Fives: Designing today the plants of the future

 

Fives is an industrial engineering group born 200 years ago. It supplies process equipment, production lines and turnkey plants for the world’s largest industrial companies in the aluminum, steel, glass, automotive, logistics, cement and energy sectors, both in emerging and developed countries. 

 

In all these areas, Fives designs and manufactures innovative equipments and solutions that anticipate and respond to the needs of its customers in terms of profitability, safety and environmental responsibility. In 2011, Fives posted sales of €1.27 billion. It currently employs more than 6,100 people in some 30 countries.


 

 

 

> LAST PUBLISHED PRESS RELEASE

03/08/2013

Fives to reinforce its activity in machine tools with the acquisition of MAG Americas, a global supplier of high-performance capital equipment

Paris, March 8, 2013 – Fives has entered into a definitive agreement to acquire MAG Americas, a global supplier of high-performance machining solutions and composite processing. A subsidiary of the MAG Group, MAG Americas enjoys a unique position in the high-end segment of large and complex parts machining solutions and composite processing, where it holds a worldwide leading position. Thanks to its high innovation track record, it has developed strong relationships within the key and...

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