Pfeiffer Vacuum

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Pfeiffer Vacuum Technology AG

logo
legal form Corporation
ISIN DE0006916604
founding 1890
Seat Asslar , GermanyGermanyGermany 
management
  • Eric Taberlet CEO
    Nathalie Benedikt
Number of employees 3,101
sales 659.7 million euros (2018)
Branch mechanical engineering
Website group.pfeiffer-vacuum.com
As of December 31, 2018

The Pfeiffer Vacuum Technology AG is a listed engineering group , the internationally especially in business development, manufacturing and sales of vacuum systems acts and components (vacuum pumps, gauges and analysis). The group is predominantly export-oriented (share around 70%) and has more than 20 subsidiaries worldwide; the majority of the capital has been held by the Busch Group since 2017 .

history

The company was founded in 1890 in Wetzlar by Arthur Pfeiffer. In 1908 he invented the oil air pump . By 1926 Pfeiffer had become the leading company in vacuum technology. In 1958 the turbomolecular pump (turbo pump ) was invented , its share of the group turnover today is over 40%, here the company is the world market leader. In 1969 the until then family-run company became part of the Liechtenstein Balzers Group . In 1974 the company moved from Wetzlar to neighboring Aßlar .

In 1991 Pfeiffer became independent again and was listed on the New York Stock Exchange in July 1996 . This made the company the first German medium-sized company to take this direct step. It was only two years later, in April 1998, that Pfeiffer Vacuum went public on the German stock exchange in Frankfurt am Main, in the Neuer Markt segment (today TecDAX ). On October 4, 2007, the listing on the NYSE was terminated due to the low trading volume on the NYSE with an average of 3.6% of the global trading volume.

In January 2010, “Pfeiffer Vacuum” took over the vacuum component manufacturer “Trinos Vacuum Systems” based in Göttingen . At the end of 2010, Pfeiffer Vacuum completed the acquisition of the vacuum technology division of the Alcatel-Lucent group “adixen”.

On September 30, 2015, it became known that the Busch Group , a family-run competitor, had acquired a good 15% of the shares in Pfeiffer Vacuum through an investment company. However, both companies emphasized that they wanted to maintain their independence. Nevertheless, by October 2015, Busch increased its share beyond the blocking minority to 27%. The stake was later expanded to almost 30%, and in January 2017 the first public takeover offer was made, which was rejected. In April 2017, Busch passed the 30% mark and submitted an improved offer, which Pfeiffer Vacuum also rejected. After the takeover period expired, Busch held over 35% of Pfeiffer shares (as of the end of June 2017). Busch SE has held the absolute majority of the shares with 50.02% since the beginning of November 2018.

Key figures

With 3,101 employees, sales of around EUR 659.7 million (EUR 587 million) were generated in the 2018 financial year (2017). The operating result ( EBIT ) was EUR 95.1 million (EUR 71.4 million).

Shareholder structure

The shares are largely in permanent possession. The Busch Group holds the majority in the company. Shares are distributed regionally as follows (status November 2018):

  • 67% Germany,
  • 21% rest of Europe,
  • 5% USA,
  • 4% Asia,
  • 3% rest of the world.

Web links

Individual evidence

  1. ↑ Group Management Board of Pfeiffer Vacuum Technology AG. Retrieved July 16, 2019 .
  2. ↑ a b c Annual Report 2018. (PDF) Pfeiffer Vacuum Technology AG, accessed on July 17, 2019 .
  3. ↑ Pfeiffer Vacuum has the key to success , Giessener Allgemeine, April 21, 2010.
  4. ↑ Quarterly financial report, 3rd quarter 2007  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. @1@ 2Template: Dead Link / www.pfeiffer-vacuum.com   , Pfeiffer Vacuum website.
  5. ↑ Pfeiffer Vacuum insists on independence after Busch's entry , www.finanzen.net, September 30, 2015.
  6. ↑ Busch buys further Pfeiffer shares  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. - Econo , October 19, 2015@1@ 2Template: Dead Link / www.econo.de  
  7. ↑ Busch holds over 35 percent of Pfeiffer shares. Retrieved December 13, 2018 .
  8. ↑ Busch SE takes over the majority. (PDF) Retrieved December 13, 2018 .
  9. ↑ Notification of voting rights. (PDF) Retrieved December 13, 2018 .
  10. ↑ Shareholder structure of Pfeiffer Vacuum Technology AG. Retrieved December 13, 2018 .

Coordinates: 50 ° 34 ′ 59.74 "  N , 8 ° 28 ′ 25.14"  E