CHICAGO & DETROIT, October 1 /CNW/ - Metzeler Automotive Profile Systems
- North America ("Metzeler"), recently acquired by Wynnchurch Capital,
announced it has named Rob DePierre as its new CEO. Headquartered in Madison
Heights, a suburb of Detroit, with operating facilities located throughout the
United States, Canada and Mexico, Metzeler is a leading designer and
manufacturer of a complete line of highly-engineered vehicle sealing systems
for doors, windows, trunks, lift gates, sunroofs and hoods.
Prior to joining Metzeler, Mr. DePierre spent twenty years with Benteler
Automotive, most recently running Benteler's North American operations. In
2006, Mr. DePierre joined Wynnchurch Capital as an operating partner and
served as CEO of Android Industries, another Wynnchurch Capital portfolio
company. Mr. DePierre's extensive experience leading large automotive supplier
organizations was a natural fit for Metzeler. When asked about his new
position at Metzeler, Mr. DePierre commented, "I am truly excited about the
opportunity to work with such a well managed company. My plan is to continue
working with the management team to deliver the highest quality engineered
products while providing industry leading customer service."
Mr. DePierre's operational and process oriented background fits in well
at Metzeler, a company that has focused on lean manufacturing and continuous
improvement to thrive in the increasingly demanding automotive industry.
Metzeler designs, manufactures and sells elastomeric vehicle sealing systems
which seal interior compartments of the vehicle from water, dust, and air
leakage while reducing noise, vibration and harshness. The Company is the
third largest provider of vehicle sealing systems for automotive OEM and Tier
1 suppliers in North America. Over its long history, Metzeler has earned a
reputation for innovation and technological leadership.
"The management team has developed first class systems and processes that
take advantage of superior design capabilities, stringent quality control and
vertically integrated manufacturing," added Terry Theodore, Partner at
Wynnchurch Capital. "With the addition of Rob's leadership, we believe that
Metzeler is well positioned to grow by partnering with its customers and
addressing their requirements for manufacturing excellence."
Ian Kirson, Managing Director at Wynnchurch Capital, stated, "Metzeler's
commitment to continuous process improvement, customer service and cost
reduction has allowed the company to stand out as a leader in the highly
competitive automotive vehicle sealing systems space."
Headquartered in Madison Heights, a suburb of Detroit, with operating
facilities located throughout the United States, Canada and Mexico, Metzeler
is a leading designer and manufacturer of a complete line of highly-engineered
vehicle sealing systems for doors, windows, trunks, lift gates, sunroofs and
About Wynnchurch Capital:
Located in the Chicago suburb of Rosemont, Illinois and founded in 1999,
Wynnchurch Capital is a leading middle-market private equity investment firm.
Wynnchurch's strategy is to partner with middle market companies in the United
States and Canada which have outstanding management teams and possess the
potential for substantial growth and profit improvement. Wynnchurch Capital
manages a number of private equity funds with capital under management in
excess of $500 million specializing in management buyouts, recapitalizations,
corporate carve-outs, restructurings and growth capital investments. More
information on Wynnchurch Capital can be found at www.wynnchurch.com.
For further information:
For further information: Wynnchurch Capital Terry Theodore, 248-593-3801
or Ian Kirson, 847-604-6101 or Jennifer Christensen, 847-604-6126