SDAAC and ERAE Automotive Form ESTRA, a New Global Brand Focusing on Thermal Solutions for Automotive Applications
Shanghai Aerospace Automobile Electromechanical Co., Ltd. (HT-SAAE) today announced the creation of new global automotive thermal solutions provider ESTRA. The previously distinct brands - ERAE Automotive and SDAAC will now operate as one brand: ESTRA. The result of the acquisition of a majority of shares in Korean firm ERAE’s thermal business unit (ERAE Automotive) by HT-SAAE, ESTRA becomes a global partner in automotive thermal solutions, focused on automotive air conditioning and engine cooling. Its global engineering and manufacturing presence in Asia, Europe and the Americas enables ESTRA to deliver accessible, tailor-made solutions to its customers.
Zhang Jiangong, Board Chairman, HT SAAE and Executive Chairman, ESTRA, commented: “We strive to create a high-quality listed company featuring sustainable development, social responsibility and reasonable returns to shareholders, and the new brand will further enable us to attain this goal.”
ESTRA is recognized by both its customers and the industry, as its many awards have proven along the years. Rengan Krishnakumar, Global CEO of ESTRA, commented: “My leadership and I are fully committed to our vision: Be the most preferred partner for each of our customers – We do this by continuously developing ourselves individually and as one family. This reflects our focus on positive, collaborative connection with our customers as well as a passion to develop all our employees.”
“The new brand ESTRA represents our commitment to focus on long-term relationships with our customers, our employees and our suppliers. Ultimately, it is our goal to become one of the five leaders in automotive thermal solutions globally.”
Just as the company’s state-of-the-art components fit seamlessly into automotive systems to improve passenger comfort, ESTRA’s seasoned team is dedicated to providing a stable, cutting-edge development process for its customers. Our commitment to collaborative development enables our customers to seamlessly realize their vision for the vehicle.
ESTRA is a global player in the automotive thermal industry. The air conditioning and engine cooling systems they produce are designed with experienced engineering teams meeting customer needs. Its global presence spreads on 4 Technical Centers and 14 manufacturing plants in the world. ESTRA was formed by the acquisition of ERAE Automotive by HT-SAAE in 2019.
To learn more about ESTRA, please visit estra-automotive.com/about-us.
Branding & Communications Specialist
+352 691 260 130
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Mary Kay Continues Its Commitment to Skin Science Research in Its First Ever Partnership With International Master Course on Aging Science29.1.2020 14:00:00 CET | Press release
Mary Kay, one of the world’s most innovative skincare companies, announces its partnership with the International Master Course on Aging Science (IMCAS). From January 30 – February 1, IMCAS will hold its annual 22nd World Congress in Paris, France, where prominent international experts in dermatology, plastic surgery and aging science will showcase and learn some of the latest research innovations with the goal of improving practice standards. With over 12,000 attendees expected to attend this year, 345 scientific sessions and 800 internationally renowned specialists presenting, the IMCAS 22nd World Congress offers a unique experience, with an exhaustive list of courses and sessions throughout the conference, designed to enrich one’s professional knowledge and skillset. “We are excited to continue partnering with the scientific community worldwide and are committed to sharing our innovative research with professionals in skin science and aging,” said Dr. Lucy Gildea, Chief Scientific O
Calvin Klein, Inc. and Calvin Klein Fragrances Announce CK ONE Underwear and Jeans and CK EVERYONE Fragrance29.1.2020 13:00:00 CET | Press release
Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. [NYSE: PVH], and Calvin Klein Fragrances, a division of Coty Inc. [NYSE: COTY], today revealed the new CK ONE underwear and jeans collection and CK EVERYONE, a clean fragrance, both inspired by the raw and rebel spirit of the original CK ONE. The collection and fragrance are unveiled in a global advertising campaign, proclaiming, “I am one, I am many. I love everyone of me.” This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200129005245/en/ (Photo: Business Wire) A tribute to individuality and the freedom of self-expression, the campaign shot by Glen Luchford stars a group of modern multi-hyphenates including musician and actor Eliot Sumner, skater and photographer Evan Mock, musician and makeup artist MLMA, rapper and dancer Priddy the Opp, and models Cara Taylor and Parker Van Noord. The energic, enigmatic visuals explore the many aspects of self, boldly embracing and
