CPI

What CPI does

CPI (Car Parts Industries Belgium srl) is a Belgian-headquartered automotive parts remanufacturer and a wholly-owned subsidiary of BORG Automotive Group, which is in turn 100% owned by Danish listed conglomerate Schouw & Co. The company operates a six-step remanufacturing process — disassembly, ultrasonic and abrasive cleaning, inspection and sorting, component-level reconditioning and replacement, reassembly, and 100% end-of-line performance testing — applied to eight product groups: starters, alternators, AC compressors, brake calipers, EGR valves, steering racks, steering pumps, and turbochargers. Its technical capabilities include reverse engineering of original automotive electronic control units, multi-protocol communication bus decoding (CAN, LIN, FlexRay, MOST), in-house 3D printing (FDM, SLA, SLS) for unobtainable components, and management of a core warehouse holding over 1.3 million used units. The catalog spans more than 14,200 remanufactured part numbers, with coverage exceeding 90% of the European passenger car parc across most product groups.

CPI's business model is a closed-loop core exchange operation: customers purchase remanufactured OE-matching components and receive a core refund credit upon return of the old unit, creating a recurring transactional revenue stream tightly coupled to the European vehicle parc. The company sells through two primary channels — direct enterprise field sales to automotive OEMs (including for warranty replacement and dealer-network service parts) and B2B distribution to independent aftermarket distributors and workshops — with all products backed by a two-year warranty. Production is distributed across facilities in Poland, Spain (IATF 16949 certified), and Tunisia, with headquarters, sales, and group management in Nivelles, Belgium. CPI also participates in EU-funded R&D consortia (notably the rEUman HORIZON Europe project) and academic partnerships (Linköping University LCAs) to support OEM sustainability procurement requirements and to develop remanufacturing capabilities for electric and hybrid vehicle components.

Name

CPI

Legal name

Car Parts Industries Belgium srl

Website

https://carpartsindustries.eu

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

11–50 employees

Short description

CPI (Car Parts Industries) is a Belgium-headquartered automotive remanufacturer, wholly-owned by BORG Automotive Group, that reverse-engineers and remanufactures eight product groups of OE-matching electronic and mechatronic components — starters, alternators, AC compressors, brake calipers, EGR valves, steering racks, steering pumps, and turbochargers — for sale to automotive OEMs and aftermarket distributors across Europe.

Ownership category

akta.pro rank

Product category

Automotive Parts Remanufacturing

NAICS

Motor Vehicle Parts (Used) Merchant Wholesalers (42314), Motor Vehicle Transmission and Power Train Parts Manufacturing (336350), Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (33633)

SIC

Motor Vehicle Parts & Accessories (3714), Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010)

akta.pro primary industry

Powertrain Electronics & Controls Remanufacturing (ECUs/TCUs, Mechatronics) (TLAKALAJ)

akta.pro secondary industries

Hybrid Powertrain Components Rebuild/Remanufacturing (e-motors, power split devices) (TLAKALAI), Aftermarket Exhaust & Emissions Components Manufacturing (Mufflers/Catalysts/DPF/EGR) (IMACANAE)

Keywords

• Automotive parts remanufacturing
• Remanufactured OEM components
• Automotive aftermarket parts
• Engine electrical components
• Brake and steering systems

Headquarters

HQ city

Nivelles

HQ country

Belgium

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Remanufactured Parts Sales: CPI generates revenue by selling remanufactured automotive electronic and mechatronic components to OEMs, aftermarket distributors, and workshops. The core exchange model involves charging customers for the remanufactured part while offering a credit (core refund) upon return of the old core unit.
2. Core Exchange Credits: CPI operates a core exchange program where customers return used components (cores) to be remanufactured. Revenue is influenced by the availability and condition of cores in the market, creating a closed-loop supply chain revenue dynamic.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels3 records

Core offering

CPI (Car Parts Industries) remanufactures automotive electronic and mechatronic spare parts to original equipment (OE) specifications across eight product groups: starters, alternators, AC compressors, brake calipers, EGR valves, steering racks, steering pumps, and turbochargers. The company operates a six-step remanufacturing process (disassembly, cleaning, inspection, component replacement, reassembly, final testing) and offers more than 14,200 part numbers covering over 90% of the European passenger car parc, with all products backed by a two-year warranty. Revenue is generated through B2B sales to automotive OEMs and aftermarket distributors, supported by a closed-loop core exchange program managing over 1.3 million used cores.

