LATIN AMERICA
THE MANUFACTURING OPERATION CREATED BY STABILUS IN MEXICO IS ONLY SECOND BEST TO ITS GERMAN HEADQUARTERS , SERVING NUMEROUS INDUSTRIES WORLDWIDE
After opening during 1934 at Koblenz , Germany , as a family operated business , Stabilus ’ product portfolio is constantly growing at the same pace as its quality , increasing the number of products and activities supported by the company ’ s premiere line of gas struts , springs and hydraulic vibration dampers , among other products .
Stabilus ’ leadership takes the company ’ s products to 90 % of the global auto market , and also into furniture and vehicles used in specialised sectors . Stabilus delivers a yearly count of 220mn gas struts to 22,000 clients globally , making the company the world ’ s largest supplier for these goods . On May 2015 , the company launched its IPO in the Frankfurt Stock Exchange at € 42 per share ( slightly over US $ 49 ), and on 22 September of this year , each share reached a price of € 77 ( US $ 90 ).
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