Kendrion, a global leader in the development and manufacturing of electromagnetic solutions, is pleased to announce its debut as an exhibitor at the Parcel+Post Expo in Amsterdam. The exhibition will take place from October 24th to October 26th, 2023, providing a unique platform for experts and professionals in the parcel delivery, postal services, and e-commerce logistics sectors.

Following the press release of 29 August 2023, Kendrion reports that it has fully resumed operations following the recent cyber incident.

On 29 August 2023, Kendrion reported the identification of a cyber security incident involving unauthorized third-party access to certain of the company’s IT systems. Upon becoming aware of the incident, the company immediately shut down all affected IT systems to contain the incident, engaged leading cyber security experts, and activated its response protocol, including contingency plans to continue operations without these systems.

Today Kendrion has restored all key IT systems, ensuring minimal disruption for customers and employees. The incident has had no significant impact on our customer deliveries and is not expected to have a material impact on the company’s financial results.

Kendrion is assessing the extent to which data has been lost or compromised.

The wind power industry is facing new challenges as the next generation of wind turbines has ever higher performance requirements and cost pressures. We at Kendrion INTORQ offer a brake product range for yaw and pitch systems that is specially tailored to the growing requirements of the industry.

Kendrion has recently identified a cyber security incident which involves an unauthorized third party that has gained access to the Company’s systems. Immediately upon becoming aware of the incident, the Company took down all its systems to contain the incident.

The Company has activated its response protocol, which includes contingency planning to continue operations.

Investigations are ongoing with the support of leading third-party cybersecurity experts. Based on the current status of the investigation, the Company cannot rule out that the unauthorized party has obtained data from its systems. More information will be disclosed if and when appropriate or required.

Kendrion demonstrates resilience in deteriorating market circumstances

With more than 100 years of experience in the development and production of electromagnetic components, Kendrion has now developed a rotary solenoid for electromagnetic sorting switches and a shuttle finger for goods transfer systems that optimize material handling in automated storage systems.