![]() | This article needs to be updated.(October 2019) |
![]() | |
Company type | SIX Swiss Exchange |
---|---|
SIX: BCHN | |
ISIN | CH0025536027 |
Industry | Compressor technology |
Founded | 1844 |
Headquarters | Winterthur, Switzerland |
Key people | Fabrice Billard (CEO), Ton Büchner (Chair of the Board of Directors) |
Products | Reciprocating compressors |
Revenue | CHF 829.7 mn (2022) [1] |
Number of employees | 2973 (2022) [1] |
Website | https://www.burckhardtcompression.com |
Burckhardt Compression AG is a Winterthur-based Swiss firm specialising in reciprocating compressors. According to the enterprise, it is the world leader in this field, with its products being used around the world in various industrial applications.
The company was founded by Franz Burckhardt as a small mechanical workshop in Basel in 1844, which he expanded to a factory making air and vacuum pumps. The firm was taken over by Sulzer in 1969 and became independent again in 2002 after a management buyout.
In May 2006, Burckhardt Compression announced its intention to go public on the Swiss stock exchange, probably in June 2006.
Burckhardt Compression, formerly known as Maschinenfabrik Burckhardt, was founded in Basel in 1844, as a mechanical workshop by Franz Burckhardt. [2] The company specialised in compressors and vacuum pumps from 1878, under the direction of Burckhardt's son, August Burckhardt. Early compressors from 1913 reportedly delivered 4350 psig (300 bar), increasing to 58,000 psig (4000 bar) by 1948 through the development of high-pressure technology. [3]
In 1969, Maschinenfabrik Burckhardt became part of Sulzer AG, at which point a second production plant was opened in Winterthur. In 2000, all business activities were combined in Winterthur - the Basel site was closed and in 2001, the headquarters were relocated to Winterthur.
Following a management buyout in June 2002, the company was renamed Burckhardt Compression AG, and a holding structure was put in place, under the name Burckhardt Compression Holding AG. In June 2006, an initial public offering (IPO) (VTX:BCHN) took place.
In December 2015, Burckhardt Compression acquired a 40% stake in Houston-based Arkos Field Services, [4] a provider of gas compression services and components. which was increased to 60% in November 2019 as company gains increased access to the American market. [5]
In March 2016, the company acquired a majority stake in Shenyang Yuanda Compressor, a leading Chinese manufacturer of reciprocating compressors, thereby gaining local market proximity and expanding the portfolio to cover different market needs. [2]
In September 2016, the company acquired IKS Industrie- und Kompressorenservice GmbH based in Bremen and in June 2017 Burckhardt Compression strengthened its presence in Canada through the acquisition of CSM Compressor Supplies & Machine Work Ltd based in Edmonton and Drumheller, Alberta.
In March 2020, the company acquired the global compressor business from The Japan Steel Works. [2]
Following several years of cooperation with the company, Burckhardt acquired SPAN Maintenance and Service Co. Ltd. in April 2023. The acquisition of the Thai-based Burckhardt-authorised service partner increased the company position in Southeast Asia and included taking over two dozen employees. [6]
2019 [7] | 2020 [7] | 2021 [7] | 2022 [7] | |
---|---|---|---|---|
Net income | 28M CHF | 32M CHF | 44M CHF | 50M CHF |
Sales | 599M CHF | 630M CHF | 659M CHF | 830M CHF |
MAN SE was a manufacturing and engineering company based in Munich, Germany. Its primary output was commercial vehicles and diesel engines through its MAN Truck & Bus and MAN Latin America divisions, and participation in the manufacturer Sinotruk.
Banking in Switzerland dates to the early 18th century through Switzerland's merchant trade and has, over the centuries, grown into a complex, regulated, and international industry. Banking is seen as emblematic of Switzerland. The country has a long history of banking secrecy and client confidentiality reaching back to the early 1700s. Starting as a way to protect wealthy European banking interests, Swiss banking secrecy was codified in 1934 with the passage of a landmark federal law, the Federal Act on Banks and Savings Banks. These laws, which were used to protect assets of persons being persecuted by Nazi authorities, have also been used by people and institutions seeking to illegally evade taxes, hide assets, or generally commit financial crime.
Swisscom AG is a major telecommunications provider in Switzerland. Its headquarters are located in Worblaufen near Bern. The Swiss government owns 51 percent of Swisscom AG. According to its own published data, Swisscom holds a market share of 56% for mobile, 50% for broadband and 37% for TV telecommunication in Switzerland. Its Italian subsidiary Fastweb is attributed 16% of private clients and 29% of corporate clients share of Italian broadband and is also active in the mobile market.
A compressor is a mechanical device that increases the pressure of a gas by reducing its volume. An air compressor is a specific type of gas compressor.