Moody’s Analytics Tops Five Categories in CeFPro™ Fintech Leaders Report29.1.2020 12:30:00 CET | Press release
Moody’s Analytics, a global provider of financial intelligence, has earned the #1 ranking in five categories in the new Center for Financial Professionals (CeFPro) Fintech Leaders 2020 report: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200129005359/en/ Balance Sheet Management Credit Risk Model Risk Regulatory Reporting Stress Testing We are the only firm to rank #1 in five of the report’s thirty individual categories. The report also features a “Top 50 Overall Ecosystem Rankings,” in which we rank #5. “We’re honored to be recognized in CeFPro’s Fintech Leaders report,” said Andy Frepp, Executive Director at Moody’s Analytics. “We build modular and scalable technology solutions that harness our industry-leading data and analytics, all with the goal of helping customers make better, faster decisions. This strong showing validates our efforts and highlights our extensive capabilities.” “FinTech Leaders places Moody’s Analy
Janssen Announces European Commission Approval for Expanded Use of Erleada®▼ (apalutamide) for Treatment of Patients with Metastatic Hormone-Sensitive Prostate Cancer29.1.2020 10:21:00 CET | Press release
The Janssen Pharmaceutical Companies of Johnson & Johnson today announced that the European Commission (EC) has granted marketing authorisation for the expanded use of Erleada®▼ (apalutamide) to include the treatment of adult men with metastatic hormone-sensitive prostate cancer (mHSPC) in combination with androgen deprivation therapy (ADT). “Prostate cancer is the most prevalent form of cancer in men throughout Europe, and the expanded approval of apalutamide marks a significant advancement for those living with mHSPC,” said Prof. Dr. med. Axel S. Merseburger, Chairman of the Department of Urology, Campus Lübeck, University Hospital Schleswig-Holstein, Kiel, Germany. “In prostate cancer treatment, our primary goal is always to delay progression of disease and prolong survival, to ensure the best possible outcomes for patients. Today’s news is therefore an encouraging development for patients within Europe, for whom the importance of an additional treatment option that can both delay p
Dole Receives Social Responsibility Award from Costa Rican-North American Chamber of Commerce29.1.2020 09:58:00 CET | Press release
Dole Food Company announced that on November 22, The Standard Fruit Company of Costa Rica S.A., a subsidiary of Dole Food Company, received the “Social Responsibility in Action” award from The Costa Rican-North American Chamber of Commerce (AmCham) in connection to the company’s Green Star Initiative. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200129005318/en/ (LtoR): Roberto Cordero – Climate Change & Sustainability Services Partner (Ernst & Young). Jonatan Steinig – Technical Advisor for Business & Biodiversity in Central America & Dominican Republic Program GIZ. Melina Mardones - Technical Advisor for the Business & Biodiversity in Central America & Dominican Republic Program GIZ. José Alberto Samudio – Senior Environmental Technician. Edwin Retana - Senior Environmental Technician. Natalia Díaz – Public Affairs / Dole Tropical Products Latin America. Elías Solías – President of AmCham Costa Rica. José Pablo Masís – H
Temenos and Google Cloud Announce Global Strategic Partnership to Accelerate Banks’ Digital Transformation in the Cloud29.1.2020 09:05:00 CET | Press release
Temenos (SIX: TEMN), the banking software company, and Google Cloud today announced a global, strategic partnership to help financial services organizations run mission-critical banking software and applications on Google Cloud, create profitable business models, and improve and differentiate their customer experiences. The two companies began collaborating in 2019 to integrate Temenos cloud-native, cloud-agnostic software into Google Cloud and have demonstrated success with joint banking customers in Europe and Asia. Under this expanded partnership, Temenos’ full suite of banking software and applications will now be available on Google Cloud, and the two companies will help banks go to market faster, open up new business models, and achieve tangible business benefits. More than 3,000 financial services institutions around the world leverage Temenos’ modern, cloud-native and API-first technology. As a part of this strategic partnership, banks can run Temenos’ applications in Google Cl