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Tower International now AUTOKINITON! Autokiniton pursues strategic investments in respected Tier 1 automotive suppliers. Through innovative solutions and services, our subsidiaries advance the trends that define the automotive industry of today and tomorrow. In May 2018, Autokiniton was formed by KPS Capital Partners and George Thanopoulos (Autokiniton Chairman & CEO) to acquire L&W Group. L&W Group is a leading Tier 1 supplier in the automotive industry specializing in metal stampings, welded assemblies, and tubular products. In September of 2019, Autokiniton acquired Tower International, a leading Tier 1 manufacturer of structural metal automotive components and supplier of metal stampings, welded assemblies, frame structures, and chassis structures. This merger of L&W Group and Tower International has created the No. 2 Body-In-White and vehicle-frame supplier in North America, providing value-driven, sustainable automotive components and assembly solutions for our customers in the mobility industry. Our dedication to teamwork, speed, simplification, performance, and empowering our associates has made us a trusted partner to the worlds top automotive OEMs. Autokinitons legacy of operational excellence, high-quality execution, and customer service ensures that every project – no matter how challenging -- is in the best possible hands.
CIDAN Machinery Group is a leading manufacturer of sheet metal processing machinery, with a history that dates back to 1907. Originating from Göteneds Mekaniska Verkstad in Sweden, the company has expanded globally through mergers and acquisitions, including the acquisition of CIDAN A/S in Denmark. Today, CIDAN operates in multiple countries, including Sweden, Austria, Switzerland, China, Denmark, and the United States, serving customers in over 52 countries through a network of 61 dealers. The company offers a wide range of machinery for sheet metal working, including power folders, mechanical shears, cut-to-length lines, and CNC-controlled brakes. Their products are known for quality and precision, marketed under brand names such as CIDAN, Göteneds, Thalmann, and Forstner. CIDAN emphasizes innovation and user-friendly design, providing solutions that support Industry 4.0 and automation trends. Their dedicated sales and support teams assist customers with shop layout and process optimization, ensuring comprehensive service. CIDAN Machinery Group serves a diverse customer base, including sheet metal shops and manufacturing companies, contributing to various industries worldwide.
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