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May 28, 2015 4:22 AM ET

Machinery

Company Overview of MANN+HUMMEL GMBH

Company Overview

MANN+HUMMEL GMBH designs and manufactures filtration systems for industrial, automotive, and mechanical engineering sectors in Germany and internationally. Its products include cabin filters; fuel filter systems; crankcase ventilation components and systems, such as oil separators, pressure regulating valves, and heating pipes; air induction systems, including acoustic products, charge air ducts, air filtration products, and intake modules; oil filter systems; and water filtration systems for commercial and industrial applications. The company also offers EDM filters, coolant expansion tanks, air/oil separators, oil mist separators/aerosol separators, oil pans, and centrifuges. It markets an...

Hindenburgstrasse 45

Ludwigsburg,  71638

Germany

Founded in 1941

Phone:

49 7141 98 0

Fax:

49 7141 98 2545

Key Executives for MANN+HUMMEL GMBH

Chairman, Chief Executive Officer, President and Member of Management Board
Age: 56
Chief Financial Officer, Member of Management Board, Deputy Chief Executive Officer and Director
President of Automotive + Industrial Business, General Manager of Automotive + Industrial Business, Member of Management Board and Director
Compensation as of Fiscal Year 2014.

MANN+HUMMEL GMBH Key Developments

MANN+HUMMEL Group Announces Earnings Results for the Year 2014

MANN+HUMMEL group announced earnings results for the year 2014. The company reported sales of EUR 2.8 billion in 2014, an increase of EUR 120 million or 4.5% in nominal terms ­ on the previous year (2013: EUR 2.68 billion). When adjusted for exchange rate effects, the increase in sales amounts to 8.9%. The operating margin (EBIT) after extraordinary expenses was 5% (2013: 5.6%).

MANN+HUMMEL Opens New Facility in US

MANN+HUMMEL announced that the company has opened its new South Campus facility in Portage, Michigan state, United States. The facility, located 500 yards from its North Campus building in Portage, is spread over an area of 220,000 square feet. The factory will produce air-cleaner systems and battery frames and assemble intake manifolds and coolant reservoirs. The facility will also have a warehouse and distribution centre. MANN+HUMMEL expects to employ 200 people at the new facility by the end of this year, taking total employment at its two facilities in Portage to 500.

MANN+HUMMEL Group Reports Sales Results for the First Half of 2014; Provides Sales Guidance for the Year 2014

MANN+HUMMEL Group reported sales results for the first half of 2014. For the period, the company's sales increased by €74 million (5.6%) to €1.39 billion in the first half of 2014. When adjusted for exchange rate effects, the increase in sales amounts to 8.3%. For the year 2014, the company projects sales up slightly on previous year.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 6, 2015
MICRODYN-NADIR GmbH
 

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