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Last €38.23 EUR
Change Today -0.343 / -0.89%
Volume 265.2K
G1A On Other Exchanges
As of 12:46 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Peter-Müller-Strasse 12

Düsseldorf, 40468


Phone: 49 211 9136 0

Fax: 49 211 9136 31087

mg technologies ag, through its subsidiaries, engages in the mechanical and plant engineering business worldwide. It operates in three segments that include Customized Systems, Process Equipment, Process Engineering and Plant Engineering. Customized Systems The Customized Systems segment comprises the Refrigeration and Air Treatment strategic business units (SBUs). The operating units of the Customized Systems segment are engaged in manufacturing standardized components and customized systems whose technologies are almost based on the principle of heat exchange using air. This segment supplies products that provide commercial and industrial premises with heating, cooling, ventilation and filtering facilities. Its product range also encompasses refrigerants, as well as a number of specialist and distribution components and appliances that form part of the refrigeration cycle. These are used in the food, chemical and pharmaceutical industries and in the field of ship refrigeration. The management holding company in the Refrigeration strategic business unit is Grasso''s Koninklijke Machinefabrike N.V. in Netherlands. It is active in the field of industrial cooling, both of processes and products. The product range is based on two core components: reciprocating and screw compressors. Reciprocating compressors are used where there are severe fluctuations in capacity utilization - open-air ice rinks. The fields in which these are principally used are processing and storage, and also the transportation of food stuffs. The companies in the Air Treatment strategic business unit provide the atmospheric environment for all aspects of living. The product range comprises both centralized and decentralized appliances for the heating, cooling, and ventilation of commercial and industrial premises. These include central ventilation system for large buildings, terminals, comfort appliances, air heaters, cooling equipment and pertinent components, such as filters, the companies in this SBU also develop all the control systems for these processes themselves. This heating, ventilation and air-conditioning equipment is used in the workplace, air-conditioned hotels, public buildings, retail and commercial real estate, leisure facilities, such as Center Parcs, large function rooms and workshops. Clean-room systems are offered for the pharmaceutical and electronics industries and for hospitals. The company’s Air-filtering technology (separators, filters and even filtering plants) is used in areas, such as the automotive industry building engineering and in various aspects of processing engineering. Process Equipment The Process Equipment segment is represented by the mechanical separation, process equipment and dairy farm systems SBUs. The operating units of the Process Equipment segment mainly produce standardized components that are manufactured in large volumes for the process industry and other sectors. Some are designed to customers'' specifications so that they can be easily integrated into their processes, plant or equipment. Westfalia Seprator, the management holding company of the Mechanical Separation strategic business unit, produces decanters and separators. Process engineering components include compact, tubular and plate heat exchanges that optimize energy use, as well as equipment cooling systems, valves, pumps and homogenizers. This segment also manufactures and sells separators and decanters with a range of applications. It also specializes in technologies used for milking and feeding cows and for cooling milk. Process Engineering The Energy Technology and Process Engineering SBUs make up the Process Engineering segment. The operating units of the process engineering segment are engages in process plant engineering (large components), manufacturing core components. The Process Engineering SBU engages in the field of industrial drying and supplies plant and equipment centering on power technology, power processing and liquid processing. The Energy Technology SBU manufactures components used, among other things, for cooling in power generation and in the chemical and petrochemical industries. Plant Engineering The Plant Engineering segment reported here comprises the Lurgi, Lurgi Lentjex, Gas Cleaning and Zimmer SBUs, which are engaged in process engineering and plant engineering. This includes the development and realization of plant and equipment for the gas, mineral-oil, pharmaceutical and chemical industries. Whereas Lurgi specializes in synthesis-gas and methanol plants, as well as process for turning natural gas into petrochemicals, Zimmer focuses on process-drive plant engineering for polymers, synthetic fibers and thermoplastics. Lurgi Lentijes specializes in processes, technologies and components for the industrial use of energy from fossil fuels and regenerative power generation from biomass and waste products. It supplies plant and equipment for power generation and for flue-gas cleaning in power stations. The Gas Cleaning SBU, which used to belong to the Lurgi Lentijes segment, is engaged in the cleaning of industrial waste gases. Markets The company operates mainly in Germany, European Union (except Germany), Rest of Europe, North America, Central / South America, Asia, Australia, Middle East and Africa. History mg technologies ag was co-founded by Wilhelm Merton, Leo Ellinger, and Zacharias Hochschild as Metallgesellschaft AG in 1881 in Frankfurt am Main, Germany. It changed its name to mg technologies ag in 2000.


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