livingmetals - the magazine of the Plansee Group
800 million euros. That’s a lot of money. And it is exactly the amount that the Plansee Group has spent on acquisitions and investments over the past ten years.
The aim is to grow our business with the materials tungsten and molybdenum. Which means that recent years have seen many new places appearing on our map, whether it be in Chile and the USA or in Europe, India and Southeast Asia. True to our motto “tungsten and molybdenum, from powder right through to the final product”, we have boosted our capabilities in the field of raw materials supply and the manufacture of carbide tools.
But why are we doing this? Quite simply because it is important to our customers that we guarantee the supply of raw materials, that we take absolute responsibility for the quality of the final product and that we are always in the position to cope with large-scale projects. And this has a welcome side-effect: Every acquisition opens up opportunities, both for our talents and for established managers. These are the people who are driving integration of new parts of the Group and making us stronger and more efficient.