Company News, 2006-03-03, 02:01 PM
Polysius acquired Zurich-based Maerz Ofenbau
Polysius, a subsidiary of ThyssenKrupp Technologies, acquired Maerz Ofenbau AG, Zurich, Switzerland.
Founded in 1950, Maerz Ofenbau is a foremost manufacturer of shaft-type lime kilns of which it has so far built over 450. A workforce of 43 generated sales of EUR28 million in 2005.
Since 2001, Polysius has pursued a strategy of developing and marketing lime production technologies. "The acquisition of Maerz Ofenbau is for our subsidiary Polysius an ideal strategic addition to its portfolio, enabling Polysius to act as a systems supplier and full-liner in the lime production market for which it offers a complete product range," states Dr. Olaf Berlien, CEO of ThyssenKrupp Technologies.
Within the Polysius Group, Maerz Ofenbau will in future constitute the worldwide Lime Competence Center.