Business and Capital Collaboration with GILDEMEISTER AG (of Germany)
Two manufacturers specializing in machine tools, from Japan and Germany, are developing through friendly competition to bring the customers better products and services.
Although Mori Seiki and GILDEMEISTER AG, are based in Japan and Germany, countries with different
histories, cultures and ways of thinking, we are both rooted in a cultures of continual and unflagging improvement of products
and have both been fostered by customers. In March 2009, these two companies, both among the top class machine tool builders
in the world, joined forces in business and capital collaboration in order to make a further leap of progress. What this means
is that, not just in terms of the scale of the company but also in terms of the available lineup, with everything from lathes
to a variety of 5-axis control machines, we are literally the biggest in the world, and we have become able to give even more
support to our customers than we have in the past.
The powerful DMG / MORI SEIKI logo that adopts the green and red that are
the corporate colors of the two companies, expresses the fifty-fifty, equal nature of their relationship. Taking this logo
as the mark of our brand, and increasing the synergetic effects of the strengths on both sides, the two companies will continue
to develop through friendly competition to provide even better products and services to the customers. The two companies are
collaborating in the following five fields: 1) sales and service, 2) machine development, 3) production, 4) purchasing,
and 5) fi nance.
Five Benefi ts Promised to the Customers
Sales and service
The products of both DMG and Mori Seiki can be obtained from the distributor that is closest to the customer.
Whatever product the customer uses, we will provide uniform after sales service, and help to improve the customer's productivity.
Machine development
By supplying each other's products, and jointly developing new models that incorporate technology from both sides, we provide a rich product range that matches the customers' needs.
Production
Mori Seiki supplies internal products such as turrets, motors and ball screws to DMG. We seek to improve the quality of the parts, and to provide a wealth of options at inexpensive costs.
Purchasing
Joint purchasing brings down procurement costs, and this enables us to set more affordable prices from the customers' point of view.
Finance
Through our subsidiary finance company, we offer customers who are thinking of buying a DMG or Mori Seiki product the optimum support with finance. (Europe only)
Outline of GILDEMEISTER AG
- Company Name
- GILDEMEISTER AG
- Primary Business
- Manufacture and sales of machine tool equipments
- Establishment date
- 1st October, 1870
(Name of company on establishment: Werkzeugmaschinenfabrik GILDEMEISTER & Comme)
- Registered address
- Gildemeisterstr. 60 D-33689 Bielefeld Germany
- Representative
- Rüdiger Kapitza CEO
- Capital
- 118.500 million Euro
- Employees
- 5,445 (consolidated)
Business results (January to December 2010)
- Sales Revenue
- 1,377 million Euro
- Operating Income
- 45 million Euro
- Net Income
- 4 million Euro
- Total Assets
- 1,358 million Euro
Founded in 1870 and headquartered in Germany, this is the world's largest machine tool builder, with overwhelming strength in the European market. In 1994, the company acquired DECKEL MAHO AG and launched into the milling and drilling machine business. In 1999, by acquiring LCTec GmbH (Pfronten), it entered the laser machine tool business. Currently, in addition to the machine tools division, the solar technology division is a rising presence. In recent years the company has launched the DMG ECOLINE series and has entered the market for low-budget machines.
Progress of the business and capital collaboration
The business and capital collaboration with GILDEMEISTER that was launched in March, 2009, has made significant progress in integrating sales networks, supplying parts, conducting joint development, and providing financial services for
our customers. In April, Mori Seiki acquired additional shares issued by GILDEMEISTER. This makes the ratio of the number of shares held by Mori Seiki to the total number of shares issued by GILDEMEISTER 20.1%, further strengthening the collaboration between the two companies.
By making the most of the integrated technical strengths and sales networks, Mori Seiki continues to provide products and service that offer greater productivity for our customers.