Exyte

Last updated

Exyte
Company type GmbH
IndustryBuilding Design, Engineering, Procurement and Construction
PredecessorM+W Group
Founded1912
Headquarters
Stuttgart
,
Germany
Key people
Revenue€4.9 billion [1] [2]  (2021)
Number of employees
7400 [1]  (end of 2021)
Website www.exyte.net

Exyte is an international company for design, engineering, procurement, and construction in controlled and regulated environments. Its headquarters are located in Stuttgart (Germany). Exyte's core business includes solutions for the semiconductor, life sciences and chemical industries as well as Data centers. [3] The planning and design of high-tech production plants (especially cleanrooms) are the company's main focus.

Exyte headquarters at Stuttgart, Germany Exyte Headquarters Stuttgart.jpg
Exyte headquarters at Stuttgart, Germany
Cleanroom for microelectronic manufacturing Cleanroom1.jpg
Cleanroom for microelectronic manufacturing

The company was founded in 1912 by Karl Meissner and Paul Wurst. [4] For the first 50 years of its existence, Meissner + Wurst mainly produced extraction units, fans and equipment for ventilation technology. [5] In the 1960s, Meissner + Wurst established itself as a pioneer in the development of cleanroom technology. [6] Since the 1990s, the company expanded worldwide by extending its business areas, founding new branch offices and acquiring companies. [4] Jenoptik took over Meissner + Wurst in October 1994 and merged it with Zander Klimatechnik AG from Nuremberg in August 1998 to form M+W Zander. [7] [8] The building services engineering division was spun off from the group in a management buyout under the name M+W Zander Gebäudetechnik GmbH in 2004 and was renamed Caverion Deutschland GmbH in February 2007. [9] In 2005 the Swiss investor Springwater Capital took over M+W Zander, [10] and in 2008 the facility management division was transferred to HSG, which belongs to the Bilfinger Group. [10] [11] Since then, the company has operated under the name of M+W Group, or M+W for short, and is 100% owned by the Austrian holding company Stumpf Group since 2009. [10] [12]

The Exyte Group was established in 2018 from a reorganization of the M+W Group. [3] The core businesses (solutions for the semiconductor, batteries, [13] biopharma and Life sciences as well as services for Data centers) were bundled within the Exyte Group, while all other business activities, which are mainly related to energy projects, are still conducted under the brand name M+W Group. [3] In 2018, the company announced its plans for a public listing and that a larger minority stake would be sold via an IPO. [14] This IPO was postponed in October of the same year due to unfavorable market conditions. [15] In November 2022 BDT Capital Partners agreed to acquire a significant share of Exyte. [16] In March 2024, it was announced Exyte had acquired the Phoenix, Arizona-headquartered delivery systems and contract manufacturing services company, CollabraTech Solutions for an undisclosed amount. [17]

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References

  1. 1 2 "Annual Report 2021" (PDF). Exyte Website. 2022. Retrieved 24 June 2022.
  2. ↑ "Fiscal year 2021 results". www.exyte.net. Retrieved 24 June 2022.
  3. 1 2 3 "Exyte baut Halbleiterfabriken" (PDF) (in German). Frankfurter Allgemeine Zeitung. 14 May 2019. Retrieved 26 March 2020.
  4. 1 2 "Exyte history" . Retrieved 5 February 2020.
  5. ↑ "The history of M+W Group" . Retrieved 25 March 2020.
  6. ↑ cleanroomtechnology.com (12 February 2020). "Cleanrooms for next-gen semiconductor fabrication". globalsmt.net. Retrieved 7 December 2020.
  7. ↑ "Chronik der Jenoptik AG" (in German). Handelsblatt. 29 August 2000. Retrieved 25 March 2020.
  8. ↑ Wolfgang Burr (2014). Markt- und Unternehmensstrukturen bei technischen Dienstleistungen: Wettbewerbs- und Kundenvorteile durch Service Engineering (in German). Springer Science+Business Media. ISBN   978-3-658-02286-0 . Retrieved 30 January 2020.
  9. ↑ "Aus M+W Zander Gebäudetechnik GmbH wird caverion GmbH / Zweitgrößter Anbieter für Gebäudetechnik in Deutschland" (in German). 26 February 2007. Retrieved 25 March 2020.
  10. 1 2 3 Oliver Stock (22 February 2008). "M+W Zander fürchtet Aufspaltung" (in German). Handelsblatt . Retrieved 25 March 2020.
  11. ↑ "HSG Zander: Historie" (in German). Retrieved 27 March 2013.
  12. ↑ Inge Nowak (11 May 2018). "Anlagenbauer M+W: Pilot-Zellfabrik wird in Stuttgart geplant" (in German). Stuttgarter Zeitung . Retrieved 16 May 2018.
  13. ↑ "Exyte opens lab to economise dryroom components for battery production". cleanroomtechnology.com. 12 August 2019. Retrieved 7 December 2020.
  14. ↑ Oliver Schmale (25 September 2018). "Anlagenbauer aus Schwaben: Exyte strebt an die Börse" (in German). Frankfurter Allgemeine Zeitung . Retrieved 26 September 2018.
  15. ↑ Desirée Backhaus (8 October 2018). "Exyte bläst Milliarden-IPO vorerst ab" (in German). Finance Magazin. Retrieved 25 March 2020.
  16. ↑ Lindholm, Nina (17 November 2022). "BDT snaps up minority stake in Exyte". PE Hub Europe. Retrieved 28 November 2022.
  17. ↑ "Exyte acquires CollabraTech Solutions - News". Silicon Semiconductor. Retrieved 18 March 2024.
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