Acquisitions Strategy

In addition to our own product innovation, Phoenix Mecano has traditionally taken over companies in order to facilitate its entry into new sectors of the components market, primarily to accelerate the introduction of new products onto the market, but also in order to reinforce the local market.

Some of the bigger acquisitions in the history of Phoenix Mecano have been:

YearCompanyProducts
2020BEWATECDigital Hospital Communication
2019Mei Hui Machinery Co., Ltd (MyHome)Furniture fittings manufacturer
2016ISMETTransformers, chokes
2015Wijdeven50Hz and high-frequency transformers, coils and power supplies
2014RedurInstrument transformers for low-voltage applications and measurement transducers
2014PM Special Measuring SystemsHigh-precision measuring systems for electrical current
2011PlatthausAir-core transformers, filters and chokes for grid feed-in
2010Okin RefinedLinear drives for the furniture and care industry
2010LohseToroidal strip-wound and air-gap cores for use in toroidal transformers and chokes for inverters
2009OkinLinear drives for seating and bedding and office solutions
2008WIENERPower supply systems and radiation hard backplanes
2008DatatelTransformers and chokes for solar inverters
2007Leonhardy/MCTSwitches, plug connectors, backplanes
2002Hartmann ElectronicBackplanes
2000OMPRacks
1998Götz-Udo HartmannInductive components
1992DewertLinear drives for hospital and care industry
1991KundischKeyboards
1989PTRPlug connectors, terminal clamps
1987RK Rose+KriegerTerminal components, aluminium profiles, assembly systems, linear drives
1985Hartmann CodierCoding switches

Financing strategy

Phoenix Mecano finances its acquisitions and capital expenditure largely from its cash flow, without needing to raise new capital.

Purchases of tangible assets totalled EUR 25.7 million and purchases of intangible assets EUR 2.1 million in 2020. The largest single investment was the construction of a new industrial complex in , China, for which work began in 2020. The new plant is scheduled to come on stream in 2022.

Cash flow and investments

Cash flow and investments in EUR million

 2021 2020201920182017201620152014
Cash flow from operating activities54,8 27,843,637,937,148,739,038,8
Investments29,6 27,826,125,626,023,926,724,0

Investor Informations

For any further information please contact:

Investor Relations
Rochus Kobler, CEO

Phone +41-(0)43-255 4 255
info.dont-like-spam@ich-will-kein-spam.phoenix-mecano.com

Corporate Communications/Investor Relations
Philipp Eberhard
Phone +41-(0)43-255 4 255
communications.dont-like-spam@ich-will-kein-spam.phoenix-mecano.com

Phoenix Mecano Management AG
Lindenstrasse 23
8302 Kloten
Switzerland

Here you will find the Annual Reports and Semi Annual Reports of Phoenix Mecano

To the annual reports archive

This might interest you

Media

Find our press releases here and subscribe to them.

Read more

Share price

An interactive stock price chart allows queries on the development of the stock price.

Read more