The Board of Directors of Georg Fischer Ltd will propose Hubert Achermann, Lucerne (Switzerland), for election as a new member of the Board at the Annual Shareholders’ Meeting on 19 March, 2014. He will replace Kurt E. Stirnemann, who is reaching the retirement age for Board members.
Georg Fischer announced the acquisition of a majority stake in Hakan Plastik A.S. in Cerkezköy (Istanbul, Turkey). Hakan Plastik is the leading provider of plastic piping systems in the building technology and water infrastructure markets in Turkey, the Middle East and Eastern Europe.
Despite a clear market slowdown in Europe, Georg Fischer generated a turnover of CHF 3.6 billion in 2012, 3 percent above the 2011 figure.
As partner of the two months long entrepreneurial leadership seminar, Georg Fischer worked together with master students of the ETH Zurich to figure out how Cleantech drives innovation. The results of the seminar will be integrated in the current and future projects of Georg Fischer.
In the latest rating published by the Carbon Disclosure Project (CDP), Georg Fischer reached a very high score. With 88 out of a possible 100 points, Georg Fischer was awarded the top ranking of the Small and Mid Cap (SMIM) companies for the first time.
Georg Fischer and Caritas Switzerland have agreed to a partnership for the supply of drinking water.
Georg Fischer announced the acquisition of Independent Pipe Products Inc. (IPP) in Dallas (Texas, USA), the leading US provider of large diameter pipes and fittings in Polyethylene (PE).
At the 116th Annual General Meeting of Georg Fischer Ltd on 21 March 2012, the shareholders voted in favor of all the proposals of the Board of Directors. Isabelle Welton and Roger Michaelis were elected as new members of the Board.
Georg Fischer announced that it has agreed to acquire Harvel Plastics Inc., the US market leader for industrial plastic pipes. This is another step in the implementation of Georg Fischer’s strategy to further expand its piping systems business worldwide.
Georg Fischer continues to expand at a fast pace in the Chinese market. The company is inaugurating two new plants, bringing its total to 14 production companies in the country.
