Manz

Manz AG
Aktiengesellschaft
Traded as FWB: M5Z
Industry High-tech engineering
Founded 1987 (1987)
Headquarters Reutlingen, Germany
Key people
 Dieter Manz (Founder and CEO), Heiko Aurenz (Chairman of the supervisory board)
Products Integrated production lines for displays, thin film and solar cells, lithium-ion batteries, PCBs; paper and packaging processing equipment
Revenue €305.9 million (2014)[1]
€-32.8 million (2014)[1]
Profit €−38.2 million (2014)[1]
Total assets €253.6 million (end 2014)[1]
Total equity €140.0 million (end 2014)[1]
Number of employees
 1,909 (end 2014)[1]
Website www.manz.com

Manz AG (formerly Manz Automation) is a German multinational engineering company active in the fields of automation, laser processesing, vacuum coating, printing, metrology, wet chemistry and roll-to-roll processing. These technologies are applied in the three strategic business units "Electronics", "Solar" and "Energy Storage".[2]

Headquartered in Reutlingen, Baden-Württemberg, the company has additional production centres in Tübingen, Schwäbisch Hall and Karlstein am Main 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 has developed a significant presence in the solar photovoltaic industry. Its activities in this sector focus on the development and supply of integrated systems for the production of PERC solar cells from crystalline silicon wafers and for thin-film solar cells.[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 other 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] as well as the supply of systems for the production of lithium-ion batteries and fuel cells on an industrial scale.[10]

History

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.[11] 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.[12]

The company listed on the Frankfurt Stock Exchange in 2006, moving to its Prime Standard market segment in 2008.[13] The company was a constituent of the TecDAX index between September 2008 and March 2009,[14][15] and again between September 2009 and March 2011.[16][17] Manz AG shared back in the TecDAX as of March 24, 2014.[18]

In February 2016 Manz announced the acquisition of approx. 30% of the shares by Shanghai Electric company.[19]

Acquisitions and location expansion

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.[20]

See also

References

  1. 1 2 3 4 5 6 "Annual Report 2014". Manz AG. Retrieved 4 September 2015.
  2. ↑ "Profile". Manz. Retrieved 4 September 2015.
  3. ↑ "Worldwide Production". Manz. Retrieved 31 October 2012.
  4. ↑ "Worldwide Sales & Service". Manz. Retrieved 4 September 2015.
  5. 1 2 "PV production technology: CIGS to reach efficiency of polycrystalline silicon solar panels; solar power LCOE now between four and eight euro cents". Solarserver.com. Retrieved 31 October 2012.
  6. ↑ "Manz und Würth Solar beschließen Kooperation". Südwest Presse (in German). 20 July 2010. Retrieved 6 July 2011.
  7. ↑ "Manz acquires Würth Solar's CIGS thin-film operations". pv-tech.org. Retrieved 31 October 2012.
  8. ↑ http://www.manz.com/media/news/16-prozent-manz-erzielt-neuen-weltrekord-bei-wirkungsgrad-von-cigs-duennschicht-solarmodulen-615/
  9. 1 2 3 4 "History". Manz. Retrieved 6 July 2011.
  10. ↑ http://www.manz.com/investor-relations/publications/corporate-news/manz-ag-grossauftrag-ueber-12-millionen-euro-von-attraktivem-neukunden-untermauert-grosses-wachstums-673/
  11. ↑ "Business divisions". Manz. Retrieved 31 October 2012.
  12. ↑ "Change of Name: Manz Automation AG is now Manz AG". Manz. Retrieved 31 October 2012.
  13. ↑ Kuehnen, Eva (2 July 2008). "Manz Automation raises 112 mln euros new capital". Reuters. Retrieved 6 July 2011.
  14. ↑ "K+S Replaces TUI in DAX". Deutsche Börse. 4 September 2008. Retrieved 6 July 2011.
  15. ↑ "Fresenius Pref and Hannover Rückversicherung to be Included in DAX". Deutsche Börse. 4 March 2009. Retrieved 6 July 2011.
  16. ↑ "Infineon to be Included in DAX". Deutsche Börse. 3 September 2009. Retrieved 6 July 2011.
  17. ↑ "Changes in SDAX and TecDAX". Deutsche Börse. 3 March 2011. Retrieved 24 March 2011.
  18. ↑ "Manz AG returns to the TecDAX". DGAP. 6 March 2014. Retrieved 28 March 2014.
  19. ↑ Manz Jumps After Deal to Sell Holding to Shanghai Electric, BloombergBusiness, February 28, 2016
  20. ↑ Acquisition of KLEO, ZEISS Group, Manz Website 2015
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