DMG Mori AG Stock

Description DMG Mori

DMG Mori is a multinational company that specializes in the production of machine tools and industrial equipment for the manufacturing sector. The company is listed on the Frankfurt Stock Exchange and has its headquarters in Bielefeld, Germany.

DMG Mori was formed in 2015 as a result of a merger between two companies, DMG and Mori Seiki, both of which had a long history in the machine tool industry. The company's product portfolio includes CNC turning and milling machines, other machining centers, software solutions, and industrial services.

DMG Mori operates in over 80 countries worldwide and has a strong presence in key manufacturing markets such as Japan, the United States, and Europe. The company employs around 7,000 people globally and generated revenue of €2.3 billion in the fiscal year 2020.

Competitors of DMG Mori

DMG Mori is a global company that specializes in the production and distribution of machine tools, software, and automation systems for industrial applications. Its main competitors are other leading manufacturers of machine tools and equipment.

1. Haas Automation - Based in the United States, Haas Automation is a leading manufacturer of machine tools, including vertical machining centers, horizontal machining centers, and turning centers. The company has a strong presence in the automotive, aerospace, and medical industries.

2. Yamazaki Mazak - A Japanese machine tool manufacturer, Yamazaki Mazak is a global leader in the design and manufacture of high-performance machining centers, CNC lathes, and multi-tasking machines. It operates in over 50 countries and has a strong presence in the aerospace, automotive, and medical sectors.

3. Trumpf - Trumpf is a German company that specializes in the production of laser cutting machines, laser welding machines, and bending machines. The company also produces software and automation systems for industrial applications. Trumpf has a global presence and operates in over 70 countries.

4. Fanuc - Fanuc is a Japanese company that specializes in the production of CNC systems, robotics, and factory automation solutions. The company has a strong presence in the automotive, aerospace, and electronic industries and operates in over 100 countries.

5. Makino - Makino is a Japanese company that specializes in the production of high-speed machining centers and EDM machines. The company also provides software and automation solutions for industrial applications. Makino has a global presence and operates in over 60 countries.

Suppliers of DMG Mori

DMG Mori is a global leader in the manufacturing of CNC (computer numerical control) machine tools, which are used in various industries such as aerospace, automotive, and energy. As such, the most important suppliers for the company may vary depending on the type of materials and components required to manufacture their products. However, some of the key suppliers for DMG Mori could include:

1. Steel and metal suppliers: DMG Mori requires a significant amount of steel and metal components for their CNC machines. Some of the key steel and metal suppliers for the company could include ArcelorMittal, POSCO, and Nippon Steel.

2. Semiconductor and electronics suppliers: DMG Mori's CNC machines are highly sophisticated and include advanced electronic components such as sensors, controllers, and motors. As such, the company may need to rely on suppliers of semiconductor and electronic components such as Samsung, Intel, and Texas Instruments.

3. Software and IT suppliers: DMG Mori's CNC machines also require advanced software and IT systems to operate. The company may rely on software and IT suppliers such as Microsoft, SAP, and Oracle for these components.

4. Logistics and transportation providers: DMG Mori may rely on logistics and transportation providers to deliver raw materials and components to its manufacturing facilities. Some of the key logistics and transportation providers could include DHL, FedEx, and UPS.

Overall, DMG Mori relies on a diverse range of suppliers to manufacture its high-quality CNC machines. The company's success depends on its ability to maintain strong relationships with these suppliers and ensure a reliable supply chain.