THE ECHO - Ferrostaal
THE ECHO - Ferrostaal
THE ECHO - Ferrostaal
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MAN AG<br />
MAN SELLS TAKRAF FÖRDERTECHNIK<br />
MAN AG is selling the MAN <strong>Ferrostaal</strong> subsidiary Takraf<br />
Fördertechnik GmbH. The buyer is VTC Industrieholding<br />
GmbH in Munich. Neither company has disclosed the sale<br />
price.<br />
In the fiscal year 2005, Takraf, based in Leipzig, traded<br />
profitably and registered a turnover of 122 million euros with<br />
a workforce of 485. The company manufactures equipment,<br />
systems and complete installations for open cast mining, porthandling<br />
and crane technology and bulk materials handling.<br />
The company has a sales and distribution network covering all<br />
five continents, and offers an end-to-end portfolio of services<br />
in its field, from development and engineering to manufacturing<br />
and assembly. The company is particularly renowned for its<br />
open cast mining products, and almost half of all bucket-wheel<br />
excavators in the world were produced by MAN Takraf.<br />
<strong>THE</strong> <strong>ECHO</strong> 1/2006 59<br />
The company became part of the MAN Group in 1994, when<br />
MAN consolidated its own materials handling activities with<br />
those of TAKRAF Lauchhammer GmbH.<br />
With the sale of Takraf, MAN <strong>Ferrostaal</strong> is continuing on its<br />
course of focussing on its core business. In 2004, the company<br />
disposed of none-core business to the value of 214 million<br />
euros and 1,400 employees. This year and next, the company<br />
plans to dispose of other non-core areas with a turnover value<br />
of 180 million euros and 800 employees.<br />
Daniel Reinhardt