NORTHBROOK, Ill., Oct. 26, 2022 /PRNewswire/ — UL Solutions, a world chief in utilized security science, at present introduced its acquisition of Kugler Maag Cie, a German-based supplier of course of excellence, evaluation and coaching options that helps the automotive trade.
“The automotive industry continues to evolve rapidly, with changing consumer expectations and new technologies serving as catalysts for change. Standards-compliant and safety-focused product development processes and execution excellence are critical to our automotive customers’ success in this demanding environment,” stated Jennifer Scanlon, president and CEO, UL Solutions Inc. “With our acquisition of Kugler Maag Cie, we have enhanced our automotive industry expertise and expanded our value proposition to better support our customers globally, helping them to successfully evolve and adapt.”
As security, safety, and high quality are extremely interrelated considerations, authentic gear producers (OEMs) and automotive element and system suppliers are more and more in search of a sole supplier with holistic options that help a number of requirements, laws and different technical necessities.
“Current automotive services offered by UL Solutions help customers navigate complexity and develop a framework for automotive standards and best practices,” stated Weifang Zhou, govt vp and president of Testing, Inspection and Certification at UL Solutions. “Welcoming Kugler Maag Cie expands our current portfolio while allowing our customers to accelerate the delivery of automotive processes and safety-critical system services.”
Co-founded in 2004 by automotive trade veterans Bonifaz Maag and Hans-Jürgen Kugler and headquartered close to Stuttgart, Germany, Kugler Maag Cie focuses on course of excellence, evaluation and coaching options in Automotive SPICE (Software Process Improvement and Capability dEtermination), useful security and cybersecurity.
“We founded Kugler Maag Cie on the tenet that development processes and safety-critical assessments are paramount for the safety and reliability of interconnected vehicle systems,” stated Bonifaz Maag, CEO of Kugler Maag Cie. “To that end, we help our customers address some of the automotive industry’s most significant challenges, such as process maturity, functional safety, conformability and cybersecurity. We share UL Solutions’ mission-centric safety culture and are delighted to integrate our expertise into the UL Solutions portfolio to help keep mobility safe.”
The transaction closed on October 25, 2022.
About UL Solutions
A world chief in utilized security science, UL Solutions transforms security, safety and sustainability challenges into alternatives for patrons in additional than 100 international locations. UL Solutions delivers testing, inspection and certification companies, along with software program merchandise and advisory choices, that help our clients’ product innovation and business development. The UL Certification Marks function a acknowledged image of belief in our clients’ merchandise and replicate an unwavering dedication to advancing our security mission. We assist our clients innovate, launch new services, navigate international markets and complicated provide chains and develop sustainably and responsibly into the long run. Our science is your benefit.
UL Solutions presents a broad portfolio of companies to corporations. UL Solutions maintains separate authorized entities for conformity evaluation and consultancy companies and has processes in place to establish and mitigate potential conflicts of curiosity and keep impartiality.
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