About Aventics Company

Aventics is a leading manufacturer globally of pneumatic components for industrial, automotive and marine applications. Its core products include cylinders, drives and valve systems. Aventics’ products are typically manufactured for industrial machinery for wood, textiles, food, packaging and the printing industry. The Company’s four core business units consist of industrial pneumatics, trucks, marine and tooth chain, used for conveyor belts. The largest segment is the food and packaging industry within the industrial pneumatics business.

Aventics is headquartered in Laatzen, Germany, and has 1,846 employees. The Company operates sales offices in 19 countries and uses distributors in additional regions. Europe accounts for around 79% of total sales, the US 13% and the rest of the world 8%. In total, Aventics serves over 25,000 customers globally, including Bosch, Volkswagen, Volvo, Caterpillar and Siemens. The Company benefits from high customer retention given the high level of replacement business, the barrier to switch for customers and the mature technology of pneumatics. The Company had revenue of €343 million in 2016.