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FEV expands expertise in global vehicle development

FEV acquires majority share in vehicle body system developer Imperia GmbH

On November 1, 2016, global engineering services provider FEV acquired a majority interest in vehicle body system developer Imperia GmbH. Through this strategic expansion, FEV, a leading provider of vehicle technology engineering services, is expanding its expertise in the full vehicle development business segment. Imperia, headquartered in Aachen, Germany, develops innovative lightweight automotive solutions, ranging from individual components to the entire vehicle body.

“Automation, connectivity, and demand-driven mobility concepts with alternative drives will have long-term influence on the vehicle landscape and create new requirements for the future – with regard to driving behavior and NVH (Noise,Vibration and Harshness). Because of our extensive experience, we are in a position to assist our clients with the development of individual vehicle concepts, from the initial idea through series production,” explains Professor Stefan Pischinger, president and CEO of FEV. “With the integrationof Imperia into the FEV Group, we are not only expanding our portfolio withinnovative products, but we are also gaining important new employees with specific engineering know-how.”

"We are convinced that Imperia GmbH will be an important part of the FEV Group with its specialization in the development of vehicle bodies and forward-looking lightweight designs," adds Professor ThiloRoeth, managing director of Imperia GmbH. "We see ourselves as an ideal complement to FEV’s fields of expertise and look forward to jointly building the worldwide reputation of automotive engineering made in Aachen."

Imperia GmbH was founded in 1998. The engineering service provider for applied vehicle development has specialized in body development for shell structures as well as exterior and interior components. With innovative services as well asits own products, Imperia is already a well known company in the European automotive industry. In addition to forward-looking lightweight composite structures in multi-material construction, Imperia offers its modular body kitproduct “FlexBody” on the market.It was developed for industrial use in collaboration with industry partners RWTH Aachen, TU Braunschweig, and FH Aachen. “FlexBody” is a freely shaped body structure for small- to medium-series vehicle projects, particularly electric vehicles and sports cars. In this modularsystem, profiles and node structures are combined to form a holistic body design, thus enabling short development times and low costs. With “UrbE,” Imperia has already designed a fully electric urban vehicle in which, thanks to FlexBody, lightweight construction is implemented at alevel normally associated with large-series production vehicles.

About FEV

The FEV Group, with headquarters in Aachen, Germany, is an internationally recognized vehicle development services provider. FEV’s expertise ranges from consulting to the development and testing of innovative vehicle concepts all the way up to readiness for serial production. Besides engine and transmission development, vehicle integration, calibration, and the homologation of state-of-the-art gasoline and diesel engines, increasing importance is being placed on the development of hybrid and electric powertrains as well as alternative fuels. The experts also focus on the advancement of electronic control systems, plus continued vehicle networking and automation.

The FEV Testing Solutions product portfolio complements this offering by producing cutting-edge test bench measuring equipment in addition to software solutions that help make development more efficient and transfer significant process steps from the road to the test rig—or even to a computer simulator.

As a global service provider, the company offers these services to its transport industry customers anywhere in the world. The FEV Group employs over 4,000 highly-qualified specialists in high-tech development centers near its customers at 35 locations on four continents.

Image Caption

[Signing]

Official contract signing: FEV acquired a majority interest in Imperia GmbH.(from left to right) Dr. Norbert Alt, Vice president of FEV, Sami Sagur, CFO and Executive Vice President of FEV Group(Holding GmbH), Prof. Dr. Stefan Pischinger, President & CEO FEV Group (Holding GmbH), Prof. Dr. ThiloRöth, Managing Director of Imperia GmbH, Gerhard von Kulmiz, Managing Director of Imperia GmbH

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Source: FEV GmbH

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