Swiss Bank Corporation was a Swiss investment bank and financial services company located in Switzerland. Prior to its merger, the bank was the third largest in Switzerland, with over CHF 300 billion of assets and CHF 11.7 billion of equity.
Sulzer Ltd. is a Swiss industrial engineering and manufacturing firm, founded by Salomon Sulzer-Bernet in 1775 and established as Sulzer Brothers Ltd. in 1834 in Winterthur, Switzerland. Today it is a publicly traded company with some 180 manufacturing facilities and service centers around the world. The company's shares are listed on the Swiss Stock Exchange.
A scroll compressor is a device for compressing air or refrigerant. It is used in air conditioning equipment, as an automobile supercharger and as a vacuum pump. Many residential central heat pump and air conditioning systems and a few automotive air conditioning systems employ a scroll compressor instead of the more traditional rotary, reciprocating, and wobble-plate compressors.
Swiss Locomotive and Machine Works was a railway equipment manufacturer based in Winterthur in Switzerland. Much of the world's mountain railway equipment was constructed by the company.
Johann Karl Friedrich August Borsig was a German businessman who founded the Borsig-Werke factory.
OC Oerlikon is a listed technology group headquartered in Pfäffikon (Schwyz), Switzerland. The name "Oerlikon" comes from the Oerlikon district in Zurich where the group has its origins.
Compression Systems, one of five organizational groups within Cameron International Corporation, is a provider of reciprocating and centrifugal compression equipment and aftermarket parts and services. Reciprocating compression equipment is used throughout the energy industry by gas transmission companies, compression leasing companies, oil and gas producers and independent power producers. Integrally geared centrifugal compressors are used by customers around the world in a variety of industries such as air separation, auto making, glass blowing, PET, petrochemical and chemical. Reciprocating compression was sold to GE Oil and Gas in June 2014.
Emmi AG is a Swiss milk processor and dairy products company headquartered in Lucerne. The company employs a total of around 8,900 people in Europe, North America, South America and North Africa (Tunisia). Emmi AG is listed on the SWX Swiss Exchange. The company generates about 42.5 percent of its sales locally and the other 57.5 percent abroad. Numerous production companies in Switzerland belong to the Emmi Group. Outside of Switzerland, Emmi has production facilities, in Chile, Germany, Italy, the Netherlands, Austria, Spain, Tunisia, Brazil, Canada and the USA. Emmi is one of the 500 largest companies in Switzerland.
Partners Group Holding AG is a Swiss-based global private equity firm with US$141.7 billion in assets under management in private equity, private infrastructure, private real estate and private debt.
Capvis is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries in the Industrial Corridor of Europe.
Raiffeisen Switzerland is a cooperative of cooperatives – the union of all independent Swiss Raiffeisen banks. It bears responsibility for the business policy and strategy within the Raiffeisen Group. The 219 independent Raiffeisen banks of Switzerland are organised as cooperatives. With 896 branch offices in total, they make up the densest branch network of any Swiss bank. After the acquisition of Credit Suisse by UBS, the Raiffeisen Group has become the second-largest banking group in Switzerland with client assets under management of 246.6 billion francs. Since June 2014, Raiffeisen has been classified as one of Switzerland's systemically important banks and must therefore meet special requirements in terms of capital. Raiffeisen Switzerland has 3.65 million clients in Switzerland, of whom approximately 1.9 million are cooperative members and thus co-owners of their regional Raiffeisen banks.
NEUMAN & ESSER GROUP was founded as a family establishment in Aachen, Germany in 1830. NEA is a manufacturer of reciprocating compressors and grinding systems for several industries, including oil and gas, chemical and petrochemical, food industry and renewable energy.
Alfred Büchi was a Swiss engineer and inventor. He was best known as the inventor of turbocharging. Büchi was born July 11, 1879, in Winterthur, Switzerland, growing up there and in Ludwigshafen. He was the son of Johann Büchi, a chief executive at Swiss industrial engineering and manufacturing firm Sulzer.
The Bell Food Group is the leading meat processor and manufacturer of convenience products in Switzerland. The company was founded in 1869 by Samuel Bell in Basel, where its headquarters is located. Its range of products includes meat, poultry, charcuterie, seafood and convenience products. Brands include Bell, Abraham, ZIMBO, Môssieur Polette and Hilcona. The Bell Food Group has 65 locations in 15 European countries and employs 11,960 people, as of 2019.
Fenaco is an agricultural cooperative federation in Switzerland, headquartered in Bern. Fenaco is an acronym of its French name fédération nationale des coopératives agricoles. Members of the federation are 165 agricultural cooperatives trading under the name Landi as well as some others. This makes Fenaco indirectly owned by the around 43,000 members of the Landi cooperatives, 22,000 of them being active farmers.
Sidney William Brown was a Swiss machine designer and art collector.