Bergstrom Inc., a global provider of climate systems to the commercial vehicle industry, announced the launch of a joint venture with Samvardhana Motherson Finance, the holding company of Samvardhana Motherson Group, one of India’s largest automotive groups. The joint venture will integrate the best of Bergstrom’s product development, manufacturing capability and industry expertise with Motherson’s customer service, supplier base development and knowledge of operating in the Indian markets.
As the requirements for specialty HVAC application systems grows within the Indian and SAARC markets, this entity will provide customers with innovative HVAC solutions, utilizing decades of experience in specialty HVAC applications. The goal is to directly support existing Bergstrom customers in the SAARC territory, in addition to developing a customer base unique to the Indian market.
“Both Bergstrom and Motherson have established track records in developing strong customer relationships by offering high-quality products and excellent customer service,” says Jack Shaffer, president and chief operating officer of Bergstrom Inc. “We’re very excited about the opportunities of this venture and are looking forward to strengthening our relationships in the Indian and SAARC markets.”
Motherson, one of India’s largest automotive groups, has a diversified product range that includes electrical distribution systems (wiring harnesses), automotive rearview mirrors, polymer processing, injection molding tools, elastomeric processing, modules and systems, machined metal products, cutting tools, IT services, design engineering, CAE services, sunroofs, vehicle air conditioning systems, lighting systems, cabins for off-highway vehicles, cutting tools and thin film coating metals.
The joint venture will operate primarily with local expertise, but Bergstrom’s design centers in the United States and Europe will assist as needed. It will market products across its core commercial vehicle markets, including trucking, construction and agricultural equipment.