DMG Mori Seiki AG

DMG Mori Seiki AG
Aktiengesellschaft
Traded as FWB: GIL
Industry Manufacturing
Founded 1 October 1870
Headquarters Bielefeld, Germany
Key people
Rüdiger Kapitza (CEO and chairman of the executive board), Hans Henning Offen (Chairman of the supervisory board)
Products Machine tools
Revenue €1.377 billion (2010)[1]
€45.0 million (2010)[1]
Profit €4.2 million (2010)[1]
Total assets €1.358 billion (end 2010)[1]
Total equity €412.9 million (end 2010)[1]
Number of employees
5,445 (end 2010)[1]
Website www.dmgmoriseiki.com

DMG Mori Seiki AG (formerly Gildemeister AG) is a German mechanical engineering company and machine tool builder headquartered in Bielefeld, Germany.[2] It is a leading manufacturer of machine tools and their controls (such as computer numerical control). Products include lathes, milling machines, machining centers, and mill-turns. With its sister company in Japan, DMG Mori Seiki Company Limited, it markets machine tools worldwide under the brand DMG Mori.

The company's 12 factories in Europe and Asia reflect the acquisitions of earlier companies over the years. Its lathes are produced in the former Gildemeister, Graziano, Gital and Famot factories, its milling machines are from the former Deckel, Maho, and Deckel Maho factories, and the ultrasonic and laser machines are from the former Sauer factory. Its products are used to machine automotive parts, mobile phone casings, plane engine parts, artificial hip joints, and laser micro cavities, etc. As of 2008, the group had nearly 6,000 employees in 70 self-operated national and international sales and service locations in 34 countries.

The DMG group was formed during the 1980s through 2000s, when several German machine tool builders merged. Deckel (known for its milling machines) and Maho (known for its milling machines) formed Deckel-Maho, and then Gildemeister (known for its lathes and screw machines) acquired them, forming the Deckel-Maho-Gildemeister (DMG) brand. In about 2009, Guildemeister AG (dba DMG) entered into a strategic partnership with Mori Seiki of Japan, yielding the current two DMG Mori Seiki organizations of Germany and Japan.

From October 1, 2013, the company renamed from Gildemeister AG to DMG Mori Seiki AG.[3]

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 "Annual Report 2010". Gildemeister. Retrieved 5 May 2010.
  2. "Group". Retrieved 2009-01-20.
  3. Press release of September 30, 2013

External links

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