Kendrion N.V. develops, manufactures, and markets electromagnetic systems and components for industrial and automotive applications in Europe, the Americas, Asia, and internationally. The company operates in two segments, Automotive and Industrial. The Industrial segment offers shift-lock, holding, locking, spreading, controlling, and vibrating solenoids, which are primarily used in mechanical engineering, safety, materials handling, medical engineering, high- and low-voltage engineering, and in elevator technology; and industrial control systems to optimize automatic processes with pneumatics, fluid, solenoid, and control technologies. This segment also provides electromechanical brakes and clutches that are used in robotics and automation technology, machine tools and production machines, and machine handling and elevator technology for accelerating, decelerating, positioning, holding, and securing movable drive components and loads. The Automotive segment offers electromagnetic actuators, and mechatronic systems and components primarily for use in fuel systems, engine management, active damping, sound design, sensor technology, and assistance systems of passenger cars; and electronic systems and components primarily for use in the areas of commercial vehicles, such as bus and truck, as well as construction and agricultural machinery, municipal vehicles, and fire-protection technology and gensets. The company was formerly known as Schuttersveld N.V. and changed its name to Kendrion N.V. in 2001. Kendrion N.V. was founded in 1859 and is headquartered in Zeist, the Netherlands.