Multimatic Receives Ferrari Innovation Supplier of the Year Award

MARKHAM, ON, Canada (June 28th, 2024) – Multimatic was honoured to be named as a winner of the Ferrari Innovation Supplier of the Year Award during Podio Ferrari 2024.

“This recognition from Ferrari, a brand synonymous with excellence and innovation, is an incredible testament to the hard work and passion our team has poured into the TrueActive Spool Valve Suspension technology over the past four years,” said Raj Nair, President and COO of Multimatic.

“Developing the system has been a journey of relentless pursuit of perfection, pushing the boundaries of vehicle dynamics and automotive performance. This achievement reflects the collective brilliance and tireless effort of our engineers, designers, production specialists, and supplier partners. I want to extend my heartfelt gratitude to Ferrari for their trust during this collaboration.”

Podio Ferrari is a celebration of the excellence achieved by the firms working alongside Ferrari. The awards were presented by Ferrari’s CEO, Benedetto Vigna, along with Chief Officers from each department, in the brand-new e-building in Maranello, Italy on June 25th.

About Multimatic

Multimatic is a privately held, global enterprise supplying components, systems and engineering services to the automotive industry.

Multimatic’s core competencies include the engineering and manufacturing of complex mechanisms, body hardware, suspension systems and body structures, as well as the design and development of lightweight composite automotive systems. In addition, Multimatic delivers niche vehicle design, development and production for road and race applications.

Headquartered near Toronto, Canada, Multimatic has manufacturing divisions and engineering facilities in North America, Europe, Asia, and alliance relationships with partners around the world.

Multimatic is comprised of five operating groups: Multimatic Mechanisms, Multimatic Structures & Suspension, Multimatic Engineering, Multimatic Niche Vehicles, and Multimatic Special Vehicle Operations.

For further information, please visit www.multimatic.com.