Product overview

CPI (Car Parts Industries) is an automotive remanufacturer offering eight core remanufactured product groups: Starters, Alternators, AC Compressors, Brake Calipers, EGR Valves, Steering Racks, Steering Pumps, and Turbochargers. The company remanufactures used original equipment (OE) cores to OE-matching quality standards, providing over 14,200 part numbers with coverage exceeding 90% of the European car parc for most product groups. Production facilities are located in Poland, Spain, and Tunisia, with core warehouses in Poland holding over 1.3 million units. All products carry a two-year warranty without mileage limitation and target coverage of more than 90% of the European car parc.

Differentiator

Problem solved

Functional benefit

Brands

• BORG Automotive Reman: One of three specialized business units of BORG Automotive Group, remanufacturing OE-matching parts for aftermarket and OE clients.
• BORG Automotive Newman

Products and services

• Remanufactured Starters High-torque electric motors that rotate the engine crankshaft to initiate the combustion cycle. CPI remanufactures OEM starters with over 2,300 part numbers covering 95% of the European passenger car parc. Sold to automotive OEMs and aftermarket distributors for service replacement.
• Remanufactured Alternators Charging system components that generate electricity to maintain battery charge and power vehicle electrical systems. CPI offers over 3,400 remanufactured alternators covering more than 92% of the European car parc. Sold to automotive OEMs and aftermarket distributors.
• Remanufactured AC Compressors Air conditioning system components that compress and move refrigerant gas. CPI offers over 1,350 remanufactured AC compressors covering more than 96% of cars in Europe, including electric air conditioning compressors for hybrid and electric vehicles. Sold to automotive OEMs and aftermarket distributors.
• Remanufactured Brake Calipers Braking system components that clamp brake pads against discs to create friction for safe vehicle stopping. CPI remanufactures over 4,000 brake caliper part numbers covering 98% of passenger and light commercial vehicles in Europe. Sold to automotive OEMs and aftermarket distributors.
• Remanufactured EGR Valves Exhaust gas recirculation valves that reduce NOx emissions by routing exhaust gases back into the engine's intake. CPI remanufactures EGR valves to OE standards for comprehensive European car parc coverage. Sold to automotive OEMs and aftermarket distributors.
• Remanufactured Steering Racks Mechanical assemblies converting steering wheel rotation into lateral wheel motion for vehicle steering. CPI remanufactures power steering racks (hydraulic and electric) for passenger and light commercial vehicles. Sold to automotive OEMs and aftermarket distributors.
• Remanufactured Steering Pumps Hydraulic pressure supply components for steering racks that make steering wheel turning easier. CPI offers more than 550 remanufactured power steering pump items with comprehensive European coverage. Sold to automotive OEMs and aftermarket distributors.
• Remanufactured Turbochargers Exhaust-driven turbine compressors that increase air density in combustion chambers for higher torque and engine output. CPI remanufactures over 850 turbocharger part numbers covering 84% of the European passenger car parc, including variable geometry and electrically controlled models. Sold to automotive OEMs and aftermarket distributors.

