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Manz

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For people with Manz as their last name, see Manz (surname).
Manz AG
Company typeAktiengesellschaft
FWB: M5Z
IndustryHigh-tech engineering
Founded1987 (1987)
HeadquartersReutlingen, Germany
Key people
Dr. Ulrich Brahms (CEO), Heiko Aurenz (Chairman of the supervisory board), Dieter Manz (Founder and member of the supervisory board)
ProductsIntegrated production lines for displays, touch panels, PCBs, lithium-ion batteries
Revenue€249 million (2023)[1]
€2.9 million (2023)[1]
€−2.4 million (2023)[1]
Total assets€278.6 million (end 2023)[1]
Total equity€99.7 million (end 2023)[1]
Number of employees
1,435 (end 2023)[1]
Websitewww.manz.com

Manz AG (formerly Manz Automation) is a German multinational engineering company active in the fields of automation, laser processesing, metrology, wet chemistry and roll-to-roll processing. Manz AG bundles its activities into two reporting segments: Mobility & Battery Solutions and Industry Solutions. The focus in the Mobility & Battery Solutions segment is on intelligent production solutions for highly efficient lithium-ion batteries. The Industry Solutions reporting segment is responsible for assembly and production solutions for electronic components and devices, power and consumer electronics, and components for the electric powertrain.[2]

Headquartered in Reutlingen, Baden-Württemberg, the company has additional production centres in Tübingen as well as international manufacturing sites in Hungary, Italy, Slovakia, China and Taiwan.[3] There are additional sales and service branches in the United States, South Korea and India.[4]

Manz had developed a significant presence in the solar photovoltaic industry. Its activities in this sector focused on the development and supply of integrated systems for the production of CIGS thin-film solar modules.[5] In 2010 the company established a partnership with Würth Solar (part of the Würth industrial group) for the exclusive licensing of its CIGS solar cell production technology.[6] After the acquisition of the CIGS modules innovation line of Würth Solar in January 2012, technology licenses were also transferred to the company on an unrestricted basis.[7] In September 2012, Manz presented a CIGS solar module, which was produced on a mass production line and has a 14.6 percent efficiency on total module area and 15.9 percent on aperture area (one in the industry unequaled efficiency).[5] In April 2015, Manz surpassed these numbers again and presented an impressive new efficiency world record for CIGS thin-film solar modules on mass production line with a module efficiency of 16 percent.[8]

The major business areas of Manz are the supply of systems for the production of flat panel displays and touch panels, a market it first entered in 1994,[9] Printed Circuit Boards,[10] electronic devices, such as smartphones, tablet computers and laptops [11] as well as the supply of systems for the production of lithium-ion batteries on an industrial scale for e.g. e-mobility.[12]

History

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The company was founded by Dieter Manz as the GmbH Manz Automatisierungstechnik in 1987.[9] It initially focused on industrial automation and robotics, and today continues to supply automated systems as part of a broader range of products.[13] In October 2001 Manz Automatisierungstechnik merged with ACS GmbH, another firm founded by Dieter Manz, forming Manz Automation AG.
As Manz has grown from an automation specialist into a supplier of integrated production lines, the company changed its name from Manz Automation AG to Manz AG in June 2011.[14]

The company listed on the Frankfurt Stock Exchange in 2006, moving to its Prime Standard market segment in 2008.[15] The company was a constituent of the TecDAX index between September 2008 and March 2009,[16][17] and again between September 2009 and March 2011.[18][19] Manz AG shared back in the TecDAX as of March 24, 2014.[20]

In May 2016 Shanghai Electric company took over 19.67% of Manz shares.[21]

In May 2022 Daimler Truck AG acquired a stake in Manz as part of a strategic partnership. [22]

