Key people Steve Salmon (CEO) Profit € 51.0 million (2014) Revenue 596.9 million EUR (2014) Number of employees 3,808 Parent organization Delphi Automotive | Operating income Headquarters United Kingdom Founded 1938 Net income 51 million EUR (2014) | |
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Products cable management solutions Website www.hellermanntyton.com Subsidiaries Harwich Holding Gmbh, Harwich Holdings, Inc | ||
Hellermanntyton exhibiting at industrial trade fairs around the world
HellermannTyton is a British registered company with affiliated companies in 36 countries manufacturing and supplying products for fastening, fixing, identifying and protecting cables and their connecting components. The company operates 12 manufacturing sites and employs worldwide over 3,800 people. It was listed on the London Stock Exchange until it was acquired by Delphi Automotive in December 2015.
Contents
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History
The company was founded by Paul Hellermann and Jack Bowthorpe in Croydon as Hellermann Electric, a subsidiary of Goodliffe Electric Supplies, in 1938. It moved to a new manufacturing site at Crawley in Sussex in 1948.
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. It launched the Tyton system, a method for cable bundling in continuous system, in 1965 and established HellermannTyton Corporation in Milwaukee in 1969. Then in 1976 it expanded into the aviation market, offering cable management solutions for airplanes.
The company established operations at Järfälla in Sweden in 1982, at Hyogo in Japan in 1986 and in Wuxi and in Shanghai in China in 1998. It then began harmonising its branding under the single worldwide trademark HellermannTyton in 1999. After that, in 2000, it established a new plant at Tornesch near Hamburg with 15,000 m² of production and storage space.
The company was sold by its then owners, Spirent, to funds controlled by Doughty Hanson & Co for £289m in 2006. It was then the subject of an initial public offering in March 2013. In September 2013 Doughty Hanson & Co sold a further 20.9% stake in the company for £119.25m.
In July 2015 Delphi Automotive made an offer to buy the company for $1.7 billion. The acquisition was completed on 18 December 2015 and HellermannTyton became constituent part of Delphi's Electrical/Electronic Architecture division.
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 bundeling in continuous system.
Manufacturing sites
The company has operations in 35 countries: it produces its products at twelve manufacturing sites. Three production facilities are located in the UK (Manchester, Plymouth, Northampton). The others are located in Poland (Kotunia, within Słupca County), France (Trappes), Germany (Tornesch), South Africa (Johannesburg), Singapore (Yishun), China (Wuxi), Japan (Hyogo), USA (Milwaukee) and Brazil (Jundiai).
Processed materials
The materials processed are usually engineering plastics: PA 6.6 (in different condition, like heat stabilized, UV-resistant, weather resistant, impact modified, glass filled, mineral filled, colored); PE, PP with different modifications; POM; PA 11, PA 12; PEEK; ETFE (Tefzel®); PA 46; other technical thermoplastics; Chloroprene Rubber.
Sectors and divisions
The company produces for diverse markets and industries including Original equipment manufacturers for passenger cars, rail carriages, aircraft and ships as well as products used in electronics, telecommunication equipment, appliances or on construction sites.
Product sales are categorized into to 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 programms, 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 molding.