Daimler AG

Daimler AG

Daimler AG

Overview
Date Founded

1926

Headquarters

Mercedesstr. 137 Stuttgart, 70327, Germany

Type of Company

Public

Employees (Worldwide)

288K

Industries

Automobiles
Auto Parts & Tires
Aerospace & Defense
Trucks, Construction & Farm Machinery
Industrial Machinery & Manufacturing
Accounting & Financial Services

Company Description

Daimler AG is one of the world’s most successful automotive companies. With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the Daimler Group is one of the biggest producers of premium cars and the world’s biggest manufacturer of commercial vehicles with a global reach. Daimler Financial Services provides financing, leasing, fleet management, insurance and innovative mobility services. The company’s founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886. As a pioneer of automotive engineering, Daimler continues to shape the future of mobility today: The Group’s focus is on innovative and green technologies as well as on safe and superior automobiles that appeal to and fascinate its customers. For many years now, Daimler has been investing continually in the development of alternative drive systems with the goal of making emission-free driving possible in the long term. So in addition to vehicles with hybrid drive, Daimler now has the broadest range of locally emission-free electric vehicles powered by batteries and fuel cells. This is just one example of how Daimler willingly accepts the challenge of meeting its responsibility towards society and the environment.

Website
Contact Data
Trying to get in touch with decision makers at Daimler AG? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chief Executive Officer

Chief Financial Officer

Chief Compliance Officer

Head-Marketing & Sales

Head, Legal Department

Member, Board of Management-Human Resources & Director of Labor Relations, IT & Mercedes-Benz Vans

Group Research & Mercedes-Benz Cars Development

Executive Director of Finance, Business Unit

Chief Operating Officer

Chief Executive Officer, Mercedes-Benz Russia

Supervisory Board

Chief Financial Officer at Daimler AG

Head, Integrity & Legal Affairs at Daimler AG

Head-Marketing & Sales at Daimler AG

Executive Vice President for Truck Europe & Latin Amerika & Head of Mercedes-Benz Truck at Mercedes-Benz España SA

Member, Board of Management-Human Resources & Director of Labor Relations, IT & Mercedes-Benz Vans at Daimler AG

Vice President at Deutsche Akademie der Technikwissenschaften eV

Professional at Daimler Truck AG

Chairman, President & Chief Executive Officer at Siemens Management Consulting

Co-Chairman-Roundtable at National Association for Female Executives

Chairman & Director General at Arab Fund for Economic & Social Development

Paths to Daimler AG
Potential Connections via
Relationship Science
You
Daimler AG
Owners & Shareholders
Details Hidden

KIA-IM is a conservative manager which aims to achieve a long term investment return on the financial reserves entrusted by the State of Kuwait to the Kuwait Investment Authority, providing an alternative to oil reserves, which would enable Kuwait's future generations to face the uncertainties ahead with greater confidence. The firm does not invest in sectors where gaming and alcohol-related activities constitute the main source of business and does not use any derivative products as investment vehicles. They also do not borrow for investment purposes as this is prohibited by the Kuwait's Constitution. KIA-IM invests funds through external fund managers out of Kuwait. They manage Kuwait’s GRF and FGF. The GRF consists of investments in Kuwait and other MENA countries as well as hard currency assets held by KIA-IM on behalf of the State of Kuwait. The GRF also holds other government assets, including Kuwait's participation in public enterprises such as the Kuwait Fund or Arab Economic Development and Kuwait Petroleum Company in addition to Kuwait's participation in multilateral and international organizations, including the World Bank, the International Monetary Fund and the Arab Fund for Economic and Social Development, amongst others. The FGF is a long-term investor in various asset classes ranging from more traditional assets such as equities and bonds to alternatives such as private equity, real estate and infrastructure.

Details Hidden

Harris uses a value investment philosophy in selecting equity and equity-like securities of US and non-US issuers. The firm's investment philosophy spans across large, mid and small-cap companies. In addition, Harris may hedge a client’s exposure to direct or indirect foreign currencies. In constructing portfolios for their clients, the firm seeks out companies that they believe are trading in the market at significant discounts to their underlying value. Harris uses a bottom-up approach focused on individual companies, rather than focusing on specific economic factors or industries. They generate their research ideas from a variety of internal and external sources. The firm’s research process seeks to identify companies selling at a discount to its estimate of intrinsic value.

