The Phoenix Mecano Group is a global player in the enclosures and industrial components segments and is a leader in many markets. Geared towards the professional and cost-effective manufacture of niche products, it helps to ensure the smooth operation of processes and connections in the machine industry and industrial electronics. Its products are used in the mechanical engineering, measurement and control technology, medical technology, aerospace technology, alternative energy and home and hospital care sectors, amongst others.
Our organisation is highly streamlined. Operative responsibility is distributed among division heads and managers of the various subsidiaries.
Since we went public on the stock market in 1988, our investors' interests have been our main priority. We mainly focus on investors who are looking for long-term success. We have always only had bearer shares, no restriction of transferability and no restrictions on voting rights.
The cash flow which the Group has generated continuously since it was founded is primarily used to finance its growth. Capital that is not required for internal growth is returned to shareholders in the form of dividends, par value repayments and share buybacks.