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SMS Siemag Acquires Gesellschaft für aero- und thermodynamische Verfahrenstechnik
07/27/2011 - Gesellschaft für aero- und thermodynamische Verfahrenstechnik, gatv, a German company specializing in aerodynamic and thermodynamic process engineering, was incorporated into SMS Siemag on July 1. Employees are being integrated as a separate department into the newly created "Thermal Processing Engineering" Division.
Gesellschaft für aero- und thermodynamische Verfahrenstechnik, gatv, a German company specializing in aerodynamic and thermodynamic process engineering, was incorporated into SMS Siemag on July 1. gatv employees are being integrated as a separate department into the newly created "Thermal Processing Engineering" Division in Düsseldorf.
Through this acquisition, SMS Siemag gains a team of experts who have been working for more than 20 years in the field of process technology for strip coating lines (drying and cooling systems for strips, exhaust-air cleaning systems with highly efficient energy recovery systems). gatv designs, manufactures, and supplies process plants for foil and strip processing lines for the aluminum and steel industries. An important element of this supply scope, according to SMS Siemag, is floater furnaces for aluminum in the coating and annealing sector (automotive and aerospace).
Another aspect of the company is the revamping of existing plants with the goal of achieving enhanced efficiency and energy savings. The annual business volume is 5 to 8 million euros.
To expand its competences in the field of heat treatment of flat products, SMS Siemag founded the "Thermal Process Engineering" Division on January 1, 2011. The division has more than 200 employees distributed worldwide. This also includes its subsidiaries Drever International from Belgium and Ares in China.
"One of the aims of the Division is to expand our competences in process technology installed in strip processing lines for aluminum and steel," said the Executive Vice President of the Division, Dr. Fritz Brühl. "We have made great strides in this direction with the acquisition of gatv."
There have been a number of cooperative ventures between SMS Siemag and gatv in the past. For example, gatv is providing the complete process engineering for the color coating line for aluminum and steel strip, which is currently being erected in Turkey by SMS Siemag for ASAŞ Alüminyum.
SMS Siemag AG is a company of the SMS group, which is, under the roof of SMS Holding GmbH, a group of companies internationally active in plant construction and mechanical engineering for the steel and nonferrous metals industry. It consists of two business areas, SMS Siemag and SMS Meer. In 2010, about 9200 employees worldwide generated a turnover of EUR 3 billion.