Acquisitions and location expansion

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On 1 January 2008, with the acquisition of the company Christian Majer in Tübingen, Germany (machines for packaging and film processing), the basis for entry into the lithium-ion battery market in 2009 was set. Also in 2008, Manz Slovakia was founded and Intech Machines (Taiwanese market leader for wet chemical processes in manufacturing displays) was absorbed. Manz also established a vacuum coating technology development centre (Manz Coating GmbH in Karlstein, Germany) in 2010.[9] In 2012 the establishment of Manz CIGS Technology GmbH in Schwäbisch Hall, Germany and the opening of a new manufacturing facility in Suzhou (China) took place.[9] With the acquisition of the mechanical engineering division of Kemet Electronics Italy (formerly Arcotronics) in 2014, Manz enlarged its technology portfolio in the battery division and founded Manz Italy. In 2015 Manz acquired KLEO, a specialist for laser direct imaging (LDI), from the ZEISS Group.[23]

See also

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References

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  1. ^ a b c d e f "Annual Report 2023". Manz AG. Retrieved September 2, 2024.
  2. ^ "Profile". Manz. Retrieved 13 April 2023.
  3. ^ "Worldwide Production". Manz. Archived from the original on 20 January 2019. Retrieved 6 April 2018.
  4. ^ "Worldwide Sales & Service". Manz. Archived from the original on 21 January 2019. Retrieved 4 September 2015.
  5. ^ a b "Using CIGSfab, Manz offers a fully integrated, turnkey production line for manufacturing CIGS thin-film solar modules". Solarserver.com. Archived from the original on 21 January 2019. Retrieved 31 October 2012.
  6. ^ "Manz und Würth Solar beschließen Kooperation". Südwest Presse (in German). 20 July 2010. Archived from the original on 7 October 2011. Retrieved 6 July 2011.
  7. ^ "Manz acquires Würth Solar's CIGS thin-film operations". pv-tech.org. 15 November 2011. Retrieved 31 October 2012.
  8. ^ "Media & PR - PR-News - 16 percent: Manz achieves new world record for efficiency of CIGS thin-film solar modules | Manz AG". Archived from the original on 2016-03-04. Retrieved 2015-09-04.
  9. ^ a b c d "History". Manz. Archived from the original on 21 January 2019. Retrieved 6 July 2011.
  10. ^ "production equipment for electronic components". Archived from the original on 2019-01-21.
  11. ^ "production equipment for electronic devices". Archived from the original on 2019-01-21.
  12. ^ "Investor Relations - Publications - Corporate News - Manz AG: Major 12-million-euro order from an attractive new customer confirms the great growth potential in the e-mobility sector | Manz AG". Archived from the original on 2017-03-23. Retrieved 2015-09-04.
  13. ^ "Business divisions". Manz. Archived from the original on 24 July 2012. Retrieved 31 October 2012.
  14. ^ "Change of Name: Manz Automation AG is now Manz AG". Manz. Archived from the original on 11 May 2017. Retrieved 31 October 2012.
  15. ^ Kuehnen, Eva (2 July 2008). "Manz Automation raises 112 mln euros new capital". Reuters. Archived from the original on March 6, 2016. Retrieved 6 July 2011.
  16. ^ "K+S Replaces TUI in DAX". Deutsche Börse. 4 September 2008. Archived from the original on 24 April 2011. Retrieved 6 July 2011.
  17. ^ "Fresenius Pref and Hannover Rückversicherung to be Included in DAX". Deutsche Börse. 4 March 2009. Archived from the original on 24 April 2011. Retrieved 6 July 2011.
  18. ^ "Infineon to be Included in DAX". Deutsche Börse. 3 September 2009. Archived from the original on 30 December 2010. Retrieved 6 July 2011.
  19. ^ "Changes in SDAX and TecDAX". Deutsche Börse. 3 March 2011. Archived from the original on 14 August 2011. Retrieved 24 March 2011.
  20. ^ "Manz AG returns to the TecDAX". DGAP. 6 March 2014. Retrieved 28 March 2014.
  21. ^ http://www.dgap.de/dgap/News/adhoc/manz-successful-completion-the-capital-increase-with-subscription-rights/?newsID=941647, DGAP, May 20, 2016
  22. ^ https://www.manz.com/en/company/news/manz-ag-daimler-truck-acquires-a-stake-in-manz-as-part-of-a-strategic-partnership/, Manz AG, May 23, 2022
  23. ^ Acquisition of KLEO, ZEISS Group, Manz Website 2015
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