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BREMER LAGERHAUS-GESELLSCHAFT -AKTIENGESELLSCHAFT VON 1877-

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Bremer Lagerhaus-Gesellschaft AG : Car sets from Drńxlmaier supplied to Mercedes plant

12/13/2013 | 11:45am EST

12/13/2013 16:10 Age: 1 hour

At BLG LOGISTICS the go-ahead was given for a completely new series production operation. As of now, the Automotive Division will supply the Mercedes-Benz plant in Bremen with Dräxlmaier cable harnesses for the new C-Class.

Mercedes put up a building with a storage capacity of 3,500 positions for the new model series at the industrial park in Hemelingen and made it available to BLG. The BLG project team set up an automatic small parts warehouse and launched operation there within five months. For Aberle, the company providing the automatic small parts warehouse, this represents a new yardstick in terms of speed and is thus a reference project.

The term "small parts warehouse" should not be taken literally with respect to the dimensions of the new contract: the car sets stored here weigh up to 65 kilograms and consist of three cable harness sets - the frame floor unit, the engine compartment unit and the cockpit cable harness set. Every car set is different and is tailored to the specific customer order.

BLG Automotive carries out the main processes, i.e. receiving, repacking, storage, sequencing and outgoing items, on the 5,000 square meters of floor space in Bremen-Hemelingen. The car sets are delivered to Mercedes in a just-in-sequence process. As soon as a set is called, BLG has 153 minutes to supply it to the production line. A call may come about once a minute.

The contract with the Dräxlmaier Group was signed on a long-term basis. The maximum capacity per day is targeted in two years.

Headquartered in Vilsbiburg in Bavaria, the Dräxlmaier Group is a family enterprise with global operations. Since its establishment in 1958 the company has been developing and producing modern on-board power supply systems, exclusive interiors and central electrical and electronic components clearly geared to the premium automobile segment. With around 48,000 employees worldwide the Dräxlmaier Group numbers among the biggest family enterprises in Germany. Internationally it ranks among the top 100 automotive suppliers.

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Sales 2020 1 065 M 1 206 M 1 206 M
Net income 2020 1,12 M 1,26 M 1,26 M
Net Debt 2020 854 M 967 M 967 M
P/E ratio 2020 41,3x
Yield 2020 0,92%
Capitalization 42,2 M 47,8 M 47,8 M
EV / Sales 2019 0,70x
EV / Sales 2020 0,84x
Nbr of Employees 11 609
Free-Float 100%
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Managers and Directors
Frank Dreeke Chairman-Management Board
Jens Bieniek Chief Financial Officer
Karl-Heinz Dammann Member-Supervisory Board
Karoline Linnert Member-Supervisory Board
Patrick Wendisch Member-Supervisory Board