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HI Pronounced [feev] www.fivesgroup.com


FIVES !


FIVES is proud to announce the acquisition of MAG Americas and its international brands Cincinnati, Giddings & Lewis and Liné Machines.


FIVES is an industrial engineering group with over 200 years of history. FIVES manufactures machines, processing equipment, production lines and turnkey plants for the biggest global companies of the aluminium, steel, glass, cement, automotive, logistics, energy and sugar industries.


The acquisition of the world-renowned brands Cincinnati, Giddings & Lewis and Liné Machines confirms the growth strategy of FIVES in the sector of high-performance industrial equipment.


Ever since their creation in 1859 for Giddings & Lewis and 1884 for Cincinnati, these brands have been icons of the American machine tool industry.


1000 professionals in 5 countries will join the 6500 employees of FIVES, bringing their expertise in high-precision machine tools and high performance composite processing machines.


In addition to these skills, this acquisition will also contribute its 400 million dollars turnover to the Group, bringing FIVES total annual turnover to close to 2 billion euros by the end of the year.


The personnel of MAG Americas are joining the industrial success story of FIVES, famous since 1812 for works such as the Alexandre III bridge or the lifts of the Eiffel tower in Paris.


With this acquisition, FIVES confirms its role as leader among the industrial greats of the world of tomorrow. Designing today the plants of the future


@lachoseparis


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