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The company was founded by İbrahim Bodur (1928–2016) in 1956 to produce ceramics. [1] In later years, the company entered in metal tools industry in 1969, [2] chemical products industry in 1975, [3] equipment trading in 1978, [4] hardware, machinery and power tools trading, [5] and defense industry. [6]
In 2017, Cinven sold the CeramTec group of companies to funds advised by private equity investor BC Partners and other co-investors for a purchase price of EUR 2.6 billion. In spring 2021, the CeramTec Group acquired the Swiss specialist for ceramic dental implants, Dentalpoint AG (today CeramTec Schweiz GmbH).
CUMI-1954. CUMI was established as a result of diversification from banking business through cycle manufacturing with the intent to manufacture abrasive materials.CUMI's parent company, the Murugappa Group, made a tie up with the Carborundum, UK, a subsidiary of American abrasive manufacturer, Carborundum, USA and the Universal Grinding Co. Ltd., UK in 1950.
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The group supplies products to manufacturing companies in the automotive industry, the aerospace sector, telecommunications, the chemical industry, medical technology and the steel industry. [36] A main business unit of the Heraeus Group is the production and processing of precious metals (e.g. platinum, gold, silver).
Rank Country/Region Platinum production (kilograms) Year World 180,000 2019 1: South Africa: 130,000 2019 2: Russia: 22,000 2019 3: Zimbabwe: 15,000 2019 4: Canada
Murugappa Group is an Indian conglomerate founded in 1900 by A. M. Murugappa Chettiar. [ 4 ] [ 5 ] The Group has 29 businesses including 10 companies listed on the NSE and the BSE .
Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995, headquartered in Beverly Hills, California. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia.