The 25th anniversary of the Rudnik site (Czech Republic)

In October 1993, 25 years ago, Avon Rubber plc. (which would go on to become Avon Automotive then AKWEL) acquired a 65% holding in the company Rubena Náchod, specialising in rubber and based in Rudnik, a small town with just over 2,000 inhabitants in the north of the Czech Republic. At the time it joined … Read more

First-half 2018 earnings

Sales of €559.3 million Operating margin of 10.3% In the first half, the Akwel Group achieved sales of €559.3 million, up 4.6% unadjusted and 10.7% on a like-for-like basis. Read the press release

Inauguration of our third plant in China, in Wuhan

  The AKWEL Group inaugurated on September 19th its third factory in China, in Wuhan, in the presence of local authorities (committee of the sustainable French-Chinese model city of Wuhan, members of the government of Caidin District), of its customers DPCA (Dongfeng Peugeot-Citroën Automobile), Renault-Donfeng, Ford Changan and companies that intervened on the site. The … Read more

Bursa (Turkey) and Monteux (France) plants rewarded by the PSA “Best plant” award

Each year, PSA rewards among its suppliers those who distinguished themselves by their outstanding results and their ability to support the Group in its strategic plans “Push to Pass” and “PACE”. The Quality level, the supply chain, the industrialization and the project launching are the main criteria to receive this price.   During the ceremony … Read more

First half 2018 sales up 4.6%, to €559.3 million

Growth momentum continued for AKWEL in Q2 2018, with sales of €279.0 million, up 5.7% unadjusted. In the first half AKWEL had income of €559.3 million, up 4.6% unadjusted and 10.7% on a like-for-like basis. Read the full press release

New trading name from 05 june 2018

At their Ordinary and Extraordinary Meeting of 30 May 2018, the shareholders of MGI Coutier decided to change the name of the company to AKWEL. As a result, from 5 June 2018, the new name and ticker designation of the shares will be as follows: New name: AKWEL ISIN code: FR0000053027 Euronext code: FR0000053027 New … Read more

MGI Coutier becomes AKWEL

A tier-one automotive equipment manufacturer, the Group is now continuing its transformation and international expansion with a rebrand. This unifying identity marks a new drive forward for the group, in line with the dynamic profile of Akwel. Already the preferred supplier of car and HGV manufacturers, Akwel is now in a real position to challenge … Read more

New location in Detroit, MI (USA)

After more than 20 years in the same office spaces, our teams in Detroit (Michigan, USA) moved to new offices located less than 2 miles away. This new location, more spacious, already houses  70 employees (sales, development, human resources …) and has the ability to accommodate future growth. This new environment allows for a more … Read more

MGI Coutier / Avon automotive received an award for Engine Systems Supplier of the year by Fiat Chrysler Automotive (FCA) US

Sixteen North American supplier partners received a FCA US LLC Supplier of the Year award at MotorCity Casino Hotel in Detroit on Tuesday, April 24, 2018. The Supplier of the Year Awards recognize automotive suppliers that have shown an extraordinary commitment to the Company. “These sixteen suppliers represent the best qualities of the North American … Read more

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