Details Hidden

Alecta is a risk-averse manager which aims to meet the requirements of long-term pension fund management, in terms of delivering a competitive return with prudent risk management. The firm’s portfolio holdings consist of approximately 50 percent fixed income, 41 percent equities, and 9 percent real estate. The core of Alecta’s philosophy is a competent independent in-house analysis, focusing on the absolute return and risks of their investments. They direct their investment activities mainly to areas where the firm have such in-house capability and expertise. By limiting the number of holdings, they facilitate an even deeper analysis whereby each specific analysis can have a significant impact on the firm’s performance.

Recent Transactions
Details Hidden

purchases Daimler Truck AG from Daimler AG

Details Hidden

INEOS AG purchases Mercedes-Benz Grand Prix Ltd. from Daimler AG

Details Hidden

Strategic Mapping, Inc., Claritas LLC purchase moovel Group GmbH from Daimler AG

Transaction Advisors
Accountant

Advised onDaimler AG purchases Mitsubishi Fuso Truck & Bus Corp. from Mitsubishi Motors Corp.

Legal Advisor

Advised onCerberus Capital Management LP purchases Chrysler LLC from Daimler AG

Investment Advisor

Advised onCerberus Capital Management LP purchases Chrysler LLC from Daimler AG

Legal Advisor

Advised onKBM Motorfahrzeuge GmbH & Co. KG purchases Taunus-Auto-Verkaufs-GmbH from Daimler AG

Legal Advisor

Advised onInvestor AB, EQT Partners AB purchase MTU Friedrichshafen GmbH from Daimler AG

Legal Advisor

Advised onInvestor AB, EQT Partners AB purchase MTU Friedrichshafen GmbH from Daimler AG

Advisors & Consultants
Legal Advisor

Co-Chair, Litigation Practice Group at Gibson, Dunn & Crutcher LLP

Legal Advisor

Co-Chair, Law Firm Defense Practice Group at Gibson, Dunn & Crutcher LLP

Legal Advisor

Co-Chair, National Securities Litigation Practice Group at Gibson, Dunn & Crutcher LLP

Clients

AutoNation, Inc. engages in the provision of automotive products and services. It operates through the following segments: Domestic, Import, Premium Luxury, and Corporate & Other. The Domestic segment comprises retail automotive franchises that sell new vehicles manufactured by General Motors, Ford and Chrysler. The Import segment includes retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, and Nissan. The Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW, Audi, and Lexus. The Corporate & Other segment involves in the collision centres, auction operations and stand-alone used vehicle sales and service centres. The company was founded by Steven Richard Berrard and Harry Wayne Huizenga Sr. in 1991 and is headquartered in Fort Lauderdale, FL.

Berkshire Hathaway, Inc. engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, and retailing services. It operates through following segments: GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, McLane Company, Manufacturing, and Service and Retailing. The GEICO segment involves in underwriting private passenger automobile insurance mainly by direct response methods. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share and facultative reinsurance worldwide. The Berkshire Hathaway Primary Group segment comprises of underwriting multiple lines of property and casualty insurance policies for primarily commercial accounts. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segments deals with regulated electric and gas utility, including power generation and distribution activities, and real estate brokerage activities. The McLane Company segment offers wholesale distribution of groceries and non-food items. The Manufacturing segment includes industrial and end-user products, building products, and apparel. The Service and Retailing segment provides fractional aircraft ownership programs, aviation pilot training, electronic components distribution, and various retailing businesses, including automobile dealerships, and trailer and furniture leasing. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.

Penske Automotive Group, Inc. operates as an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems and related parts & services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment consists of retail automotive dealership operations. The Retail Commercial Truck segment is the dealership operations of commercial trucks in the U.S. and Canada. The Other segment is comprised of commercial vehicle and power systems distribution operation and other non-automotive consolidated operations. The Non-Automotive Investments segment is the equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.

Key Stats and Financials As of 2020
Market Capitalization
$102B
Total Enterprise Value
$203B
Earnings Per Share
$3.81
Enterprise Value EBITDAOperating
7.35x
TEVNet Income
49.85x
Debt TEV
0.81x
EBITDAMargin
15.94%
Enterprise Value / Sales
1.17x
Three Year Compounded Annual Growth Rate Of Revenue
-2.08%
Revenue
$173B
Net Profit
$4.07B
Total Debt
$164B
Total Equity
$69.9B
EBITDA
$27.6B
Investments
Details Hidden

Mercedes-Benz Grand Prix Ltd. operates as a formula one motor racing team. The company was founded by Ross Brawn on March 6, 2009 and is headquartered in Brackley, the United Kingdom.

Details Hidden

Daimler Fleet Management South Africa Pty Ltd. provides fleet management products and services to the automotive industry. It provides fleet management solutions, bespoke service to three specific groups which include passenger cars, commercial vehicles, and government fleets. The company was founded in 1998 and is headquartered in Centurion, South Africa.