Quantifiable outcome

• Significant CO2 emissions reduction compared to manufacturing new parts, as evidenced by lifecycle assessments conducted with Linköping University.
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Advanced Materials ShowminorGTM or Marketing PartnerCPI participates in the Advanced Materials Show, an industry trade exhibition, alongside major partners including BASF, CATL, and HSBC UK. The event provides CPI with visibility among automotive industry stakeholders and an opportunity to showcase its remanufacturing capabilities.
• BASFminorGTM or Marketing PartnerBASF is listed as an industry partner at the Advanced Materials Show where CPI participates. Both companies are positioned as exhibitors in the advanced materials and sustainability space within the automotive sector.
• CATL (Contemporary Amperex Technology)minorGTM or Marketing PartnerCATL is listed as an industry partner at the Advanced Materials Show alongside CPI, indicating shared presence in the advanced automotive materials and battery technology exhibition space.
• HSBC UKminorGTM or Marketing PartnerHSBC UK is listed as an industry partner at the Advanced Materials Show where CPI exhibits, suggesting CPI's participation in a finance-adjacent automotive industry event.
• rEUman Project ConsortiumcoreStrategic or Co-development PartnerCPI is a partner in the rEUman project, a European research initiative involving 19 partners focused on remanufacturing and circular economy solutions. The project is led by Politecnico di Milano and represents CPI's strategic commitment to collaborative R&D in sustainable remanufacturing. CPI contributes expertise in automotive electronics remanufacturing to the consortium's work on lifecycle assessments and circular business models.
• Politecnico di MilanocoreStrategic or Co-development PartnerPolitecnico di Milano serves as the lead partner in the rEUman project consortium, coordinating the research efforts of 19 partners including CPI on remanufacturing and circular economy research.
• Linköping UniversitycoreStrategic or Co-development PartnerCPI collaborates with Linköping University on lifecycle assessments (LCAs) for its remanufactured automotive parts, providing scientific rigor to CPI's environmental sustainability claims. This partnership supports CPI's green value proposition with academic-validated data on CO2 emissions reduction.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• WAI Global: Global aftermarket supplier and remanufacturer of starters, alternators, power electronics, and other rotating electrical components. Directly comparable to CPI's starter and alternator remanufacturing categories and OE-matching distribution model.
• BBB Industries: US-headquartered remanufacturer of starters, alternators, brake calipers, steering racks, and turbochargers serving the automotive aftermarket. Closely comparable to CPI in product mix, core-exchange model, and multi-category OE-quality reman strategy.
• Motorcar Parts of America: US-based remanufacturer and distributor of automotive aftermarket parts, particularly alternators, starters, brake calipers, and turbochargers. Closely aligned with CPI in core-exchange mechanics and multi-category reman portfolio.
• BORG Automotive Reman: Sister business unit within the same BORG Automotive Group parent as CPI, remanufacturing OE-matching automotive parts for aftermarket and OE customers across similar product categories. Most direct peer given shared ownership and overlapping reman capabilities.
• Marshall Auto: UK-based specialist remanufacturer of steering racks and electric power steering units for the European aftermarket. Directly comparable to CPI's steering rack remanufacturing capability and OE-matching quality positioning.

Broad incumbents

• Bosch Automotive Aftermarket: Global automotive aftermarket division of Bosch, offering remanufactured starters, alternators, brake components, and electronic parts. Comparable in remanufacturing categories but part of a vastly larger diversified portfolio.
• Valeo: Major French automotive supplier with significant OE and aftermarket presence in starters, alternators, AC compressors, and electrical systems. Overlaps CPI's core categories as part of a much broader mobility-component portfolio.
• Denso: Japanese global automotive component manufacturer with remanufacturing and aftermarket operations including starters, alternators, and AC compressors. Comparable product categories to CPI but operating at far greater scale and breadth.
• Mahle: Large German automotive supplier with remanufacturing operations spanning engine components, turbochargers, and aftermarket parts. Broader incumbent competing with CPI across several product groups but with a much wider portfolio beyond reman.

Emerging players

• MSG Equipment: European remanufacturer and diagnostic equipment provider for automotive electronics including ECUs, starters, and alternators. Comparable technical focus on electronic reman and bus decoding, but smaller scale and more specialized than CPI.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/16211800/admin/dashboard

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CPI