FRIWO AG

from Wikipedia, the free encyclopedia
FRIWO Aktiengesellschaft

logo
legal form Corporation
ISIN DE0006201106
founding 2009
Seat Ostbevern , GermanyGermanyGermany 
management Rolf Schwirz, Ulrich Lammers
Number of employees 1,887
sales € 120.5 million (2018)
Branch Electrical engineering
Website www.friwo-ag.de
As of December 31, 2018

The FRIWO AG (formerly CEAG AG ) is the parent company of FRIWO Gerätebau GmbH and manufacturer of network and chargers and LED drivers, battery packs and electric drive solutions.

Companies

The AG is based in Ostbevern . With its products, the group of companies covers the areas of household appliances, mobile tools, IT and communication, industrial automation and mechanical engineering, as well as measuring, weighing, building, lighting and medical technology. As the holding company for the operational FRIWO units, FRIWO AG directly holds 100% of the shares in FRIWO Gerätebau GmbH and is represented by companies and branches abroad. In 2013 sales amounted to EUR 113.9 million. The main shareholder of FRIWO AG is a subsidiary of VTC Industrieholding GmbH & Co. KG, Munich. The AG has been listed on the stock exchange since 1977 and has been listed in the General Standard since April 2006 .

history

The corporate history of FRIWO AG (previously CEAG AG) in its current form has its actual origins in Industrieanlagen und Leichtbau GmbH in Düren, which was founded in 1967. After the name was changed and the location changed, it became CEAG Industrieaktien und Anlagen AG in 1977 with a new headquarters in Frankfurt. The company name CEAG goes back to CEAG Dominit AG, which was founded on June 27, 1906 as Concordia Elektrizitäts-Aktiengesellschaft in Dortmund. Conceived as a pure financial holding company, CEAG's path into the external power supply business began with the takeover of Friemann & Wolf Duisburg (FRIWO) in 1971. In 1996 the name "Friemann & Wolf" was changed to "FRIWO". CEAG AG, which has been based in Ostbevern / Westphalia since 2008, changed its name to FRIWO AG in 2009.

Individual evidence

  1. ↑ a b Annual Report 2018 (PDF) Friwo, accessed on March 19, 2020 .
  2. ^ Gereon Kruse: The almost uncanny rise in the price of the Friwo share. In: Boersengefluester. April 26, 2013, accessed May 3, 2019 .
  3. ↑ History - FRIWO AG. Retrieved May 3, 2019 .