August 30, 2016 11:10 AM ET

Machinery

Company Overview of Fives Société Anonyme

Company Overview

Fives, Société Anonyme, an industrial engineering company, designs and supplies machines, process equipment, and production lines for aluminum, steel, glass, automotive, aerospace, logistics, cement, energy, and sugar sectors worldwide. Its Automotive segment designs, manufactures, and installs equipment, machining systems, automated production systems, and fluid filling systems primarily for the automotive industry. The company’s Logistics segment designs automated sorting systems for logistics, express parcel, postal, and distribution companies. Its Metals segment develops equipment and integrated solutions for key manufacturing processes in the carbon, reduction, and casthouse sectors of ...

27/29 rue de Provence

Paris,  75009

France

Founded in 1812

7,844 Employees

Phone:

33 1 45 23 75 75

Fax:

33 1 45 23 75 71

Key Executives for Fives Société Anonyme

Chairman of the Executive Board
Age: 56
Group Chief Financial Officer and Member of the Executive Board
Age: 49
Head of the Operational Performance Department
Age: 46
Chief Executive Officer of Fives Bronx - United States
Chief Executive Officer of Fives Stein
Compensation as of Fiscal Year 2016.

Fives Société Anonyme Key Developments

Fives Société Anonyme Presents at 12th Annual BNP Paribas High Yield & Leveraged Finance Conference, Jan-14-2016 10:50 AM

Fives Société Anonyme Presents at 12th Annual BNP Paribas High Yield & Leveraged Finance Conference, Jan-14-2016 10:50 AM. Venue: Lancaster London Hotel, London, United Kingdom.

Michelin Group and Fives Group Join Forces and Create Fives Michelin Additive Solutions

Michelin and Fives announced the creation of a joint venture aimed at developing and marketing industrial machines and production Shops on a global scale via 'metal additive manufacturing' technology - commonly known as metal 3D printing. Under the terms of the agreement signed on September 4, 2015 in Clermont-Ferrand by Jean-Dominique SENARD, CEO of the Michelin Group, and Frederic Sanchez, Fives' Chairman of the Executive Board, FIVES MICHELIN ADDITIVE SOLUTIONS will be 50% owned by Fives and 50% by Michelin and will benefit from a financial contribution of at least EUR 25 million in the first three years. Initially, it will employ about twenty people from the Michelin and Fives teams and integrate additional expertise. The company will be located near Clermont-Ferrand. Through this joint venture, Michelin is able to leverage its expertise in innovative industrial processes. FIVES MICHELIN ADDITIVE SOLUTIONS will offer industrialists different areas of application (such as automotive, aerospace, health, etc.), a complete solution from the design and manufacture of machines and complete production lines to the related services (redesign of parts, definition of the manufacturing process, installation, production support, training, etc.). Fives and Michelin aspire to position FIVES MICHELIN ADDITIVE SOLUTIONS as a key player in the growth market of metal additive manufacturing. The aim is to build on the complementary expertise of the two groups to become a world leader in the segment of industrial solutions for mass production.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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