686:, a financial company he controls. In order to avoid Sulzer being indirectly exposed to US sanctions, the company submitted a request to the Office of Foreign Assets Control (OFAC) to take over five million shares from Renova, which was granted on 11 April. In this way, Vekselberg's shareholding fell to just below 50%, which no longer corresponded to a majority. With this measure, Sulzer was able to free itself from the sphere of influence of the American sanctions within a few days. On 12 April 2018 the company reported, "Transfer of shares completed - Renova ownership below 50% - Sulzer free from US sanctions."
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activities from
Precision Castparts Corp. (PCC), located in Houston, Texas, USA, and in Wuxi, China. Sulzer Chemtech acquired US Cana-Tex in 2005, strengthening its field services for separation columns, Swiss companies Mixpac, Werfo and Mold in 2006 to expand static mixing activities, followed by the separation business of UK-based KnitMesh Ltd in 2007 and several tower field service companies in Australia, Thailand, India, Germany in 2009 and Canada in 2011. Sulzerâs service business (Turbo Services) expanded its business in South America in 2008 with the acquisition of Capime.
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companies were bundled in a holding structure under the name Sulzer-Unternehmungen AG and subsequently the foreign sales offices were also transferred to independent companies. Sulzer initiates
Switzerlandâs first regularly published in-house magazine in 1919. At the same time, the technical customer magazine âTechnische Rundschau Sulzerâ (later âSulzer Technical Reviewâ) was launched.
629:), at the end of which a charge of breach of disclosure obligations resulted. The investors had taken advantage of a loophole in Swiss capital market regulations and, through the improper use of formally cash-settled options, had granted themselves potential control over voting rights attached to shares or conveyed by options with real settlement. FINMA also found that
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the first steam engine was built and installed in
Winterthur (1841). In 1845, the company's own "Sick Support Association for Factory Workers" was founded. This later became the Sulzer Health Insurance Fund; this was renamed Provita in 1997 and now operates as an independent health insurance fund as part of the SWICA insurance company. In 1851, English engineer
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joined Sulzer. With the development of new steam engines, he was instrumental for the early success and growth of the company. In 1859, the first "partnership agreement" between the Sulzer brothers was signed. New products were introduced, first steam engines, later also ships, a new organization and
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In the years to come, Sulzer strengthened the market positions of its divisions by several acquisitions. The companyâs Metco business acquired the
Canadian Ambeon division of Westaim and German OSU Machine Construction in 2004. The same year, Sulzer Pumps took over the Johnston, Crown, and Paco pump
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Medical technology was expanded by the purchase of the
American Intermedics Group for one billion Swiss francs in 1988. The Winterthur machine factory was closed in 1990 and the founding site in Winterthur was vacated. For the first time, Sulzer employed more people abroad than in Switzerland. On 14
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As a family business, the company had grown over the years in the form of a general partnership, and in June 1914 it was converted into two stock corporations with registered offices in
Winterthur and Ludwigshafen am Rhein, both of which were renamed GebrĂźder Sulzer Aktiengesellschaft. In 1917, both
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In 1870, Switzerland's first company-owned vocational school with training workshops was founded. In 1872, 24 workers' dwellings were built in
Winterthur by the âGesellschaft fĂźr Erstellung billiger Wohnhäuserâ (Society for Affordable Housing Construction). Further apartment buildings in addition to
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and
Salomon produced cast iron and built fire extinguishers, pumps and apparatus for the textile industry; later, they also started installing heaters. In 1836 the workforce grew to some forty journeymen, subworkers and apprentices. In 1839, a foundry was added, a mechanical workshop was set up, and
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After two years with three divisions, Sulzer added a fourth division to its reporting structure at the beginning of 2017. Since then, the Sulzer Mixpac
Systems unit, which has been manufacturing applicators for industrial adhesives since 2006, has formed the new Applicator Systems Division together
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would be allowed to surveil South Africa. Otherwise, the company would only deliver non-sensitive equipment. Meanwhile, the Swiss
Federation of Commerce and Industry intervened in the debate and indirectly exerted pressure in favor of admitting the deal. Later, when it became known that compressors
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In 2017, Sulzer bought French pump manufacturer Ensival Moret to close specific product gaps (such as axial flow pumps) in its general industry pumps portfolio. The company also acquired control of Rotecâs gas turbine service business (Rotec GT) in Russia, becoming a sizeable player in the Russian
