Mania technology
| Mania Technologie AG
|
|
|---|---|
 |
|
| legal form | Corporation |
| founding | 1972 |
| Seat | Weilrod , Germany |
| management |
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| Number of employees | about 900 |
| sales | 76.6 million euros |
| Branch | mechanical engineering |
The Mania Technologie AG was a listed company, the test equipment for printed circuit boards manufactured and claims to operational test centers worldwide. The seat of the company was in Weil Roder district Riedelbach in Hochtaunuskreis in Hesse .
Gardien and Ucamco have adopted Mania's core technology.
history
In 1972, Mania founder Paul Mang began manufacturing test equipment for printed circuit boards in a garage. These test devices check whether all connections on a circuit board are working properly. Over time, the company grew. In 1999 it was listed on the Frankfurt Stock Exchange. The share was also included in the Neuer Markt. In 2000, the market capitalization was at times well over one billion euros. After the Mania still posted record results in 2000, the market collapsed the following year and the group got into ever greater difficulties. Paul Mang had to sell his majority in the company. In 2005, several private equity firms took over the management of the company, which was saved at short notice. They tried to rehabilitate the Mania technology with the management that was partly newly installed in 2007.
On June 20, 2008 the Bad Homburg v. d. Insolvency proceedings opened for the amount of the assets of Mania Technologie AG and its German subsidiaries. Angelika Amend and Arno Wolf were appointed as insolvency administrators. The subsidiaries are to be saved by selling parts of the company.
Products
Mania manufactured several types of circuit board test equipment: electrical test equipment, optical test equipment (called AOI systems), and imaging plotters. In addition, with the drills, the company offers drilling machines for series processing and milling of circuit boards and with outsourcing centers worldwide where customers can have circuit boards tested on site.
Shareholder structure
The shareholder structure is made up as follows (as of December 2007):
- 33.3 percent Investcorp
- 25.3 percent SB Asia Investment Fund
- 13.4 percent Paul Mang
- 9.4 percent Cornerstone Capital
- 5.3 percent ESO Luxco
- 13.3 percent free float
management
The management consists of (as of December 2007):
- Jan Lipton, Chairman of the Board, CEO
- Andreas Schott, Chief Financial Officer
- Walter Nehls, VP Chief Technology Officer
- Stuart Hayton, VP Sales & Marketing
- Eric Fung, VP China