Heraeus: Key Decisions Made to Improve Revenue and Results
HANAU, Germany, May 8, 2014 /PRNewswire/ –
Heraeus, the Hanau-based precious metals and technology Group, has honed its strategy
for future growth. The company has already launched a number of initiatives designed to
spur this growth between now and 2020.
In the coming years, Heraeus will invest several hundred million euros in research and
development as well as the associated infrastructure. One focal point will be at the
company headquarters in Hanau, where a modern innovation center, to be completed by the
end of 2016, will tie together Group-wide and interdivisional activities. Cutting-edge
research there will underpin efforts to expand the positions Heraeus holds in global
markets and to outperform the market.
With the focus on attractive future-oriented markets, Heraeus is forming clusters to
bundle expertise drawn from all its business groups. Research will center on new products
that deliver tangible benefits to end customers. Increasingly fast-paced innovation cycles
in many customer segments, above all the electronics industry, offer Heraeus significant
potential for growth.
Building on its extremely sound financial base and ample liquid assets, however,
Heraeus will also continue to grow through acquisitions. “We intend to continue balancing
our technology portfolio through purchases and to open interesting new markets,” said Jan
Rinnert. Heraeus aims to more than double product revenues by 2020.
Heraeus, the precious metals and technology Group headquartered in Hanau, Germany, is
a global, private company with more than 160 years of tradition. We create high value
solutions for our customers, strengthening their competitiveness for the long term. Our
fields of competence include precious metals, materials and technologies, sensors,
biomaterials and medical products, quartz glass, and specialty light sources. In fiscal
year 2013, Heraeus had product revenue of EUR3.6 billion and precious metals trading
revenue of EUR13.5 billion. With more than 12,500 employees in over 110 subsidiaries
worldwide, Heraeus holds a leading position in its global markets.
For additional information, please contact: Bettina Lichtenberg Head of Corporate Communications Heraeus Holding GmbH Heraeusstrasse 12-14 63450 Hanau, Germany Tel. +49(0)6181-35-5100 F +49(0)6181-35-4242 firstname.lastname@example.org http://www.heraeus.de
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SOURCE Heraeus Holding GmbH