Brothers Mannesmann

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Brothers Mannesmann AG

logo
legal form Corporation
ISIN DE0005275507
founding July 14, 1931
Seat Remscheid , Germany
management Jürgen Schafstein, Chairman of the Board of Management
Reinhard Carl Mannesmann, Chairman of the Supervisory Board
Number of employees 140 (2012)
sales 71.8 million euros (2012)
Branch Tool and fittings trade
Website www.bmag.de

The Brüder Mannesmann AG is a listed German tool and fittings dealer based in Remscheid , with nine subsidiaries .

Company history

After establishing several companies and companies in the 19th century (including Mannesmann ), Alfred Mannesmann and his brother Carl founded the Brüder Mannesmann GmbH in Remscheid on July 14, 1931, which initially produced forged and cast pipe clamps for water pipes . Later these were also used in the gas sector . In 1977 the company began trading tools and founded the subsidiary, Brüder Mannesmann Werkzeuge GmbH. After hand tools and do-it-yourself products were initially imported, technical articles and power tools were added later. In 1995 the Brüder Mannesmann GmbH was converted into a stock corporation; the IPO took place on June 3, 1996. In 1998 more than 2,000 people were employed for the first time. In the same year sales were around 500 million DM (around 260 million euros ). With the sale of Deutsche Armaturen AG in 2000, the number of employees and sales decreased significantly.

The company's shares were listed in the Prime Standard of the Frankfurt Stock Exchange until March 21, 2012 and then switched to the General Standard . Today the company's shares are listed on the m: access of the Munich Stock Exchange .

The current administrative seat is the villa in Remscheid-Bliedinghausen , built between 1914 and 1916 .

Brothers Mannesmann tools

Brothers Mannesmann Tools Logo.svg

The subsidiary, Brüder Mannesmann Werkzeuge GmbH, specializes in do-it-yourself , craft and industrial markets and employs around 80 people (as of 2008). Products are imported from all over the world and exported to over 70 countries . The range of the Brüder Mannesmann Werkzeuge GmbH amounts to over 8,000 articles in five different product lines .

Subsidiaries

The Brüder Mannesmann AG has the following subsidiaries, either directly or indirectly:

  • Brüder Mannesmann Werkzeuge GmbH, Remscheid (direct)
    • Brüder Mannesmann Nederland BV, Doetinchem , Netherlands (indirectly through Brüder Mannesmann Werkzeuge GmbH)
  • CoCaCo Trading GmbH, Remscheid (direct)
    • Fernando Esser & Cia. GmbH, Remscheid (indirectly via CoCaCo Trading GmbH)
    • Corneta Export GmbH, Remscheid (indirectly via CoCaCo Trading GmbH)
  • Schwietzke Armaturen GmbH, Bottrop (direct)
    • CEA Chemie- und Energie- Armaturen GmbH, Ludwigshafen am Rhein (indirectly via Schwietzke Armaturen GmbH)
  • Brüder Mannesmann Grundbesitz GmbH, Remscheid (direct)
  • Chronos Technologie AG, Remscheid (direct)

As of December 31, 2011

Shareholder structure

proportion of Shareholders
30.83% Management of the Brüder Mannesmann AG
69.17% Free float

As of May 21, 2013

Web links

Individual evidence

  1. ↑ a b Brüder Mannesmann AG: Annual Report 2012. (pdf) Retrieved on April 18, 2014 .
  2. ^ Brüder Mannesmann AG: Annual Report 1998. (pdf; 2.8 MB) Retrieved on July 3, 2013 .
  3. ↑ Die Welt: Brüder Mannesmann AG quadruples sales with acquisitions. June 30, 1999, accessed April 18, 2014 .
  4. ^ A b Börsen Zeitung: Brüder Mannesmann AG. Retrieved July 3, 2013 .
  5. ^ A b Brüder Mannesmann AG: Share: Master data. Retrieved July 3, 2013 .
  6. ^ Brüder Mannesmann AG: Organization chart of the Brüder Mannesmann AG. Retrieved July 3, 2013 .

Coordinates: 51 ° 10 ′ 2.9 ″  N , 7 ° 12 ′ 28.6 ″  E