KSB AG Value Stock - Dividend - Research Selection
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Description of the company
KSB SE & Co. KGaA (until January 17, 2018: KSB Aktiengesellschaft) emerged on January 1, 1888 by conversion from the 1871 founded company Frankenthaler Maschinen & Armaturenfabrik Klein, Schanzlin & Becker. The company is registered in the commercial register of the district court Ludwigshafen am Rhein under number HRB 65657. The registered office of our company is Frankenthal / Pfalz; Branches are located in Bremen, Halle and Pegnitz. The articles of association of the company are the manufacture, sale and trade of machines, plants and other industrial products, in particular pumps, valves and compressors.
KSB SE & Co. KGaA, as the parent company, directly or indirectly holds the shares in the companies belonging to the KSB Group. Out of this, the KSB Group is managed. It is also the largest operating company of the group. The central administration is located at the registered office of the company in Frankenthal.
KSB SE & Co. KGaA is affiliated to the three service companies KSB Service GmbH, Frankenthal, KSB Service GmbH, Schwedt and Uder Elektromechanik GmbH, Friedrichsthal, through a domination and profit and loss transfer agreement. These are thus subject to the uniform management of KSB SE & Co. KGaA. Their annual results are taken over by KSB SE & Co. KGaA. In addition, there is a sales, trade and corporation tax affiliation with KSB SE & Co. KGaA.
At the largest production site of KSB SE & Co. KGaA in Frankenthal, the profit centers produce engineered pumps, standard pumps, standard fittings and submersible-motor pumps, primarily for industrial and energy technology. The second largest location is Pegnitz with its profit centers Standard Pumps, Standard Systems, Engineered Fittings and Foundry. Here is manufactured especially for the industrial and building engineering. At the Halle site, the profit center for water management technology produces mainly for the market segments of water and wastewater.