Georg Fischer AG
Company Profile
Business Overview
-Founded in 1802, the Switzerland-based Company provides pipe systems for the transport of liquids and gases, lightweight casting components, and precision manufacturing technologies for various markets including the automotive market.
-The Company operates its business through four divisions. In April 2024, the Company renamed the GF Uponor division to GF Building Flow Solutions. As such, the Company’s four operating divisions are as follows: GF Casting Solutions, GF Piping Systems, GF Building Flow Solutions, and GF Machining Solutions. Among the four divisions, GF Casting Solutions division is related to the automotive industry.
-The GF Casting Solutions division is a leading solution provider of lightweight components for the automotive and aerospace industries. Products that the division provides for the automotive industry utilize materials such as aluminum, magnesium, iron or superalloys.
-The GF Casting Solutions division’s sales in the fiscal year ended December 31, 2023, accounted for 22.6% of the Company's total sales. Approximately 76% of the GF Casting Solutions division’s sales were for automotive applications.
Shareholders
-The Company is listed on the SIX Swiss Exchange, Switzerland’s principal stock exchange.
Products
Light vehicles
Body/Structure
-Shock towers
-Shock tower supports
-Rear door frames
-Upper door frames
-Tank caps
-Tank frames
-Front end carriers
-Rear center consoles
-Front center consoles
-Instrument panel beams
-Hinge supports
-Door frames
-Cross car beams
-Front torque boxes
-Rear torque boxes
-Rear side members
-Safety belt spools
-Seat frames
-Convertible roof tops
-Passenger-side finishers
-Driver-side finishers
-Center stacks
-Left-hand and right-hand endcaps
-Center consoles
E-mobility
-High-voltage connectors
-Battery housings
-E-Axle housings
-E-Axle covers
-E-Engine housings
Powertrain
-Gearbox housings
-Engine blocks
-Rear-axle housings
-Intermediate housings
-Oilpan covers
-Crankshafts
-Differential housings
-Bedplates
-Drive-end shields
-Converter housings
-Transmission housings
-Turbocharger housings
-Exhaust manifolds
Chassis
-Wheel Carrier
-Control Arm
-Steering Knuckle
-Transmission Bracket
Commercial vehicles
Frame
-Brake calipers
-Assembly brackets
-Step brackets
-Rod brackets
-Cross beams
-Air bellow yokes
-Bogie B Ride
-Cradle T
-Bionic wheel hubs
Powertrain
-Transmission housings
History
1802 | Johann Conrad Fischer founded the first iron foundry in Schaffhausen, Switzerland. |
1948 | Under the management of Georg Fischer, the son of J.C.Fischer, it had become one of the European leaders in industrial steel casting. |
Jan. 1991 | The Company was restructured into a holding company with entrepreneurial and legal independence in principal industrial activities, and Georg Fischer Ltd. was established. |
1999 | Acquired Mossner Group, light-alloy manufacturer in Germany. |
Nov. 2001 | Commissioned a new production line for cast iron parts at its Singen plant in Germany. |
Oct. 2005 | Announced that its new light metal foundry in Suzhou was officially inaugurated. |
Dec. 2006 | Acquired the entire capital of E.D.C. Inc., Montreal. |
Jan. 2014 | Divested the gravity die-casting operations in Herzogenburg (Austria). |
Jul. 2014 | Acquired 51% of the capital of Meco Eckel GmbH in Germany. |
Aug. 2016 | Jointly acquired Langfang Shuchang Auto-parts Co., Ltd. together with Lingyun Industrial Co., Ltd. for CNY 109.16 million. The Company and Lingyun Industrial each own a 50% stake. |
Nov. 2017 | Acquired Eucasting Ro SRL, a high-pressure aluminum die casting specialist in Romania. |
Apr. 2018 | Acquired Precicast Industrial Holding SA (Switzerland), a precision castings specialist in Switzerland. |
2018 | The two iron casting plants in Singen and Mettmann (Germany) have been acquired by Fondium B.V. & Co. KG, Mettmann. |
2019 | Divested its iron foundry in Herzogenburg (Austria) to MRB FerCon GmbH. |
2022 | New plant in Shenyang (China). |
2022 | Acquired the business premises of the former Greiner Assistec in St. Gallen (Austria). |
2022 | Sold its 50% stake in GF Linamar LLC, Mills River (US), to Linamar Corp., Guelph (Ontario, Canada). |
Supplemental Information 1
>>>Business Report up until FY ended Dec. 31, 2010
>>>Business Report up until FY ended Dec. 31, 2014
>>>Business Report up until FY ended Dec. 31, 2015
>>>Business Report up until FY ended Dec. 31, 2018
>>>Business Report up until FY ended Dec. 31, 2019
>>>Business Report up until FY ended Dec. 31, 2021
>>>Business Report up until FY ended Dec. 31, 2022
Note: A figure in brackets ( ) indicates a loss