Details Hidden

Laureus World Sports Awards Ltd. owns and operates a sports academy. It creates global awards that recognize the achievements of sports heroes, to bring sportspeople together, united in achievement but divided by sporting code and then, once that community is brought together, put their reach and the support and investment of Laureus' Founding Patrons and Partners to work by supporting a message that can help social projects around the world who are using sport as a tool for social change. The company was founded in 1999 and is headquartered in London, the United Kingdom.

Investors
Details Hidden

Co-Founder & Partner at B Capital Group Management LP

Details Hidden

Chief Operating Officer at WeWork International Ltd.

Details Hidden

Chief Architect at Mode Analytics, Inc.

Suppliers
BorgWarner, Inc. Trucks, Construction & Farm Machinery | Auburn Hills, MI

BorgWarner, Inc. engages in the provision of technology solutions for combustion, hybrid and electric vehicles. It operates through the following segments: Air Management, e-Propulsion & Drivetrain, Fuel Injection, and Aftermarket. The Air Management segment develops and manufactures products to improve fuel economy, reduce emissions and enhance performance. The e-Propulsion & Drivetrain segment focuses on the products that improve fuel economy, reduce emissions, and enhance performance in combustion, hybrid and electric vehicles. The Fuel Injection segment includes gasoline and diesel fuel injection components and systems that deliver efficiency for traditional and hybrid vehicles with gasoline combustion engines. The Aftermarket segment sells products and services to independent aftermarket customers and original equipment service customers. The company was founded in 1928 and is headquartered in Auburn Hills, MI.

Gentex Corp. Appliances & Electronics | Zeeland, Michigan

Gentex is a global, high technology electronics company that is managed by engineers and others who understand the freedom and discipline that's required to run an entrepreneurial company. We are a unique, profitable company that is vertically integrated in highly automated electronics, CMOS camera development and manufacturing, vacuum coatings, and glass bending and fabrication. We specialize in a broad spectrum of technologies and processes to deliver high quality products to the automotive, aerospace and fire protection industries.

Harman International Industries, Inc. Private Equity & Venture Capital | Stamford, CT

HARMAN is the parent company behind an array of legendary brands that includes AKG®, Harman Kardon®, JBL®, Mark Levinson®. Lexicon®, Infinity® and more. We are a leading global provider of premium audio and infotainment solutions, engaging customers around the home, in the car and on the go. Our family of distinguished brands enjoys a legacy spanning more than 60 years of leading-edge innovation and premium quality. Our customers include the top names in entertainment, automotive and venue design – linked by a common passion for high-fidelity sound and multimedia. We operate worldwide through a network of more than 12,000 talented employees and best-in-class channel partners, positioned to serve both the emerging and established markets. Many among our team began their careers on the stage or in the recording studio, bringing their personal experience as customers to the design and production of innovative new audio technologies. We develop and deliver solutions that embrace innovation, superior value and a highly-satisfying customer experience. We achieve this by fostering a culture of employee empowerment and creativity, blended with integrity and accountability. We are committed to continuous improvement in delivering new value to our investors and every HARMAN stakeholder

Competitors
Hyundai Motor Co., Ltd. Automobiles - Seoul, South Korea

Hyundai Motor Co., Ltd. engages in the manufacture and distribution of motor vehicles and parts. It operates through the following business areas: Vehicle, Financial and Others. The Vehicle division offers motor vehicles. The Financial division provides financing, leasing and credit cards. The Other division includes manufacture of railways. The company was founded on December 29, 1967 and is headquartered in Seoul, South Korea.

Toyota Motor Corp. Automobiles - Toyota, Japan

Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive, Financial Services, and All Other. The Automotive segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories. It is also involved in the development of intelligent transport systems. The Financial Services segment offers purchase or lease financing to Toyota vehicle dealers and customers. It also provides retail leasing through lease contracts purchase by dealers. The All Others segment deals with the design and manufacture and sale of housing, telecommunications and other businesses. The company was founded by Kiichiro Toyoda on August 28, 1937 and is headquartered in Toyota, Japan.

General Motors Company Automobiles - Detroit, Michigan

General Motors Co. engages in the designing, manufacturing, and selling of cars, trucks and automobile parts. It also provides automotive financing services through General Motors Financial Company, Inc. The firm operates through the following segments: GM North America, GM International, Cruise and GM Financial. The company sells vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Wuling, Maven, and OnStar brands. General Motors was founded by William C. Durant on September 16, 1908 and is headquartered in Detroit, MI.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Daimler AG. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Daimler AG's profile does not indicate a business or promotional relationship of any kind between RelSci and Daimler AG.