale offers an extensive range of heat exchangers , including radiators, heater cores, condensers, intercoolers, oil coolers, engine cooling modules and HVAC systems, supplying to a wide range of motor vehicle manufacturers, such as passenger cars, light and heavy duty commercial trucks, buses and also to agricultural and industrial machinery producers. Kale currently employs about 550 employees and is well placed to serve the automotive industry in Turkey and in the neighboring countries.


About Behr:

Behr GmbH & Co. KG, based in Stuttgart, Germany, is a systems partner for the international automobile industry. A specialist in automotive air conditioning and engine cooling systems, the Behr Group is one of the world’s leading manufacturers and suppliers of original equipment for passenger and commercial vehicles. Group sales in the 2009 business year came to around 2.5 billion euros. Behr currently employs some 16,000 staff at 17 development locations, 28 production sites, and 12 joint venture companies worldwide.


For further information, please contact:

Behr GmbH & Co. KG

Stephanie Reuter

Director Group Communications

Mauserstrasse 3

70469 Stuttgart

Germany

Tel.: +49 (0) 711/896--2645

Fax: +49 (0) 711/896-2348

icon for mailto function stephanie.reuter@behrgroup.com


Kale Oto Radyatör A.Ş.

Burçin Birdane

Officer of Communications

İstanbul Cad. No: 142 41420 Çayırova
Gebze — KOCAELİ / TURKEY

Tel.: +90 262 - 744 18 52 (pbx)
Fax: +90 262 - 744 12 75

icon for mailto function kale@kaleoto.com.tr

Behr
Kale Oto
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