July 25, 2017 3:37 PM ET

Metals and Mining

Company Overview of Franz Haniel & Cie. GMBH

Company Overview

Franz Haniel & Cie. GMBH operates as an investment holding company in Germany, the Americas, Asia, other European countries, and internationally. It operates through four divisions: ELG, BekaertDeslee, CWS-boco, and TAKKT. The ELG division processes, trades in, and recycles raw materials for the stainless steel industry, as well as materials, such as super alloys, titanium, and carbon fibers. The BekaertDeslee division develops and manufactures woven and knitted mattress textiles. The CWS-boco division offers washroom hygiene products, dust control mats, workwear, and textile services. The TAKKT division provides business-to-business marketing specialist services for business equipment. The ...

Franz-Haniel-Platz 1

Ruhrort

Duisburg,  47119

Germany

Founded in 1756

13,882 Employees

Phone:

49 203 806 0

Fax:

49 203 806 496

Key Executives for Franz Haniel & Cie. GMBH

Chairman of Managing Board and Chief Human Resources Officer
Age: 57
Chief Financial Officer and Member of Managing Board
Age: 46
Managing Director and Member of Supervisory Board
Head of The Haniel Museum
Head of Executive Development & The Haniel Academy
Compensation as of Fiscal Year 2017.

Franz Haniel & Cie. GMBH Key Developments

Rentokil Initial plc and Franz Haniel & Cie. Gmbh Enter into an Agreement to Form Joint Venture

Rentokil Initial plc and Franz Haniel & Cie. GmbH announced that they had entered into an agreement to form a joint venture, creating a leading provider of Workwear and Hygiene services in Europe, and that completion of the transaction would be conditional on receipt of competition clearance from the European Commission. The European Commission has cleared the formation of the joint venture under the EC Merger Regulation unconditionally. There are no further conditions to completion of the transaction. Having also now completed all necessary employee information and consultation procedures, including receiving 'positive advice' from the Netherlands Works Council, the transaction is expected to complete on or around 30 June 2017.

Haniel Group Reports Earnings Results for the Full Year of 2016; Provides Earnings Guidance for the Full Year of 2017

Haniel Group reported earnings results for the full year of 2016. For the period, the company announced the revenue of EUR 3,620 million compared to EUR 3,695 million a year ago. Operating profit was EUR 229 million compared to EUR 193 million a year ago. Profit after taxes was EUR 144 million compared to EUR 120 million a year ago. On an aggregate basis, the company’s Management Board believes that the Group will see a slight increase in revenue adjusted for acquisitions and currency translation effects in the 2017 financial year.

Franz Haniel & Cie. GMBH, 2016 Earnings Call, Apr 10, 2017

Franz Haniel & Cie. GMBH, 2016 Earnings Call, Apr 10, 2017

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Recent Private Companies Transactions

Type
Date
Target
Fund Raising
May 1, 2017
High Tech Grunder Fonds III
 

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