Metall Zug
The Metall Zug Group is a Swiss industrial holding company headquartered in Zug, Switzerland[1] which was founded in 1887.[3] Shares of the company are traded on the SIX Swiss Exchange.
Type | Public |
---|---|
SIX: METN | |
ISIN | CH0039821084 |
Founded | 1887 |
Headquarters | Zug, Switzerland |
Key people | |
Revenue | 1.2B CHF[2] |
Number of employees | 5,163[3] |
Website | www.metallzug.ch/en/ |
The company has 6 business units:
- Household Appliances
- Infection Control
- Life Sciences Solutions
- Medical Devices
- Wire Processing (Schleuniger)
- Technology Cluster & Infrastructure
History
Metall Zug was founded in 1887 as a metal goods factory.[4] The company specialized in home appliances, releasing the ZUG washing machine in 1915, the first unimatic automatic washing machine in 1950, and tumble dryer in 1959.[4]
In 1993, Metall Zug acquired Belimed,[4] which specializes in products for sterilization.[5] Other competitors in the sterilization field include 3M, Cantel Medical Corporation, and Steris.
On February 28, 2018, Metall Zug acquired control of Köniz, Switzerland-based Haag Streit Holding AG.[6] Haag Streit comprised more than 20 companies with about 900 employees and develops products for the ophthalmology (diagnostics, surgical microscopy), pulmonology, and optics fields;[7] the company was acquired to form Metall Zug's medical devices division.[6]
External links
References
- "Metall Zug AG". SIX Swiss Exchange. Retrieved January 11, 2020.
- Metall Zug Gruppe Geschäftsbericht 2018, abgerufen am 8. Mai 2019.
- "Metall Zug AG (METN.SW)". Yahoo! Finance. Retrieved January 11, 2020.
- "History". Metall Zug. Retrieved January 12, 2020.
- "About Belimed". Belimed.com. Retrieved January 12, 2020.
- "Metall Zug Group consummates acquisition of Haag-Streit Holding AG". MarketScreener.com. March 1, 2018. Archived from the original on March 24, 2019. Retrieved January 11, 2020.
- "Walder Wyss advises Metall Zug in majority holding purchase of Haag-Streit". TheLawyer.com. December 22, 2017. Archived from the original on January 11, 2020. Retrieved January 11, 2020.