MS Industrie AG (MSAG.DE) XETRA

1.31

+0.01(+0.77%)

Updated at December 04 10:20PM

Currency In EUR

MS Industrie AG

Address

Brienner Strasse 7

Munich, 80333

Germany

Phone

49 89 20 500 900

Sector

Consumer Cyclical

Industry

Auto - Parts

Employees

406

First IPO Date

November 01, 2001

Key Executives

NameTitlePayYear Born
Dr. Andreas von Aufschnaiter Ph.D.Co-Founder, Chairman of Management Board and Director of Finances, IR & Structures449,0001962
Mr. Armin DistelMember of Management Board and Director of Sales & Technology509,0001965

Description

MS Industrie AG primarily operates in the powertrain and ultrasonic technology businesses in Germany and internationally. The company operates through, Powertrain Technology and Ultrasonic Technology, and Services & Others segments. It designs, develops, and manufactures automotive components and systems for engines; and manufactures D motors, as well as offers die-cast aluminum services for the automotive industry. The company also offers special machines for processing plastic parts, such as bumpers, door panels, and instrument panels, as well as engine and load compartment covers for the automotive industry; medical technology or for the manufacture of consumer goods; servo presses for welding, sealing, cutting, separating welding, and punching; and systems and components for generators and converters, amplitude transformers, sonotrodes, and feed and manual ultrasonic welding units. In addition, it provides corporate finance, controlling and reporting, risk management, corporate governance, and transaction advisory services, as well as acquires, manages, and leases properties. It serves customers in the commercial vehicle and passenger car, packaging machine, and general mechanical and plant engineering industries. The company was formerly known as GCI Industrie AG and changed its name to MS Industrie AG in July 2012. MS Industrie AG was founded in 1991 and is headquartered in Munich, Germany.