MBB SE explained

MBB SE
Native Name Lang:	de

MBB SE is a family-run mid sized group of companies, headquartered in Berlin. The company name derives from a former subsidiary MBB Gelma Industrieelektronik GmbH, taken over in 1997 from Daimler-Benz Aerospace AG.

History

The company was founded in 1995 as Nesemeier & Freimuth GmbH. It purchased MBB Gelma Industrieelektronik GmbH from Daimler-Benz Aerospace AG. MBB Industries AG had its IPO in 2006 and was converted into MBB SE (Societas Europaea) in March 2015. MBB stands for Messerschmitt-Bölkow-Blohm. Today, MBB is the only independent company to have emerged directly from the original MBB Group.^[1] The company founders remained major shareholders also after the IPO to date.^[2]

Today, the group includes seven subsidiaries with more than 1,500 employees.^[3]

Company figures

MBB group revenues in 2015 are approx. 270 million US-$. For 2020 MBB is planning with more than 500 million US-$ while keeping up an EBITDA margin of 10%.^{[4] [5]}

MBB subsidiaries ^[6]

• Delignit AG (since 2003)
• OBO Werke GmbH & Co. KG (since 2003)
• Hanke Tissue Spolka z o.o. (since 2006)
• DTS IT AG (since 2008)
• CT Formpolster GmbH (since 2010)
• Aumann AG (since 2012)
• 60% Friedrich Vorwerk KG (GmbH & Co.) ^{[7] [8]}

References

Homepage: www.mbb.com/en

Die Welt: www.welt.de

focus: www.focus.de

Notes and References

1. Web site: Mittelstand in Bestform. FOCUS-MONEY. 11 July 2016.
2. Web site: Mittelstand in Bestform. FOCUS-MONEY. 11 July 2016.
3. Web site: OnVista. 11 July 2016.
4. Web site: Reuters. . 11 July 2016.
5. Web site: MBB will Umsatz und Gewinn verdoppeln. Wallstreet online. 11 July 2016.
6. Web site: MBB Subsidiaries. MBB. 2019-06-21.
7. Web site: MBB acquires a majority stake in Friedrich Vorwerk, (...). 2019-06-20. 2019-06-21.
8. Web site: 2019-07-30. MBB SE completes acquisition of Friedrich Vorwerk. 2020-08-27. Investor Relations - Ad-Hoc & News - MBB SE.