PSA Group Recognizes REHAU With Seal of Approval
12.16.2011
REHAU has been awarded the “Major Supplier” seal of approval by the PSA group at a ceremony organized on December 8 in Poix-de-Picardie, the French automotive production site of the REHAU group. The seal of approval was awarded by Jean-Baptiste Formery, purchasing executive director Vehicle Components at PSA, to Dr. Veit Wagner, vice president of the REHAU Group Supervisory Board. Only 14 businesses have been awarded this seal of approval.
REHAU was awarded the Major Supplier seal of approval based on the following criteria:
- The constant ability of the company to support the strategy and ambitions of PSA Peugeot Citroën;
- The excellent relations maintained by the groups in all areas;
- The financial strength and industrial excellence of the company;
- The strategic vision shared with PSA Peugeot Citroën; and
- The efforts of the company in the area of research and innovation.
These strong points make REHAU a competitive and sustainable supplier able to support PSA Peugeot Citroën in the development of future products. This seal of approval reinforces the position of REHAU in the automotive industry market.
With this action, PSA Peugeot Citroën aims for creating a long-standing competitive advantage from the supplier relationship, in particular by creating shared value with its suppliers. For the group, the objective is to award the seal of approval to 100 major suppliers by 2015.
For REHAU and all of our employees, this seal of approval is both an honor and recognition of the industrial and human investments made over many years in the service of our customers and particularly of PSA Peugeot Citroën.
REHAU delivers “Unlimited Polymer Solutions,” and is the premium worldwide brand for polymer-based innovations and systems in construction, automotive and industry. The company generates continuous growth through its expertise and innovative capabilities in materials development, systems design and surface technology. Approximately 15,000 employees at more than 170 locations around the world ensure success of the independent, privately held company.