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In 2001, patients experienced problems with contaminated hip joint implants from Sulzer Medica in the USA, leading to class action lawsuits. In 2002, Sulzer Medica agreed on a settlement with the US plaintiffs and Sulzer paid 75 million US dollars for the settlement, which caused a massive drop in
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From 1880, steam engines particularly contributed to the growth of Sulzer to around 2,000 employees. In 1881 a branch was founded in Ludwigshafen am Rhein, Germany. In 1898, the first Sulzer diesel engine was developed in cooperation with Rudolf Diesel. By approximately 1900, the company had over
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With theâŻacquisition of the US-headquartered GTC Technology in April 2019, Sulzer complemented its Chemtech offering with proprietary processes and systems for the production of aromatics and other petrochemicals. This acquisition enabled Sulzer to get into the technology licensing business, thus
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In spring 2011, Sulzer announced the acquisition of the Cardo Flow Solutions pump division of the Swedish company Assa Abloy for CHF 858 million, thus strengthening the Sulzer Pumps division in the water and wastewater market. The deal added the ABS and Scanpumps brands to Sulzer's workforce with
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In the 1970s, the oil crisis announced a new orientation towards the technology group and the development of materials technologies. Sulzer reacted to the global decline in capital goods in the 1970s after losses in the second half of the 1980s. In 1982, the weaving machine business was expanded.
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In 1999, another reorganization took place and Sulzer Industries became independent with its own CEO. The pumps business in China was strengthened by founding a joint venture with Dalian Pumps. The company sold its water turbine business (Sulzer Hydra) to the Austrian technology company VA Tech.
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From 1945, a growth phase began with a flourishing economy and strong expansion of foreign activities. In the 1950s, increasing production was carried out by guest workers, mainly from southern Europe. New divisions for energy, plant engineering and textile machinery were created, accompanied by
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During the second heyday after the Second World War, the Sulzer Tower was built in the early 1960s - the company's new headquarters, a landmark of Winterthur and at 99.7 meters the tallest building in Switzerland at the time. It served as Sulzerâs headquarters until 1999, and again from 2012.
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In 2018, Sulzer acquired US company JWC Environmental, LLC, a provider of solids reduction and removal products such as grinders, screens and dissolved air flotation system for municipal, industrial and commercial wastewater applications. The transaction allowed Sulzer to grow its wastewater
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Chemtech: mass transfer, static mixing and polymer solutions for chemicals, petrochemicals, refining and LNG. Also provides a range of ecological solutions such as bio-based chemicals, polymers and fuels, recycling technologies for textiles and plastic, as well as carbon capture and
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with the acquired beauty business Geka (bought in 2016), industrial dispensers provider PC Cox (2016), dental applicators producer Transcodent (2017), healthcare dispensing/mixing products supplier Medmix (2018), and drug delivery devices manufacturer Haselmeier (2020).
798:. Teething problems plagued these machines and their operation in revenue earning service was brief. Research into correcting their problems continued but was eventually curtailed by Morrison Knudsen late in 1982. These power units were descendants of the LVA range.
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In January 2021, Sulzer bought Nordic Water, a leading supplier of water-treatment technology. The acquisition strengthened Sulzerâs wastewater treatment offering and gave further access to the clean water market, where Sulzer has already been present for years.
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Sulzer grew its aftermarket activities in July 2019 through the acquisition ofâŻAlba Power, a service provider for aeroderivative gas turbines. By diversifying its service offering, Sulzer reduced its end-market exposure to the challenging utility power sector.
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Sulzer was blacklisted by the Allies during World War II due to an increase in trade with Axis countries. Sulzer refused to sign an agreement to limit the future sale of marine diesel engines to the Axis countries, and was blacklisted by the Allies as a result.
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In July 2013, Sulzer announced its intention to divest the fourth division "Sulzer Metco" to focus on its core markets. The purpose was also to fund new acquisitions and to grow production capacity. In June 2014, the sale of "Sulzer Metco" to the Swiss
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had been supplied to an enrichment plant in South Africa, Sulzer claimed its South African subsidiary, over which it did not exert any control legally, might have supplied such compressors and that Sulzer had not been informed about that.
