Originally a metal shop, which opened in 1895, today Dürr AG is a mechanical and plant engineering company, located in Stuttgart, Germany. Known as Duerr AG in English, the company has enjoyed prosperous partnerships with most major automobile manufacturers. Duerr AG has greatly diversified over the years, branching out into the chemical, pharmaceutical and woodworking industries. Duerr AG expanded outside of Europe in the 1960s, creating subsidiaries in Brazil and Mexico. Despite being located physically in Stuttgart, the company is registered in Bietigheim-Bissingen.
Duerr AG stock, ticker symbol DUE.DE, has been traded on the Frankfurt Stock Exchange since 1990. DUE.DE is also part of numerous indices, including the MDAX mid-cap. The company stock can also be found on the Prime All Share, LMDAX, BX Swiss – EMEA and many more.
The rapid expansion of Duerr AG’s offering has been rather remarkable. The company’s reach is massive, with involvement in robotic technologies, testing and filling technology, air purification systems, and woodworking machinery. Duerr AG’s impressive offerings are partially due to acquisitions, the most notable being the purchase of HOMAG Group AG in 2014.
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