Rolls-Royce Power Systems

The Rolls- Royce Power Systems AG ( Jan 2014 Tognum ) is a supplier of diesel engines, complete propulsion and power systems around the core company MTU Friedrichshafen, based in Friedrichshafen. The company of Rolls- Royce Power Systems Group provide drives for ships, rail cars, heavy land vehicles and industrial machinery and generator applications based on diesel engines, gas engines and gas turbines.

Investments and Subsidiaries

To RRPS include, inter alia, the company MTU Friedrichshafen MTU Onsite Energy Systems GmbH in Ruhstorf (formerly Aggretech ), MTU Onsite Energy diesel Power Systems (formerly Kato- ), MTU Onsite Energy Gas Power Systems (formerly: MDE Decentralized Energy Systems ), MTU Onsite Energy Fuel Cell Systems (formerly CFC Solutions ), MTU remanufacturing Technologies (formerly SKL Motor GmbH) and L'Orange. Since July 2013, the Norwegian motor manufacturer Bergen Engines AS also belongs to the group.

History

In December 2005, DaimlerChrysler sold its MTU Friedrichshafen for 1.6 billion euros to the Swedish private equity group EQT.

EQT then formed in July 2006, the Tognum GmbH as a holding company with MTU as a core company. The holding company originally held the shares in the company MTU Friedrichshafen GmbH, MDE Decentralized Energy Systems GmbH, CFC Solutions GmbH, L' Orange GmbH and Rotorion. In April 2007, Kato- was acquired. On 1 January 2008, finally, the SKL Motor GmbH was taken over by the Tognum. In early November was the holding company completed the sale of the propeller shaft unit Rotorion to the IFA known. Tognum is five years left holds a 25 percent stake in the IFA Rotorion Holding GmbH and then withdraw completely from the automotive supply business.

In July 2007, Tognum was floated on the stock market, after it was converted into a public limited company. EQT was but still with a stake of about 35% of the largest individual shareholder, until the end of April 2008, Daimler AG from EQT for 585 million euros took 22.3 % of the shares and by mid-2011 was 28.4 % the most important single shareholder in Tognum. On March 7, 2011, Daimler announced its intention to acquire Tognum together with Rolls- Royce. After increasing the offer price of 24 € to 2 € to 26 € the Management of Tognum AG recommended on May 18, 2011, the offer acceptance. The members of the Management received on the sale of shares of its own high profits, some eight -figure range. Thus, the then CEO Volker Heuer received 78.96 million euros, the current CEO Coers 59.46 million euros (see Directors' Dealings with Tognum shares or derivatives ).

Mid- 2011, the majority of the shares in Tognum for 3.4 billion euros by Engine Holding GmbH (Stuttgart ), a joint venture between Daimler AG and Vinters International Limited, an indirect subsidiary of Rolls- Royce Group, as part of a friendly takeover acquired. This was preceded by a multiply revised offer by Engine Holding.

In July 2011, the German Stock Exchange announced that the shares of Tognum from the MDAX be taken, as more or less than 10 % of the shares on the open market and the papers are disqualified for all selection indices of Deutsche Börse. Shortly before it was announced that the Engine Holding has 94 % of Tognum shares. The trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange was set on August 27, 2011. As of December 31, 2012, Engine Holding has about 99% of Tognum shares.

MTU Onsite Energy

The umbrella brand MTU Onsite Energy was launched in September 2008 to life. In it, all the activities of decentralized energy production are bundled. The production program includes standardized and individualized diesel generators for emergency power, base and peak load, and cogeneration plants to combined heat and power based on gas engines or gas turbines. The brand includes the following companies MDE on Distributed Energy Systems GmbH, Kato- and PowerGen business of MTU Friedrichshafen.

Korea affair

In 2011, accusations of corruption came up in connection with the business in Asia. Thus, in a roundabout payments to South Korean military personnel were made in the years 2000 to 2011. Due to the accusations leveled the charge of the Asia business board member was dismissed.

Segment sales revenue in 2012 according to applications

  • Engines: 2,007 million euros
  • Onsite Energy & Components: 877 million euros
  • Distribution: 513 million euros

Sales 2012 by region

  • Germany 17.7%
  • Rest of Europe 27.3 %
  • North America (NAFTA ): 27.7 %
  • Asia / Pacific 21.7%
  • Rest of World 5.6%

Employees 2012 by region

  • Germany 79.5 %
  • Rest of Europe 3.8%
  • USA 9.0%
  • Asia 7.7%

The Brands

MTU Onsite Energy

L'Orange

The former name Tognum

In the name of art Tognum the syllable " Tog " should of " pull powerfully " are according to the company, " to " should from the Latin inspired the linguistic idea of ​​important objects and monuments to be and in the Northern and Central European for the pair of terms "home " and " home "position.

Types of business entity Aktiengesellschaft International Securities Identification Number Injection pump EQT Partners Chief Executive Officer
691219
de