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In 2000, Sulzer acquired the Finnish company Ahlstrom Pumps. In the middle of the year, the steam locomotive and machine factory DLM became independent, the remains of the former SLM became Winpro AG in 2001 through a management buyout.
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engine having, in effect, two six-cylinder engines side by side, rather than a V-type as favoured by many other manufacturers. Sulzer V-type engines for rail use bore the type number LVA (with a 50-degree angle between the banks).
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in the UK, Europe and South America. A small number were used in locomotives in Africa and Australia. The Sulzer LDA (prefixed by the number of cylinders, and with a suffix related to the cylinder bore) engine was widely used by
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In 2001, Sulzer sold its textile business (Sulzer Textile) to the Italian Promatech Group. Sulzer Medica was separated from the Sulzer company through a spin-off in 2001, renamed to Centerpulse and sold to the US medical company
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production methods. In approximately 1860, Sulzer opened its first foreign sales office in Turin, and the company participated in the world exhibition in Paris in 1867. The workforce had grown by then to more than 1,000 workers.
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In the late 1970s, locomotive rebuilder Morrison Knudsen installed a series of Sulzer power units into several existing locomotives. The first applications were of the marine based 6ASL25/30 & 8ASL25/30 series used in a
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acquired a majority stake in Sulzer. None of these investors had ever filed a disclosure statement with Sulzer before. This surprising entry drew the longest investigation by the Swiss Financial Market Supervisory Authority
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There are currently five standing committees in the Board of Directors: the Audit Committee, the Nomination Committee, the Remuneration Committee, the Strategy and Sustainability Committee, and the Governance Committee.
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In 2020, Sulzer acquired Swiss-German Haselmeier, providing the company access to the highly attractive drug-delivery devices market with self-injection pens for reproductive health, diabetes or osteoporosis patients.
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The time since 2003 is called a new beginning. Since then, the Group has been smaller but more profitable and has recorded strong growth. Sulzer increased operating income and net income by more than 50 percent.
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Flow Equipment: Pumping solutions - it produces pumps, agitators, compressors, grinders, screens and filters for water, power generation, oil and gas, hydrocarbon, paper, food, metals and fertilizer industries.
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In 1990, Sulzer spun off the diesel engine division into a separate company named "New Sulzer Diesel" (NSD) and sold most of the shares in it, retaining only a minority ownership. In 1997, NSD was absorbed by
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Sulzerâs Board of Directors consists of seven members. Each member of the Board of Directors is individually elected or re-elected by Sulzerâs shareholders at the companyâs Annual General Meeting.
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Also in 2018, Sulzer took over Brithinee Electric of Colton, California, expanding its electromechanical services business into Southern California to serve the wind, cement and water markets.
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Zweigniederlassung ZĂźrich (DBZ) and NZB Neue ZĂźrcher Bank (NZB) had, in some cases, seriously breached their regulatory obligations in connection with the issuance or trading of these options.
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In 2010, Sulzer acquired Dowding & Mills, a provider of maintenance and repair services for generators and engines, and renamed it Sulzer Electro Mechanical Services.
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The Executive Committee consists of the Chief Executive Officer (CEO), the Chief Financial Officer (CFO), the Chief Human Resources Officer and three Division Presidents.
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In September 2021, Sulzer spun off Medmix as a completely separate firm, thereby narrowing Sulzer to a flow-control company focused on the Water and Renewables markets.
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revealed that Sulzer provided fissile material in the 1970s for the South African nuclear weapons program. Following discussions with the Division of Trade of the
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521:(SLM) in Winterthur was acquired, and the large diesel engine became Sulzer's flagship product worldwide. In 1966, Sulzer acquired a 53 percent stake in
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May 1993 GebrĂźder Sulzer, Aktiengesellschaft was renamed Sulzer Ltd. In 1996, a technology center was built in the Oberwinterthur Industrial Park.
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better working conditions, expansion of social benefits, women's work for "lighter factory work" and housing subsidies in surrounding communities.
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Sulzer specializes in technologies for fluids of all types. The company's inventions includes the first precision valve steam engine (1876), the
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3,000 employees and sales offices in Milan, Paris, Cairo, London, Moscow and Bucharest, as well as the Japanese city of Kobe from 1914.
