The traditional Binder brand was the starting point for a very successful development of the business unit Passenger car Systems.

The W. Binder Company was founded in 1911 by Wilhelm Binder. In the early 1920s, Wilhelm Binder began to develop and manufacture electromagnetic components, such as clamping devices, safety solenoids, solenoid drums and shift-lock solenoids. The product range was steadily increased, and productions plants were continuously enlarged.

In 1953, the first appearance at the “Hannover Messe” helped to gain international recognition. Over the years, more than 100 patents and utility models were registered. In 1997, the enterprise was sold to the Dutch group Schuttersveld N.V. – today known as Kendrion N. V.