BÖHLER-UDDEHOLM at a Glance
Leading international specialty steel and materials company with a focus on four divisions:
Production sites in Austria, Germany, Sweden, Brazil, Belgium, Turkey,China, USA and Mexico and heat treatment operations worldwide.
Products and services sold in roughly 100 countries on all continents, wholly owned sales subsidiaries in nearly 50 markets.
Worldwide market leader in tool steel (High Performance Metals Division), bimetallic strips, cutting and creasing rules, rule die steel (Precision Strip Division), and blades for gas and steam turbines (Special Forgings Division); worldwide number 2 in highspeed steel (High Performance Metals Division) and worldwide number 4 in welding materials (Welding Consumables Division).
More than 100,000 customers throughout the world; key customers include the automotive and automotive supplier industries, tool and machinery manufacturers, aircraft manufacturers, consumer goods and electronics industries, wood and saw industries, textile and paper industries, steel and apparatus construction, power generation, oilfield technology and plant construction.
Primary sales markets: Europe, America and Asia. The Group is one of few European steel manufacturers with a presence in Asian markets, where it has been active for more than 60 years. The Group’s largest single market is Germany followed by the USA and Brazil.
The most important product is tool steel (High Performance Metals Division), which includes cold work steel, hot work steel and plastics moulding steel.
The Group is a classic niche supplier: the worldwide use of tool steel equals roughly 0.1% of total annual steel demand of roughly 1,2 billion tons.
Tool steel is not a mass product; important are quality features such as high wear and corrosion resistance, toughness, dimensional stability during heat treatment as well as excellent machinability and polishing qualities
The key business driver for tool steel is the introduction of new models (autos, electronic equipment, household appliances, etc.). These model changeovers require new moulds and tools which, in turn, are made of tool steel.
The BÖHLER-UDDEHOLM share was first listed on the Vienna Stock Exchange on 10 April 1995 in the key ATX Prime segment. On 8 June 2006, a 1:4 share split was carried out.
BÖHLER-UDDEHOLM AG has been a fully privatized company since November 2003. A capital increase in June 2005 increased the free float to 79.05% of share capital. In 2007, BU Industrieholding GmbH sold its 20.95% stake in BÖHLER-UDDEHOLM to voestalpine AG. Subsequently voestalpine launched a voluntary public takeover bid for BÖHLER-UDDEHOLM. As a consequence, a majority of 90.24% of BÖHLER-UDDEHOLM AG is now held by voestalpine AG and the other 9.76% remain free floating.
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