Ferrostaal
Private company: GmbH | |
Industry | Industrial Services and Machinery Supply |
Founded | 1920 |
Headquarters | Essen, Germany |
Number of locations | more than 40 countries worldwide |
Area served | global |
Key people | Executive Board: Dr. John Benjamin Schroeder, Dr. Klaus Lesker, Joachim Ludwig, Ralf Schwarzhaupt, Dr. Michael Bütter |
Products | Petrochemicals, printing machinery, food processing and packaging converting, etc |
Services | industrial services |
Revenue | € 1,6 billion (2008)[1] |
Profit | € 100 million(2008)[1] |
Number of employees | 4,400 (2008) |
Website | ferrostaal.com |
Ferrostaal is a provider of industrial services. With 4,400 employees and an annual turnover of around euro 1, 6 billion euro (2008), Ferrostaal serves customers in more than 40 countries worldwide. Ferrostaal provides industrial services in two areas: Projects (Petrochemicals, Industrial Plants, Solar Energy and Power) and Services (Equipment, Piping, Automotive). In 2009, the International Petroleum Investment Company (IPIC) of Abu Dhabi has taken over 70% of the shares of Ferrostaal AG from MAN AG, Munich. Due to the acquisition of the majority shares, the company entered the commercial register as Ferrostaal, underlining its separation from the MAN Group.[2]
History
Ferrostaal was founded in The Hague, Netherlands in 1920. The steel trading company was bought by Gutehoffnungshütte Aktienverein (GHH) in 1926. Ferrostaal expanded into many countries and, from the 1950s onwards, committed itself to worldwide steel trade. During the 1960s the company started to build industrial plants. Until the end of the 1960s, Ferrostaal was also known as manufacturer of diesel railcars and railbuses. In 2004 it was renamed MAN Ferrostaal. Three years later the corporation sold two thirds of its steel business. In 2007 Solar and Biofuels were created as new strategic business areas. As a result of IPIC taking over the majority of shares of MAN Ferrostaal AG, the company changed its name into Ferrostaal AG.
In March 2012, MAN SE announced the sale of Ferrostaal AG to the MPC Group.[3] Since March 2012 Ferrostaal's new owner is MPC Industries GmbH and the company's name has been changed to Ferrostaal GmbH.
Organisation
Ferrostaal is a global industrial service provider with financing competence. The company is a project developer and provider of EPC services for industrial plants, as well as a sales and service partner for machinery and automobile assembly. There are six autonomously operating sub-groups beneath Ferrostaal Holding, each independently cultivating markets in its own respective business field.
Business Units
Ferrostaal Industrial Projects
Ferrostaal Industrial Projects GmbH is a project developer and EPC service provider for the realisation of industrial plants in the fields of petrochemicals, wind energy, lighting as well as for select opportunities and air technology.
Ferrostaal Piping Supply
Ferrostaal Piping Supply GmbH delivers piping, piping accessories and pipeline equipment for the oil & gas industries, the energy sector and shipbuilding. The product portfolio contains seamless and welded piping, pigs and pig trap stations, fittings, flanges, valves, seals, screwed connections, coatings and corrosion-protection materials. The product range also includes special applications such as piping for crane construction and oil platforms. Consistently high quality and reliability in the products delivered are ensured, thanks to efficient quality management and precise supplier audits and certification.
Ferrostaal Equipment Solutions
Ferrostaal Equipment Solutions GmbH is an independent sales and service partner for single machines and machine lines in the areas of environmental technology/recycling, packaging, plastics, metal processing, railway and laboratory technology; it offers its customers structured concepts for export financing.
Intergrafica Print & Pack
Intergrafica Print & Pack GmbH is a leading, worldwide and manufacturer-independent sales and service partner for single machines and machine lines in the graphic arts sector. With more than 50 years of experience, Intergrafica Print & Pack finds the ideal solution for the customer's printing requirements and offers extensive services in the areas of project handling, export financing, delivery, commissioning, spare parts and maintenance.
Ferrostaal Automotive
Ferrostaal Automotive GmbH is a highly specialised service provider for the automotive industry in Germany and internationally. The company is a supplier-independent full-service provider and partner to the automotive industry. It offers tailored solutions, from engineering, process development and assembly of entire modules to supply-chain management and just-in-sequence deliveries of assembled modules for manufacturers and suppliers in the automotive industry. These modules include, for instance, complete chassis and their components as well as drive, cooling and tank systems, glazing and passenger-compartment modules.
Ferrostaal Industrieanlagen
Ferrostaal Industrieanlagen GmbH plans and implements industrial plants internationally as a general contractor and owner’s engineer. The company handles project management from the raw material to the end product and offers services from delivering plant parts to installing equipment, right through to the construction of turnkey production and distribution plants.
References
- 1 2 "Annual Report of Ferrostaal AG" (PDF). ferrostaal.com. 2008.
- ↑ http://www.ferrostaal.com/uploads/tx_mfsmatrix/MF_JB_08_Gb_sec.pdf
- ↑ MAN. "MAN and IPIC close Ferrostaal transaction". man.eu.
External links
Wikimedia Commons has media related to Ferrostaal railbus. |