In 2021 Plati Group started an integration process with other two companies dealing in automotive sector: SFC Solutions Group (a leading supplier of high-performance fluid transmission systems and sealing) and Elastomer Solutions Group (a manufacturer of rubber and thermoplastic components). The project was aiming to capitalize on efficiencies both from sales and operational point of view and later, thanks to the merger of the three companies, it gave birth to ESF Industrial Solutions Group.
With headquarters in Poland and Portugal and production sites spread across Europe (Italy, Spain, Germany, France, Poland, Ukraine, Portugal and Slovakia), Africa (Morocco), Central America (Mexico) and India, the ESF Group serves a broad customer base, including major global and local OEMs and several Tier 1 suppliers in the automotive industry, manufacturers of industrial goods as well as customers in the healthcare and telecommunications industries.
The Group ESF will focus on three areas of development:
Sustainable growth by developing its business along all key markets, taking advantage of the sales channels available to the individual companies, exploiting the market trends and development in the industry (i.e. Battery Electric Vehicles BEV and Hybrid Electric Vehicles HEV) and working closely together with OEMs to develop new technologies and products.
Delivering efficiencies by implementing a strong improvement in work organization, optimizing manufacturing footprint, increasing productivity, reducing scrap, optimizing external spend and simplifying logistics processes.
Implementing cross company synergies such as: review of manufacturing footprint by exploiting spare capacity and common technology and knowledge, harnessing of cross sales opportunities, establishment of a common shared services team, deployment of a future common IT platform, insourcing of external supply of raw materials.