Advanced Metallurgical Group
| AMG Advanced Metallurgical Group NV
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|---|---|
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| legal form | NV |
| ISIN | NL0000888691 |
| founding | 2006 |
| Seat |
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| management | Heinz C. Schimmelbusch |
| Number of employees | 2982 |
| sales | USD 1,060 million (2017) |
| Branch | Metals |
| Website | www.amg-nv.com |
| Status: 2017 | |
The Advanced Metallurgical Group (AMG), with legal headquarters in Amsterdam, is a listed metallurgy group. AMG is u. a. the world's largest producer of tantalum ores . The company has been managed by former metal company manager Heinz Schimmelbusch since it was founded.
background
In 1997, the listed American investment firm Safeguard founded the Safeguard International Fund (SIF) in order to make international private equity investments with Schimmelbusch ; The companies in the investment portfolio of the fund were brought into AMG in 2006, which was listed on the Amsterdam stock exchange in July 2017. AMG's business activities are divided into two divisions: AMG Critical Materials (extraction and processing of ores and alloys) and AMG Engineering (consisting mainly of ALD Vacuum Technologies based in Hanau, a manufacturer of vacuum technology systems in the metallurgy and heat treatment sector).
AMG Critical Materials
The forerunners of the division go back to the year 1870; This year Graphit Kropfmühl (GK) was founded to mine graphite in Germany. GK acquired RW Silicium, a German silicon manufacturer founded in 1947. In 2008 AMG acquired a 60% stake in GK, which was fully taken over in 2012. The Gesellschaft für Elektrometallurgie (GfE) is also part of the portfolio ; this was founded in 1911 as a producer of vanadium alloys and chemicals in Nuremberg. In 1937 GfE expanded its activities with the establishment of a British subsidiary, London & Scandinavian Metallurgical Company (LSM), a manufacturer of alloys; GfE's US business has been operating under the name Metallurg since the 1940s . The French portfolio company Sudamin Holding (Sudamin) emerged from the Société Industrielle et Chimique de l'Aisne (SICA), which has been mining antimony in Chauny since 1933. 2001 Sudamin acquired the competitor SCLP Lucette . In the late 1970s, Metallurg expanded its activities to Brazil with the acquisition of Companhia Industrie Fluminense (CIF), a manufacturer of specialty chemicals. AMG's tantalum mine in Brazil was originally part of the CIF acquisition.
AMG engineering
The origins of AMG Engineering go back to the predecessor companies of ALD Vacuum Technologies (ALD), which were founded in Germany in the middle of the 19th century. From the 1940s onwards, various German industrial companies (including the former Degussa , Metallgesellschaft and Heraeus groups ) brought together their process and process expertise in the field of vacuum furnace metallurgy. In 1994, Leybold-Durferrit, the parent company of these combined companies, founded its ALD vacuum furnace division as an independent unit and was sold to Safeguard in 1997 by the then shareholders Leybold and Degussa. Since then, ALD has achieved market leadership in many vacuum furnace applications, including crystallization and turbine blade coating. In 2016, ALD acquired the remaining 50% of the shares in the joint venture company ALD-Holcroft Co. Inc. from AFC-Holcroft LLC. ALD-Holcroft, founded in 2005, acts as the exclusive distribution partner for the ALD product lines for heat treatment in the NAFTA region. AMG Engineering is still one of the world's leading manufacturers of automation products for the automotive industry.
Individual evidence
- ↑ a b Our History ; accessed on July 29, 2018
- ↑ 2,210 at AMG Critical Materials, 772 at AMG Engineering
- ↑ a b Business report 2017 , accessed on July 29, 2018 (English, pdf)