Tower International

Livonia, United States Founded: 1993 • Age: 33 yrs Listed Acquired By Autokiniton
Body and chassis components are manufactured and supplied to OEMs.

About Tower International

Tower International is a Transportation, Automotive & Logistics company based in Livonia (United States) founded in 1993, and was acquired by Autokiniton in July 2019. Body and chassis components are manufactured and supplied to OEMs. The company has 115 employees. Tower International has completed 2 acquisitions, including Meleghy International and W-Industries. Its chief executive, as recorded, is Malmhagen Pelle. Its Indian entity Tower Automotive India Private Limited. reported revenue of ₹43.34 Cr. Its focus areas include Auto, Auto Components and Body and Frame. Its competitors include Cummins, Cooper Standard and Delphi Technologies; 1 of its 3 listed competitors has raised funding.

Company details

Tower International was founded in 1993 and is based in Livonia, United States. Automotive components for bodies and chassis are produced for original equipment manufacturers. These encompass body structures, class A surfaces, assemblies, chassis elements, and non-automotive structures designed for cars, crossovers, pickups, and sport utility vehicles. Deliveries are made to key OEMs including Ford, Volvo, BMW, Fiat, and Audi.

Key Metrics

Funding Insights of Tower International

  • Total Rounds 11
  • Last Round Grant — $11,886
  • First Round $26,955

    (Apr 2023)

  • Investors Count 1

Latest 10 of 11 funding rounds of Tower International with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$11,886Grant––
Mar 2024$14,791Grant––
Feb 2024$14,627Grant––
Dec 2023$14,804Grant––
Oct 2023$14,912Grant––
Sep 2023$12,452Grant––
Aug 2023$15,646Grant––
Jul 2023$14,802Grant––
Jun 2023$12,681Grant––
May 2023$15,150Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Tower International

Tower International has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ministerstvo Hospodárstva Slovenskej Republiky and Autokiniton.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
mhsr.sk
Autokiniton is recognized as a leading automotive supplier specializing in structural components.
agglp.comNew Boston, United States
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Investor details for Tower International

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Board of directors of Tower Automotive India Private Limited. (Tower International)

Tower Automotive India Private Limited. is the primary company behind Tower International. The board of Tower Automotive India Private Limited. currently have 3 directors; the longest-serving is Praful S Wairagade, appointed in 2010. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Praful S Wairagade
DIN 03578530
Director01 Sep 201016 yrs 1 moTower Automotive India Private Limited.
George Thanopoulos Peter
DIN 08886015
Director01 Nov 20205 yrs 11 moTower Automotive India Private Limited.
Narasimha Murthy Mudiganti
DIN 09630234
Director04 Jun 20224 yrs 4 moTower Automotive India Private Limited.

People of Tower International

30 people are tracked at Tower International (7 in leadership, 23 in team); the tracked headcount is 115.

NameRoleGroup
Malmhagen Pelle
CEO & PresidentLeadership
James Gouin
CEOLeadership
Mark Flynn
Senior Vice President, Global Human ResourcesLeadership
Meraldo Silva
South America HR And Statutory DirectorLeadership
Nanette Dudek
Vice President, Legal Affairs and Compliance and Corporate SecretaryLeadership
Josh Bedinger
General ManagerLeadership
Mohandas Tadiparthi
Associate DirectorLeadership
Ferruccio la Fortezza
Key Account ManagerTeam
Andrea Myers
Quality EngineerTeam
James Mattingly
QualityTeam
Robert Jackson
SupervisorTeam
Jamie Graham
HR ManagerTeam
Kubincova Jana
HR GeneralistTeam
Devon Logsdon
Manager, Human ResourcesTeam
Angelic Deweese
Human Resources GeneralistTeam
Alice Camp
Quality/ts Compliance CoordinatorTeam
Matthew Reynolds
Press, Automation & Die Protection Engineer NA OperationsTeam
Teresa Patridge
Production Superintendent - OperationsTeam
Ray Assessor
Operations ManagerTeam
Ptak Frank
Die EngineerTeam

10 more people are available in the full profile.

