Magal Engineering

Magal Engineering operates as a key supplier of components and systems to the automotive and industrial sectors. The UK-based entity, established following a management buyout in 2002, functions as a tier 1 automotive manufacturing company. It specializes in thermal control systems, mechanical cables, and tyre replacement mechanisms, serving major automotive original equipment manufacturers (OEMs). In May 2017, the Reading-headquartered Magal Engineering Group was acquired by Arlington Industries Group, a company backed by the US private equity firm Cartesian Capital Group. This acquisition was part of Arlington's strategy to grow through acquiring companies in the automotive and aerospace supply chains. The CEO at the time of the sale was Gamil Magal. Subsequently, in 2020, Remsons Industries acquired parts of the Arlington Group, including Magal Cables Ltd.

There are distinct but related entities in India. Magal Engineering Co India Pvt Ltd, founded in 1992, is a supplier of machine tools and engineering solutions for the sheet metal forming industry. This Bangalore-based company, led by Managing Director M. K. Narasinga Rao and Product Manager Skanda Magal, acts as the exclusive agency in India for global brands like INGYU, Henkel Sonderhoff, HK Laser, and Costa Levigatrici. Its business model focuses on integrating global technology with local service, including installations, application support, and maintenance. It serves top OEMs and suppliers across various sectors, with a particular focus on precision tooling and press line solutions for the automotive and EV industries. For the fiscal year ending March 31, 2022, this entity reported revenues of ₹3.26Cr.

Another entity, Magal Engg. Tech Private Limited, was incorporated in Tamil Nadu, India, on May 3, 2006. This company designs, develops, and manufactures products such as engine connecting rods, scissor jacks, and other precision machined and mechanical assemblies for automotive, aerospace, and defense clients. It operates from a manufacturing facility in Oragadam, near Chennai, serving a client list that includes Tata, Mahindra & Mahindra, Cummins, and John Deere. For the fiscal year ending March 31, 2022, Magal Engg. Tech reported revenue of ₹80.6Cr. The directors of this company include Moshe Magal, Venkatesh Uppuswamy, and Vasanthi.

The product portfolio across these entities is extensive. The UK operations have historically focused on automotive components like thermal control systems and mechanical assemblies. The Indian operations supply a wide array of products and machinery. Magal Engineering Co India provides high-speed lamination stamping presses, laser cutting systems, surface finishing machines, and sealing solutions. Magal Engg. Tech manufactures fractured split connecting rods, parking brakes, jacks, and other precision parts. The business model across the board is B2B, generating revenue through the sale and distribution of these engineered products and systems directly to OEMs and other tier-1 suppliers in the manufacturing and automotive sectors.

Keywords: automotive components, tier 1 supplier, thermal management systems, mechanical cables, sheet metal forming, press line solutions, laser cutting systems, industrial automation, connecting rods, precision machining, automotive engineering, aerospace components, EV manufacturing solutions, industrial machinery supplier, OEM supplier, automotive supply chain, engineering solutions, surface finishing, sealing technology, tyre replacement mechanisms