The move to a single brand name is an important step in the integration of the two companies and positions MARELLI to compete more effectively on a global scale, the two organizations say.
MARELLI operates 170 facilities and R&D centers across Europe, North America, South America and Asia Pacific. By coming together under one name, the company will even better leverage its unique skills to boost competitiveness through an ongoing focus on innovation, upon which Magneti Marelli has built its reputation – and “Monozukuri” – the excellence in product, process and quality which Calsonic Kansei is known for.
Beda Bolzenius, CEO of MARELLI, said, “This is a pivotal time in the evolution of our company. The new brand is built on the idea of ‘Powering Progress Together’ that reflects our focus on helping our customers confidently navigate and succeed in an unprecedentedly changing industry. Our goal is to build on the exceptionally strong heritage that each company has so successfully become known for, to create a world-leading automotive supplier, which our people and our customers can be proud of. Creating one brand that is known across the world is an important step in pooling our combined resources and amplifying our global impact.
Bolzenius said the two companies settled on the name MARELLI after a great deal of analysis. “Though Calsonic Kansei has a strong presence in Asia and Japan, when we looked at total brand value and awareness among customers around the world, the ‘Magneti Marelli’ brand is more widespread. It is important to hold onto the existing brand equity that comes from Magneti Marelli, but do it in a way that is fresh, recognizable to global customers, represents the same high quality and innovation for which we are known, as well as creating a sense of unity through a single brand name with a new image,” said Bolzenius.
The new brand name and logo will appear on official materials soon.