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Gates

Gates is a global manufacturer of belts, hydraulic hoses, couplings and transfer hoses used in 4 key end market segments, including Industrial Original Equipment and Replacement; and Automotive Original Equipment and Aftermarket.  Products include highly engineered rubber and polyurethane accessory drives and synchronous belts, idler pulleys and tensioners.  Its hydraulic hoses and couplings are used in technically demanding operations and must be able to withstand extreme operating conditions.  Gates has operations in over 20 countries, with research, development and engineering capabilities worldwide.

Financial Summary *

Sales ($m) 2,956.0
Adjusted EBITDA ($m) 548.4
Adjusted EBITDA Margin % 18.6%
% Group sales 58.6%

Sales by End Market *

Sales by end market:- Automotive OE - 21.0%; Automotive Aftermarket - 32.0%; Industrial OE - 19.0%; Industrial Replacement - 28.0%

Sales by Geography *

Sales by geography:- North America - 44.0%; Europe, Middle East & Africa - 27.0%; Asia Pacific - 24.0%;  Rest of World - 5%

* Figures shown are last publicly available figures prepared for the year ended 31 December 2011.

Key Businesses and Brands

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Key Products

  • Predator Illustration
  • Auto Timing Belt
  • Tensioners Couple
  • Simple PT Belt
  • Coupling 3
  • People at work