SKW Stahl-Metallurgie Holding

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SKW Stahl-Metallurgie Holding GmbH

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legal form GmbH
Seat Munich , Germany
management Kay Michel, CEO
Number of employees 559 (December 31, 2014)
sales 228 million euros (2016)
Website www.skw-steel.com

The SKW Stahl-Metallurgie Holding GmbH is a manufacturer and distributor of specialty chemicals , focusing on products for desulfurization and refining of pig iron and steel . Before the company was converted into a GmbH, SKW Stahl-Metallurgie Holding AG was listed on the stock exchange.

The group is divided into the three business areas of production and sales of cored wire (for refining crude steel), powder and granules (sales and - via a joint venture - production of chemical additives for hot metal desulphurisation and secondary metallurgy ), and Quab (specialty chemicals, which are mainly used in starch production for paper manufacture).

The group is active in more than 40 countries. Locations are in Germany (headquarters in Unterneukirchen , Upper Bavaria ), France (Affival subsidiary), the USA (2), South Korea, Japan and India (2; a joint venture). Annual sales in 2006 amounted to 185.828 million euros, 47% of which were generated in Europe and 43% in the NAFTA region (North America).

On July 22, 2009, the European Commission announced that it had imposed a total fine of EUR 13.3 million on SKW Stahl-Metallurgie Holding AG as part of an antitrust investigation against various European companies in the calcium carbide sector. On September 27, 2017, the company announced that, following a resolution by the Executive Board, an application for insolvency due to overindebtedness would be filed and protective shield proceedings would be initiated. In a court-ordered general meeting on May 18, 2018, four members of the supervisory board, including the former Federal Minister Peter Ramsauer , were dismissed and not discharged . The insolvency proceedings were successfully completed in February 2019. In the course of the insolvency, the company's shares were delisted (former ISIN : DE000SKWM021) and all company shares were transferred to the investment company Speyside Equity. By resolution of the Annual General Meeting on March 12, 2019, SKW Stahl-Metallurgie Holding AG was converted into a limited liability company based in Munich.

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  1. a b Annual Report 2016 (PDF; 1.2 MB)
  2. European Commission imposes a fine on SKW Metallurgie
  3. SKW Stahl files for insolvency
  4. Shareholders against the Supervisory Board and Management Board: Not discharged and recalled
  5. SKW Holding's insolvency proceedings ended - company now financially healthy after operational restructuring
  6. SKW: Insolvency plan becomes legally binding - Munich Regional Court approves the company's application for release
  7. Entry in online-handelsregister.de