Stromag AG - Ownership and Business Overview

Energy Services And EquipmentCompany

Stromag AG Ownership

Who owns Stromag AG?

Stromag AG is owned by GKN. It was acquired on September 5, 2011.

Was Stromag AG formerly PE-backed?

Yes. Stromag AG was formerly owned by 1 private investor.

Stromag AG Business Overview

Where is Stromag AG headquartered?

Stromag AG is headquartered in Unna, Germany.

How many employees does Stromag AG have?

Stromag AG has 850 employees.

What sector is Stromag AG in?

Stromag AG is an energy services and equipment company.

When was Stromag AG founded?

Stromag AG was founded in 1932.

Energy Services And Equipment M&A Summary in 2011

Out of 60 sectors in the Mergr database, energy services and equipment ranked 15 in number of deals in 2011. The largest energy services and equipment acquisition in 2011 was Pride International - which was acquired by Valaris for $7.3B.

Join Mergr to view all 151 acquisitions of energy services and equipment companies in 2011, including 47 acquisitions by private equity firms, and 104 by strategics.

Stromag AG

Hansastraße 120,
Unna, 59425
Germany,
+49 2303 102-0
www.stromag.com

Stromag AG is a provider of a mechanical drive systems for industrial clutches, brakes and limit switches. Stromag engineers develop customized solutions for the drive train. Primary markets include wind turbines, cranes, heavy equipment and agricultural road construction equipment.


Company Summary

SECTOR

Energy Services and Equipment

Revenue

111   2010
(millions of EUR)

Employees

850

Established

1932

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Energy Services and Equipment Companies , Germany Companies

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