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Petri AG

From Alfawiki
Petri AG
Company typePrivate
IndustryAutomotive components
Founded1899; 127 years ago (1899) in Aschaffenburg, Germany
FounderRichard Petri
Defunct2000 (2000)
FateAcquired by Takata Corporation
Headquarters
Aschaffenburg
,
Germany
ProductsSteering wheels, interior automotive trims, airbags

Petri AG was a German manufacturer of automotive components that was acquired by the Japanese corporation Takata Corporation in 2000, resulting in the formation of the European branch Takata-Petri. After Takata filed for bankruptcy in 2017 and was subsequently purchased by Key Safety Systems, Petri's business activities were integrated into Joyson Safety Systems Aschaffenburg GmbH in 2018.

History

Established in Aschaffenburg in 1899 by Richard Petri, the company focused on manufacturing steering wheels and interior automotive trims. The initial facility (Plant 01) continues to serve as the European headquarters for Takata-Petri. Growth included the addition of Plant 02 in Nilkheim and Plant 03 in Albertshausen, which specialized in plastic parts and interior trim production. In collaboration with Mercedes-Benz, Petri introduced its first airbag system in 1981.

Following its acquisition by Takata Corporation in 2000, Petri AG was rebranded as Takata-Petri and later renamed Takata AG in 2012. Takata AG established itself as a leading global supplier of steering wheels and plastic automotive components. After Takata's insolvency in 2017, Key Safety Systems acquired key assets and rebranded the entity as Joyson Safety Systems in 2018.

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