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HomeGermanyScreens Major JOEST Acquires Mogensen Assets in Germany, Sweden and Spain

Screens Major JOEST Acquires Mogensen Assets in Germany, Sweden and Spain

The JOEST group, based in Duelmen, Germany, a worldwide leading supplier of vibrating screens for mining as well as other solutions for bulk material handling with over 1,000 employees, is taking over Mogensen GmbH & Co. KG in Wedel, as well as Fredrik Mogensen AB based in Hjo, Sweden, and Allgaier Mogensen S.L.U. in Madrid. It does not include Mogensen in the UK which is a division of Grantham Engineering.

Mogensen was previously part of the Allgaier Group, headquartered in Uhingen, a former company of the former employer association President Dr Dieter Hundt. Difficulties in the automotive industry forced the Allgaier Group to file for insolvency in summer 2022 and 90% of its shares were sold to Westron Group before it filed for insolvency again in 2023.

“The product range featuring screening, sorting and washing solutions for the recycling, animal feed, food, chemical and pharmaceutical industry complements the strategic focus of the JOEST group,” stated Hans Dr Moormann and Dr Marcus Wirtz, Managing Partners of the JOEST group.

Especially, the Mogensen Sizer (MSizer) is worldwide known for its unique screening technology which has markets in minerals and mining as well as downstream products like alumina. The MSizer compact, extend and giant models set a new standard for screening bulk materials. The units differ in the screen deck length and are all available in working widths of 0.5, 1.0, 1.5, 2.0 and 3.0 metres. The MSizer compact is driven by one vibration motor and generates an elliptical movement to screen incoming material. The MSizer extend and giant are set into linear movement by two vibration motors.

The companies acquired by the JOEST group will continue to operate as independent entities, with all 140 employees retained. The locations both domestically and internationally will be continued unchanged. Overall, the JOEST group achieves a turnover of €180 million and employs around 1,150 people worldwide.

Source : IM

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