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During the 1930s, production fell by two thirds as a result of the global economic crisis, and personnel was massively reduced.
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Out of political and personal considerations, Sulzer decided to sell its subsidiaries in Germany by the beginning of the war.
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In 1997, Sulzer Medica went public, and Sulzer Thermtec (equipment and valves for power plants) was sold to the British IMI.
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company with some 180 manufacturing facilities and service centers around the world. The company's shares are listed on the
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in Zurich, reaching an all-time high of over 30,000 employees. In 1969, Escher Wyss AG was taken over in full.
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Switzerland and South Africa 1948-1994: Final Report of the NFP 42+ commissioned by the Swiss Federal Council
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Ten 16 ASV25/30 3,600 hp (2,700 kW) power units were installed into locomotives belonging to the
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in 2003, where it is still managed as a successful business unit. With the sale of the compressor business
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Sulzer developed a series of rail traction engines in the 1930s and 1940s which were used extensively in
660:âs oil separation technology business (VIEC â Vessel Internal Electrostatic Coalescer), based in Norway.
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The company GebrĂźder Sulzer, Foundry in Winterthur was founded in 1834 by Johann Jacob Sulzer. His sons,
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In 1984, the year of its 150th anniversary, Sulzer recorded losses and underwent massive restructuring.
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1115:"Transfer of shares completed â Renova ownership below 50% â Sulzer free from US sanctions"
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309:(1898) and artificial hip joints (1965). Sulzer Brothers helped develop shuttleless
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and manufacturing firm, founded by Salomon Sulzer-Bernet in 1775 and established as
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Suzanne Thoma, Chairwoman of the Board of Directors (since 2022), member since 2021
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The Sulzer engine in diesel traction. A potted and incomplete history 1912-1990
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gas turbine service market. The same year, Sulzerâs Chemtech division bought
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In 2005, a Swiss-government sponsored historical study authored by historian
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for Sulzer's own equipment and third party equipment operated by customers.
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1051:"Sulzer sells Metco coatings unit to Oerlikon for $ 950 million in cash"
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worked for Sulzer in 1879 and in 1893 Sulzer bought certain rights to
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Switzerland, National Socialism and the Second World War: Final Report
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819:. They are also one of the few companies that create a camshaftless
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First Romanian Railways CFR Class 60 locomotive built in Switzerland
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The current members of the Executive Committee of Sulzer Ltd are:
926:. Contributed to by Jean-François Bergier. Berghahn Books. 2003.
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to its management in 2002, the divestiture program was finished.
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The current members of the Board of Directors of Sulzer Ltd are:
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Acquisitions and divestitures around the turn of the millennium
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Markus KammĂźller, Member of the Board of Directors (since 2022)
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1077:"Swiss firm escapes sanctions on Russians using share buyback"
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How the Swiss helped apartheid South Africa to build the bomb'
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as six-, eight- and twelve-cylinder form, and in Romania, by
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Dr. Uwe Boltersdorf, Division President Chemtech (since 2023)
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815:. Wärtsilä NSD makes the world's largest diesel engine, the
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David Metzger, Member of the Board of Directors (since 2021)
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Alexey Moskov, Member of the Board of Directors (since 2020)
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Haining Auperin, Chief Human Resources Officer (since 2023)
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1026:"Finanzaufsicht schlieĂt Causa Sulzer mit Strafanzeige ab"
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controlled 63.42% of the industrial conglomerate through
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Jan LĂźder, Division President Flow Equipment (since 2023)
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Dr. Suzanne Thoma, Executive Chair (since November 2022)
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Tim Schulten, Division President Services (since 2022)
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private homes followed in other parts of Winterthur.
378:. As of 29 May 2018, Tiwel Holding AG (controlled by
382:) held a total of 48.82% of Sulzer's share capital.
313:and their core business in the 1970s and 1980s was
211:-->, rotating equipment service, PLA bioplastics
325:. Sulzer built their first diesel engine in 1898.
