MAXAM
MAXAM acquires ENSEGUR and ETSA DOI, enterprises dedicated to the transport of explosive products
2013.06.14
Press room - News - MAXAM acquires ENSEGUR and ETSA DOI, enterprises dedicated to the transport of explosive products
Today the Spanish Cabinet of Ministers gave the SEPI (State Holding Company) its appoval for the sale of both companies; MAXAM has acquired the companies with its total offer of € 670,000 via a public tender operation.
MAXAM's bid was selected by public tender, with the SEPI releasing ENUSEGUR and ETSA DOI (subsidiaries of the ENUSA Group) via a privatization process launched last December.Both companies are dedicated to the transportation of explosives, both for civil uses, as well as for the manufacture of defence and sport shooting cartridges, coinciding with MAXAM’s three main business units:
- MAXAM Civil Explosives (Blasting products and services for mining, quarrying and infrastructure)
- MAXAM Outdoors (cartridges for sports shooting and hunting) and
- MAXAM Defence (products and services for the defence industry).
Logistics capabilities
This contract significantly strengthens MAXAM’s competitiveness with the European market, where it is a leader in the field of blasting products and services for mining, quarrying and infrastructure.
Transport and logistical activities are a critical factor in MAXAM’s operations stategy for Europe. The recently incorporated companies will allow it to significantly increase the levels of integration of its industrial structure and logistics, which will, in turn, improve the level of service provided to its clients.
International leadership
These two aspects - logistics capability and an integrated production chain- along with its internationalization strategy, consolidated in recent years, are the factors that have made MAXAM the European leader in the manufacture and sale of explosives and initiation systems for civilian use intended for mining, quarrying the construction of infrastructure and public works.
A leadership position reinforced in recent years by strengthening the Company’s presence in countries or regions that have shown strong growth, such as Russia, Central Asia, Africa or Latin America. Globally, MAXAM Civil Explosives is second leading Company overall, the third in terms of turnover, with a leading position in key growth markets such as Russia and Central Asia.
In the manufacture and sale of ammunition for sports shooting and hunting, MAXAM Outdoors is one of the world’s leaders, with more than 500 million cartridges manufactured in their factories in Spain, England and the USA each year.
In defence activity, MAXAM Defence provides products and services to the military and defense ministries of over 30 countries, with over 90% of its turnover is achieved in international markets. MAXAM Defence is also the European leader in demilitarization (destruction, recovery and recycling of all types of ammunition and explosives, as well as soil decontamination and the cleaning of military or conflict zones).
MAXAM is also, through its business area MAXAM Chem, the nitrochemicals leader within the European industry, both in the distribution of raw materials, such as nitrocellulose and ammonium nitrate, and in the development of components for diesel fuel to help reduce CO2 emissions.
Also, with its technological developments in environmental and safety MAXAM Energy has become an expert advisor on these matters. Notably, participation in a wind generation farm within the MAXAM grid generates more energy than that which is consumed throughout all of the Company's manufacturing facilities in Spain, and a edaphological land recovery project in the wasteland surrounding its facilities in the province of Burgos has given way to an incipient forest with more than 1.5 million trees.
FY2012 Results
The MAXAM Group closed its 2012 fiscal year -the 140th anniversary of its founding by Alfred Nobel in 1872- on March 31st with 1,088 M € (an increase of 10% compared to 2011) in profits and EBITDA of 116 M €.
Further information:
Lucas Ferreira
MAXAM
Communications Director
91 722 01 00
lferreira@maxam.net
MAXAM – www.maxam.net
MAXAM is a service and industrial group that operates on a global scale by developing, manufacturing and commercializing civil explosives and initiation systems for mining, quarries and construction; cartridges, shotgun shells and smokeless powder for hunting and sports use; and products for the defense industry. Additionally, MAXAM is a supplier of key raw materials for nitro chemical activity, generated for the company’s own internal needs as well as for sales to third parties. Finally, as a result of its drive towards innovative, sustainable development, MAXAM offers its clients a wide variety of solutions in the fields of safety and environmental conservation.
Founded by Alfred Nobel in 1872, MAXAM celebrated its 140th birthday in 2012 with a yearly turnover of approximately one billion euros and a presence in all of the major mining areas of the world, with production sites in over 45 countries, an active market presence in more than 100 others, and over 6500 employees spread across five continents.
MAXAM offers a complete range of products and services to the companies and markets where it operates and integrates safe, superior quality and high tech products with the most complete technical advice, contributing in this manner to the continuous improvement of the services given to its clients. The company’s vast international presence, respect for the environment, groundbreaking research and considerable philanthropic efforts demonstrate MAXAM’s status as a leading, active and committed company, engaged with the progress and development of the society and the environment that surrounds it.
The MAXAM Foundation
Founded by Alfred Nobel in 1872, MAXAM celebrated its 140th birthday in 2012 with a yearly turnover of approximately one billion euros and a presence in all of the major mining areas of the world, with production sites in over 45 countries, an active market presence in more than 100 others, and over 6500 employees spread across five continents.
MAXAM offers a complete range of products and services to the companies and markets where it operates and integrates safe, superior quality and high tech products with the most complete technical advice, contributing in this manner to the continuous improvement of the services given to its clients. The company’s vast international presence, respect for the environment, groundbreaking research and considerable philanthropic efforts demonstrate MAXAM’s status as a leading, active and committed company, engaged with the progress and development of the society and the environment that surrounds it.
The MAXAM Foundation
MAXAM Foundation is a non-profit organization that encompasses MAXAM sponsorship activities in the realm of culture, and within painting in particular. Moreover, the Foundation’s mission centers on the organization, preservation and dissemination of the historical heritage amassed by MAXAM since its founding in 1872 by Alfred Nobel. It also organizes activities for the promotion and achievement of objectives linked to civic, social, educational, scientific and technological research and development.
Its main areas of activity are:
Its main areas of activity are:
- The organization, protection and conservation of the Company’s historical heritage.
- The management of the MAXAM Painting Collection, founded in 1899, which each year provides the image for the company’s famous Explosives Calendars.
- The House of the Explosive at Asturias’s Museum of Mining and Industry (www.mumi.es).
- The MAXAM Chair of Explosives Technology at the Higher Technical School of Mining Engineers at the Polytechnic University of Madrid (UPM), through which the Foundation has established training agreements with universities around the world (Brazil, Bolivia, Spain, Finland, Hungary, Poland, Australia…), and through which engineering students can conclude their studies in Spain, and later begin their professional careers within some of MAXAM's ’international projects.
