Sogefi is a world leader in automotive components in three areas: suspensions, filtration, air and cooling. Founded by CIR in 1980, the group is present in 23 countries.
Sogefi at a glance
Sogefi develops and produces components for suspensions, filters, and air & cooling systems. It has partnerships with leading car makers worldwide and operates in the original equipment and original replacement markets, and independent aftermarkets. The company, controlled by CIR with a 56.7% stake, is listed in the STAR segment of the Borsa Italiana (Italian stock exchange).
The group has approximately 6,800 employees. In 2019, it had revenues of € 1.52 billion, EBITDA of € 174.3 million and a net profit of € 3.2 million.
Sogefi is the company in the group with the most international footprint, present in four continents with 40 production plants. The company is expanding rapidly in markets outside Europe – which accounts for 40% of revenues – particularly in North America, South America and Asia.
To ensure its future growth, Sogefi intends to develop innovative and high technology products, consolidate leadership in certain components, and cover all geographic areas that are growing.
Cooling products offer the greatest opportunities thanks to the spread of New Energy Vehicles (NEV) that include hybrid, battery electric and combustion cell electric vehicles. The internal combustion engine, however, will still account for a substantial part of the market for some time. In this context, Sogefi is aiming for profitable growth with differentiated product strategies for all types of vehicles.
2019 revenues by area of activity (Million €)
|Suspensions||36||%||€ 549.7 M|
|Filters||36||%||€ 546.4 M|
|Air and cooling systems||28||%||€ 426.1 M|
2019 revenues by geographic area (Millions €)
|Europe||61||%||€ 928.7 M|
|North America||19||%||€ 288.7 M|
|South America||10.4||%||€ 160.6 M|
|Asia||9.6||%||€ 149.9 M|
How the company operates
Over time, the group has demonstrated a great capacity to integrate different cultures, technologies and markets. Sogefi bases its way of working across six values.
Sogefi produces a complete range of suspensions: coil springs, stabilizer bars, torsion bars, stabilinkers, leaf springs and track adjusters.
Sogefi is the second producer in Europe in the stabilizer bar segment.
The suspensions are developed in close cooperation with the makers of cars, light and heavy commercial vehicles, earth-moving machines, armored vehicles and railway rolling stock.
The division also produces precision springs, which are used in a diversity of industrial sectors (aerospace, nuclear energy, transport, energy production and distribution oil and gas, medical).
The Suspension Business Unit, which is the least exposed to sector trends, has 21 plants in 12 countries.
Sogefi produces a complete range of filters (oil, petrol, diesel fuel, air and passenger cabin) for original equipment, replacement for original suppliers, and for the independent Aftermarket, with important technological innovations.
Sogefi is the world’s second producer of oil filters.
The Filtration Business Unit has 14 plants in 11 countries.
The Sogefi Aftermarket serves all auto repair market channels for independent workshops at the world level, with the brands Purflux, FRAM®, CoopersFiaam and Tecnocar for light vehicles and Sogefi Pro dedicated to applications for commercial vehicles.
The Purflux filters, in particular, are the leader in France’s Aftermarket.
The Aftermarket, which represents 55% of the division’s European sales, guarantees resilience against any eventual fluctuations of volumes in original equipment.
Air and cooling
Sogefi produces high technology plastic components for cooling motors, in close cooperation with carmakers’ R&D departments. In particular, it produces intake manifold systems, air induction systems, charged air ducting, thermostat housing and ducts, coolant pump modules.
Sogefi is the second producer in the world of intake manifold systems.
The Air and coling division, which has 7 plants in 6 countries, has many opportunities for growth in the electric Power Train context.
The group distinguishes itself for its great commitment to research: each year, in fact, it invests around 3% of consolidated revenues in R&D and has four research centers and development centers, located in Brazil, China, France, Germany, India and the United States of America.
Researchers work toward the continuous improvement of products in terms of life cycle, effectiveness, size, weight and environmental compatibility.
Sogefi’s balanced client portfolio is one of its strengths. The major clients – PSA, Renault/Nissan, Ford and FCA – each represent more than 10% of sales.
2019-2018 revenues by client
|FCA / CNH Group||10.1||%||2019|
|FCA / CNH Group||11.2||%||2018|
|Renault / Nissan||11.7||%||2019|
|Renault / Nissan||11.1||%||2018|
Sogefi in the world
Sogefi’s industrial facilities are located in Italy, France, Germany, United Kingdom, the Netherlands, Romania, Spain, Slovenia, United States, Canada, Mexico, Brazil, Argentina, India, China and Morocco.