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September 29, 2009

US Delphi’s European airbag activities acquired by Austrian firm iSi Automotive GmbH, making it a complete global airbag supplier  

After recently acquiring the largest part of automotive supplier Delphi's European airbag activities, the Austrian company iSi Automotive GmbH is now the supplier of the full range of side, cranium and knee impact airbags. The deal, for which terms remain confidential, significantly enhances the company's innovative strengths. Based in Vienna with 140 employees, iSi is taking over Delphi’s direct distribution to automotive firms. Also included in the agreement is an extremely modern facility in Berlin.  The design, test and engineering center complements iSi Automotive's R&D and can be used for crash tests and developing individually tailored solutions for car manufacturers around the globe.

"This step is an ideal way to upgrade our range of services and now, also as a direct partner for car manufacturers, we can fall back on our long years of experience and our technological know-how," says iSi Automotive CEO Dietmar Schafer. iSi Automotive GmbH, a global leader in the supply of innovative and contaminant-free compressed gas technology for airbags, will also construct production and assembly facilities for complete airbag modules at their Vienna headquarters. The company is a part of the global iSi Group and a subsidiary of the Vienna-based Pochtler Industrieholding AG.