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Financials of Tower International

Figures of Tower Automotive India Private Limited., the primary company behind Tower International, for FY 2025. Revenue was ₹43.34 Cr (+19% year on year). Net profit was ₹4.73 Cr (11% margin). EBITDA was ₹7.25 Cr (17% margin). Revenue has grown at a compounded annual rate of +26% over three years and +14% over five years.

  • ₹43.34 CrRevenue · FY 2025 · +19% YoY
  • ₹4.73 CrNet profit · 11% margin
  • ₹7.25 CrEBITDA · 17% margin
  • ₹1.83 CrPaid-up capital
  • 115Employees (provident fund records)
  • +26%Revenue CAGR, 3 years
  • +14%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Tower Automotive India Private Limited. are on its company page.

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Detailed financial statements for Tower International

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Investments & Acquisitions by Tower International

Tower International has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Meleghy International and W-Industries.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Automation, control, process design, and system packaging services are provided.
w-industries.comSpring, United States1984Apr 2011••••
Automotive components are manufactured and supplied by the company.
meleghyautomotive.deWilnsdorf, Germany1910Feb 2000$110M
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Complete acquisition details for Tower International

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  • Exports

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Timeline of Tower International

7 dated milestones of Tower International across 31 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tower International is founded.
  2. Acquisition Acquires Meleghy International.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires W-Industries.
  5. Exit Acquired by Autokiniton.
  6. Funding First funding round of $27K.
  7. Funding Latest funding round, Grant, of $12K.

Competitors of Tower International

Tower International has 3 listed competitors in our database, 1 of them funded. They include Cummins, Cooper Standard and Delphi Technologies.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cummins.com1919United States36,826
Manufacturer of gas-powered construction equipment
cooperstandard.com1960Novi, United States$51.1M40
Systems and components for the automotive industry are supplied worldwide.
delphi.com1994Auburn Hills, United States
Manufacturer and supplier of automotive parts to OEMs
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Detailed competitors of Tower International

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Web traffic of Tower International

Websites that share an audience with Tower International (towerinternational.com).

Similar websites

Websites whose visitors overlap most with Tower International. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
uniwerks.ca
uniwerks.ca
100%
–
en.wikipedia.org
en.wikipedia.org
56%
–
indeed.com
53%
416.4M#70View details

Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as Tower International (Automotive Manufacturing & Components) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of infotainment and audio solutions for multiple sectors
1980Stamford, Connecticut, United States
Manufacturer of gas-powered construction equipment
1919United StatesUSD 1.21 B5,230
Motor vehicles and parts are manufactured, imported, distributed, and sold.
1994Irvine, California, United StatesUSD 79.03 B35,750
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Related news about Tower International

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Frequently Asked Questions about Tower International

Tower International was founded in 1993 and raised its 1st funding round 30 years after it was founded.

Tower International is headquartered in Livonia, United States. It is registered at Livonia, Michigan, United States.

Malmhagen Pelle is the CEO of Tower International, as recorded in our data.

Tower International has 115 employees.

The primary company behind Tower International, Tower Automotive India Private Limited., reported revenue of ₹43.34 Cr for FY 2025, up 19% year on year.

Tower International was founded in 1993 and is based in Livonia, United States. Automotive components for bodies and chassis are produced for original equipment manufacturers. These encompass body structures, class A surfaces, assemblies, chassis elements, and non-automotive structures designed for cars, crossovers, pickups, and sport utility vehicles. Deliveries are made to key OEMs including Ford, Volvo, BMW, Fiat, and Audi.

Tower International's top competitors include Cummins, Cooper Standard and Delphi Technologies.

Tower International has made 2 acquisitions, including Meleghy International, and W-Industries.

Tower International has 2 investors. Key investors include Ministerstvo Hospodárstva Slovenskej Republiky, and Autokiniton.

Tower International operates through Tower Automotive India Private Limited..

Yes. Tower International was acquired by Autokiniton in July 2019.

The legal entities of Tower International currently have 3 directors, including Praful S Wairagade, George Thanopoulos Peter, Narasimha Murthy Mudiganti.

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