News

Press release
Apr 4, 2018

Wieland expanding global production and service network to support customer growth

  • Wieland-Werke AG and Aurubis AG sign contract documents and reach a significant milestone towards the integration of Aurubis’ Flat rolled Products segment into the Wieland Group
  • Execution requires approval of anti-trust authorities

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Press release
Mar 26, 2018

Fiscal year 2016/17

Wieland posts record results and expects further profitable growth

In the fiscal year 2016/17 (1 October 2016 to 30 September 2017), the Wieland Group’s sales volume rose by 5 percent year-over-year to 485,000 tons. The main growth drivers were the sales markets in Europe and China. Due to strong market demand and a copper price level, total sales increased by 18 percent to 3.0 billion Euro (previous year: 2.5 billion Euro). The operating profit (EBITDA) reached a record level of 190 million Euro, an increase of 16 percent versus the previous year (164 million Euro). The improvement was driven by a higher value-added product mix, increased sales volume as well as operational efficiency gains. The development of foreign currencies, in particular the declining USD, impacted results negatively.

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Press release
Feb 12, 2018

The acquisition of the flat rolled products division of Aurubis positions the Wieland Group as a global partner for its
customers

  • Partners signed binding term sheet
  • Acquisition will require approval of anti-trust authorities
  • Global business growth driven by digitalization, connectivity and mobility trends

Wieland and Aurubis signed a binding term sheet with the objective to integrate the global business unit Flat Rolled Products from Aurubis into to the Wieland Group. Following the completion of the sale and purchase agreement in the next few weeks, the proposed transaction will require clearance from several antitrust authorities.

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Investment in new slitting line Investment in new slitting line
Press release
Jan 8, 2018

Wieland strengthens its service offering for customers in the automotive and electronics industry

Investment in new slitting line

With an investment of EUR 6.5 million in a new slitting line at the Langenberg site (Germany), Wieland is expanding its finishing capacity and addressing the increasing demand for thin gauge strip of high-performance alloys and tinned materials.

With this investment, in close alignment with its customers growth plans, Wieland is further strengthening its position as a global service leader for thin gauge copper alloy strip in the automotive and electronics industry.

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Nov 16, 2017

Metal premiums 2018

Through long-term contracts with metal producers and traders operating on a global scale, the Wieland Group ensures a reliable metal supply to its customers.

The current development of the metal markets requires an adjustment of the metal premiums.

For deliveries made from 1 January 2018, the metal premiums will change as follows:

Copper: + 6 US dollars per ton

Zinc: + 10 US dollars per ton

Tin: + 25 US dollars per ton

Nickel: + 170 US dollars per ton

Lead: + 30 US dollars per ton

Aluminium: + 30 US dollars per ton

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