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W.E.T. Automotive Systems AG
Rudolf-Diesel-Strasse 12
Phone: +49 81349330p:+49 81349330 Odelzhausen, D-85235  Germany Ticker: WETWET
This company was Merged or Acquired on 5/16/2011.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company
Business Summary
WET Automotive Systems AG is a Germany-based holding company engaged in the automotive industry. It is primarily engaged in the development, manufacture and distribution of components for seating comfort systems as well as cable systems for vehicles. The Company is divided into the segments Seat Comfort and Car Cable Technology. It develops and produces seat and steering wheel heating elements using its Carbotex technology, which distributes heat evenly across the seat. The Company's product portfolio is divided into SeatClimate technology, AutomotiveSeatHeating, SteeringWheelHeating, TEMPeratureController, AutomotiveCableTechnology and Special Products. Furthermore, the Company is engaged in research and development activities. Through its associated subsidiary, Comair Rotron Inc, the Company is engaged in the manufacturing of fans for different industrial and commercial applications. In February 2013, Gentherm Inc announced the acquisition of the Company.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/201312/31/2012Yes----

Industries
SIC Code Description
3694 Electrical equipment for internal combustion engines
3678 Electronic connectors
3714 Motor vehicle parts and accessories
3585 Air-conditioning and warm air heating equipment
3357 Drawing and insulating of nonferrous wire
3679 Electronic components, not elsewhere classified
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Deputy Chairman of the Supervisory Board WalterHasselkus 1/1/2006 6/1/2004
Chief Financial Officer, Member of the Management Board ThomasLiedl 10/1/2008 10/1/2008
Chief Operating Officer, Member of the Management Board FrithjofOldorff 1/21/2008 1/21/2008
Member of the Supervisory Board Peter P.Moll 7/1/2005 6/30/2005

General Information
Number of Employees: 6,742 (As of 6/30/2013)
Outstanding Shares: 3,300,000 (As of 6/30/2013)
Shareholders: 2,016
Stock Exchange: FRA
Fax Number: +49 8134933555
Email Address: info@wet-group.com


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Saturday, July 22, 2023