Kongsberg Automotive
Encyclopedia
Kongsberg Automotive Holding ASA is an automotive parts manufacturer based in Kongsberg
, Norway
. The company produces a broad range of parts with production plants throughout the world. The company is listed on the Oslo Stock Exchange
in 1957 with an agreement with Volvo
to produce brakes for the company's trucks. In the 1970s the division expanded with factories in Hvittingfoss
and Rollag
. On 24 March 1987, the division was demerged as a separate company.
On 1 January 2008, Kongsberg bought out the automotive division of Teleflex Automotive.
Kongsberg
is a town and municipality in Buskerud county, Norway. It is located at the southern end of the traditional region of Numedal. The administrative centre of the municipality is the town of Kongsberg....
, Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
. The company produces a broad range of parts with production plants throughout the world. The company is listed on the Oslo Stock Exchange
Oslo Stock Exchange
The Oslo Stock Exchange serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 5:30pm local time...
History
The company started as a division of Kongsberg VåpenfabrikkKongsberg Gruppen
Kongsberg Gruppen is Norway's major defence contractor and maritime automation supplier, located in Kongsberg, a former mining town....
in 1957 with an agreement with Volvo
Volvo
AB Volvo is a Swedish builder of commercial vehicles, including trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, aerospace components and financial services...
to produce brakes for the company's trucks. In the 1970s the division expanded with factories in Hvittingfoss
Hvittingfoss
Hvittingfoss is a village in the municipality of Kongsberg, in the county of Buskerud, Norway. Hvittingfoss has traditionally been associated with the manufacture of pulp, paper and paper products....
and Rollag
Rollag
Rollag is a municipality in Buskerud county, Norway. It is part of the traditional region of Numedal. The municipality of Rollag was established on 1 January 1838 . Nore og Uvdal was separated from Rollag in 1858....
. On 24 March 1987, the division was demerged as a separate company.
On 1 January 2008, Kongsberg bought out the automotive division of Teleflex Automotive.