Feintool
| Feintool International Holding AG
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | CH0009320091 |
| founding | 1959 |
| Seat |
Lyss BE Switzerland
|
| management | Knut Zimmer (CEO) Alexander von Witzleben ( Chairman of the Board of Directors ) |
| Number of employees | 2,697 (end of December 2018) |
| sales | 680 million CHF (2018) |
| Branch | technology |
| Website | www.feintool.com |
The Feintool International Holding AG , based in Lyss BE is an international Swiss technology group with a focus on precision cutting - and forming technology .
The company develops and produces tools , presses , plants and systems as well as high-precision, customer-specific parts and components . The latter include fine-cut and formed parts and components in the fine-blanking process. The components manufactured by Feintool are used in a number of areas, for example in vehicles of all kinds, in leisure and household appliances, in optical and medical devices, and in electrical, electronic and communications equipment and systems. Feintool also produces and sells complex automation systems as well as handling and feeding components for a wide variety of industries under the brand name IMA. The focus of the Feintool Group, however, is on the fineblanking area for the automotive industry, its main market. Feintool International Holding AG is listed on the Swiss stock exchange since 1998 Exchange SIX Swiss listed .
history
The company was founded in 1959 in Biberist by Fritz F. Bösch and specialized in the manufacture of fine blanking presses with Feintool fine blanking units. After Feintool exported its products back in the 1960s, the company built up a direct international market presence in the 1970s by establishing subsidiaries in the USA, Japan, Great Britain, France and Germany.
In the beginning, the fineblanking process was mainly used to manufacture parts for the office and textile industries. With the advent of the computer and the associated decline of the classic office machine industry, Feintool shifted its focus to the automotive industry. Fineblanking requires large quantities of parts to be lucrative, and these were mostly found in the automotive sector. In addition to presses and systems, Feintool also increasingly manufactured fineblanked parts itself.
The international expansion was particularly at the end of the 1990s with further acquisitions u. a. continued in the automation area. Today Feintool is the market and technology leader in the field of fineblanking and a global supplier for almost all automobile manufacturers and many large automobile suppliers. Between 30 and 100 Feintool parts are installed in almost every automobile - from numerous transmission components to brake pad carriers and seat adjustment mechanisms to airbag components.
On January 17, 2011, it was announced that Artemis Beteiligungen III AG, which is controlled by Franke Artemis Holding and Michael Pieper, would submit a takeover offer for Feintool. Michael Pieper is the owner of the Franke Group and also has additional shares in various Swiss industrial companies. The purchase offer was launched on January 31, 2011 and amounted to CHF 350.00 per share. At the time of the takeover offer, Artemis already owned 33% of the share capital. Company founder and major shareholder Fritz Bösch had meanwhile announced that he considered the offer too low and was considering an offer of his own, possibly in cooperation with third parties. However, this did not materialize, whereupon Bösch tendered his entire share package (30%) to Artemis in the grace period up to April 4, 2011. Thereupon his daughter Monika Löffel-Bösch, to date Vice-Chairman of the Board of Directors, announced her resignation from the board on April 7, 2011.
With the completion of the takeover through the approval of all relevant antitrust authorities, Artemis Beteiligungen III AG will be the majority shareholder of Feintool International Holding AG with an 81.2% stake as of May 31, 2011.
In 2012, the company took over the German Herzing + Schroth Group with locations in Obertshausen near Frankfurt / Main and in Ohrdruf, Thuringia . In 2015, Feinschneidtechnik Gabler Oelsnitz was taken over and the location in Oelsnitz / Erzgeb. modernized and expanded. In 2017, Feintool took over another forming plant, the Metal Forming Technology Center Co. Ltd. of the German Schuler Group in Tianjin (China). It is a leader in the technologies of the non-cutting reshaping / cold forming , thus covering the European market. The know-how gained complements Feintool's activities in non-cutting forming in North America and China. Like fineblanking, these forming processes are particularly popular for the manufacture of complex components for engines and transmissions in cars and have further strengthened Feintool's position as a system supplier to the automotive industry.