Senior plc secures €200m in new vehicle technology contracts

LONDON - Senior plc, a FTSE 250 international engineering and manufacturing group, has secured two significant contracts valued at approximately €200 million for the supply of high-technology components to major land vehicle manufacturers. The contracts, announced today, are set to span over an 8-year period, bolstering the company’s position in the automotive industry.

The first contract involves the production of fluid conveyance assemblies for a variety of internal combustion engine (ICE) and hybrid engine types for light vehicles. The deal was struck with a global supplier of powertrain solutions, with manufacturing to take place at Senior Flexonics facilities in Olomouc, Czech Republic, and Wuhan, China. Production is expected to commence this year and continue until 2029.

The second agreement is with a leading global manufacturer of heavy-duty trucks, for which Senior will supply fluid conveyance assemblies for exhaust gas recirculation coolers. These components are designated for a new engine type that meets Euro 7 emissions standards. Production is scheduled to start in the fourth quarter of 2026, with operations in the Czech Republic, South Africa, and Mexico.

These contracts follow a positive trend for Senior, as indicated by the company’s recent Q1 2025 trading update, which reported a healthy book-to-bill ratio of 1.34. This reflects a strong order intake and supports the group’s optimistic outlook for continued growth.

Mike Sheppard, CEO of Senior Flexonics, commented on the contracts, highlighting Senior’s collaborative approach with customers and its expertise in emissions reduction technologies for various powertrains, including ICE, hybrid, and electric vehicle engines. David Squires, CEO of Senior plc, echoed this sentiment, pointing to the strength of the company’s order book and its leading positions in fluid conveyance and thermal management applications.

Senior plc operates in 12 countries and is known for designing and manufacturing high-technology components and systems for key industries, including aerospace, defense, land vehicle, and power & energy markets. These new contracts are expected to contribute to the company’s sustained growth and support its commitment to engineering sustainable solutions.

The information in this article is based on a press release statement from Senior plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.