27:Global Swiss industrial group based in Winterthur
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840:"Annual Report 2023 - Sulzer Annual Report 2023"
616:In 2007, the Viennese investors Ronny Pecik and
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962:"MEDICAL TECHNOLOGY â FROM CRAFTS TO HIGH-TECH"
766:, and several others. The 12LDA28 engine was a
338:The company is organized into three divisions:
51:Sulzer headquarters in Winterthur, Switzerland
750:. The twelve-cylinder engine was used in the
345:Services: Full-spectrum service provider for
1099:: CS1 maint: multiple names: authors list (
374:The Sulzer Ltd shares are registered at the
1250:Manufacturing companies established in 1834
674:Although Sulzer was not directly listed on
1260:Companies listed on the SIX Swiss Exchange
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1146:Sulzer Diesel Locomotives of British Rail
610:International Atomic Energy Agency (IAEA)
1075:Miller, John Revill, John (2018-04-12).
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823:main propulsion engine.</ref>
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409:Prisca Havranek-Kosicek (since 2023)
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1200:Engine manufacturers of Switzerland
734:. Many were built under licence by
620:together with the Russian oligarch
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519:Swiss Locomotive and Machine Works
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438:Thomas Zickler, CFO (since 2022)
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529:Crisis in the 1970s and 1980s
412:Hariolf Kottmann (since 2023)
1028:. 2009-11-30. Archived from
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110:; 249 years ago
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1235:Steam turbine manufacturers
1230:Diesel engine manufacturers
1225:Marine engine manufacturers
1220:Water turbine manufacturers
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986:The Telegraph, 29 Oct 2005
760:Polish Railways Class ST43
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853:125 years Diesel engine
817:Wärtsilä-Sulzer RTA96-C
140:as Sulzer Brothers Ltd.
1174:accessed 17 April 2011
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779:demonstrator and four
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1000:. Bern, Switzerland:
996:Kreis, Georg (2007).
900:"Executive Committee"
752:British Rail Class 47
748:Electroputere Craiova
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644:1,800 new employees.
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207:, plant engineering,
148:Salomon Sulzer-Bernet
1004:. pp. 383â385.
876:"Board of Directors"
631:ZĂźrcher Kantonalbank
460:Formation and growth
365:utilization/storage.
300:Swiss Stock Exchange
280:Sulzer Brothers Ltd.
205:separation processes
201:wastewater treatment
189:industrial agitators
668:treatment segment.
424:Executive committee
370:Ownership structure
334:Corporate structure
307:Sulzer-Diesel motor
229:Number of employees
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1215:Pump manufacturers
821:intelligent diesel
764:China Railways ND2
723:diesel locomotives
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386:Board of directors
376:SIX Swiss Exchange
268:[ËzĘltÍĄsÉ]
78:CH0038388911
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1011:978-3-03911-498-6
802:New Sulzer Diesel
736:Vickers-Armstrong
732:Romanian Railways
680:Viktor Vekselberg
622:Viktor Vekselberg
587:Gillette, Wyoming
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218:
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209:Static mixer
153:Headquarters
57:Company type
1142:Webb, Brian
811:, creating
781:M-K TE70-4S
768:double bank
577:A new start
351:compressors
292:Switzerland
264:Sulzer Ltd.
197:compressors
163:Switzerland
137:Switzerland
95:engineering
93:Industrial
18:Sulzer Ltd.
1184:Categories
1155:0715375148
1124:2021-04-16
1086:2021-04-16
1061:2021-04-16
1036:2021-04-16
1002:Peter Lang
971:2021-10-12
909:2021-04-16
885:2021-04-16
827:References
585:Sulzer in
571:Burckhardt
359:generators
288:Winterthur
170:Key people
158:Winterthur
133:Winterthur
1095:cite news
942:cite book
602:Peter Hug
517:In 1961,
245:Services
239:Divisions
1144:(1978).
809:Wärtsilä
794:and the
658:Wärtsilä
650:Oerlikon
247:Chemtech
181:Products
90:Industry
60:Public (
1081:Reuters
1055:Reuters
633:(ZKB),
455:History
311:weaving
252:Website
216:Revenue
145:Founder
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684:Renova
567:Zimmer
355:motors
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627:FINMA
347:pumps
273:Swiss
271:is a
185:Pumps
1150:ISBN
1101:link
1006:ISBN
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928:ISBN
746:for
730:and
676:OFAC
357:and
315:loom
127:1834
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