Stork B.V.

Stork B.V.

Stork B.V. is a Dutch manufacturing and service providing company with its headquarters in Naarden. It was founded in 1868 by Charles Theodoor Stork, although in the 20th century the company merged other companies some, including Werkspoor, founded in 1827 as Nederlandse Fabriek van Werktuigen en Spoorwegmaterieel. Stork has two operating companies: Fokker Aerospace Group and Stork Technical Services. Stork Aerospace designs, develops and produces advanced structures and electrical systems for the aerospace and defence industry and supplies integrated maintenance services and products to aircraft owners and operators. The Aerospace group carries out these activities with 3,532 employees. Stork Technical Services is a supplier of integrated technical services for installations and machines in the industrial market. The group, which consists of the Industry Services and Industry Specialists strategic units, achieved a turnover of € 1,089 million in 2007 with 9,320 employees, out of the total Stork turnover of € 2.2 billion.

Stork N.V. bought the parts manufacturing and aircraft servicing divisions of Fokker at the time of its bankruptcy and formed Stork Aerospace.

On 24 November 2010, Stork NV announced the sale of their Materials and Testing group to 3i Group plc.

The company agreed to a €1.5 billion takeover by a consortium led by British buyout firm Candover on 28 November 2007.[1] As part of the deal, Stork's food systems unit was sold on in May 2008 to Marel Food Systems, an Icelandic firm controlled by Landsbanki Íslands and Eyrir Invest.[2] The consortium delisted Stork from the Amsterdam Stock Exchange on 19 February 2008, having obtained around 98% of the company's shares by mid-January.[3]

References

  1. ^ Molenaar, Jeroen (28 November 2007). "Candover-Led Group to Buy Stork for EU1.5 Billion". Bloomberg. http://www.bloomberg.com/apps/news?pid=20601087&sid=anl3yj0V2pCM&refer=home. Retrieved 2007-11-28. 
  2. ^ "Sale of Stork Food Systems completed" (Press release). Stork B.V.. 8 May 2008. http://www.stork.nl/page.html?ch=DEF&id=4875&pr=200805/1217703. Retrieved 2008-07-09. 
  3. ^ Kreijger, Gilbert (22 January 2008). "Consortium plans to delist Stork shares in Feb". Reuters. http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSWEB269720080122. Retrieved 2008-02-01. 

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Look at other dictionaries:

  • Stork — Stork, n. [AS. storc; akin to G. storch, OHG. storah, Icel. storkr, Dan. & Sw. stork, and perhaps to Gr. ? a vulture.] (Zo[ o]l.) Any one of several species of large wading birds of the family {Ciconid[ae]}, having long legs and a long, pointed… …   The Collaborative International Dictionary of English

  • STORK — (Heb. חֲסִידָה, ḥasidah). The stork, the Ciconia ciconia, has been identified with the ḥasidah, enumerated among birds forbidden as food (Deut. 14:18). According to the Talmud it derives its name ( the kindly ) from the fact that it shows… …   Encyclopedia of Judaism

  • Stork — Gemeinde Flieden Koordinaten: 50° …   Deutsch Wikipedia

  • stork — [stôrk] n. pl. storks or stork [ME < OE storc, akin to Ger storch < IE * sterg < base * (s)ter , stiff > STARE: so named from its stiff legged walk] any of a family (Ciconiidae) of large, long legged, mostly Old World wading birds… …   English World dictionary

  • stork — O.E. storc, related to stear stiff, strong (see STARK (Cf. stark)), from P.Gmc. *sturkaz (Cf. O.N. storkr, M.Du. storc, O.H.G. storah, Ger. Storch stork ). Perhaps so called with reference to the bird s stiff or rigid posture. But some connect… …   Etymology dictionary

  • Stork — Stork, 1) Abraham, geb. um 1650 in Amsterdam, Maler; malte Seestücke, in welchen er die Natur treu nachahmte. 2) Philipp Adam, geb. 1780 in Traben an der Mosel; wurde Lehrer an der Handelsschule zu Hagen in der Grafschaft Mark, 1810 Director… …   Pierer's Universal-Lexikon

  • Störk — Störk, Anton von S., geb. 1741 in Sulzgau, war Leibarzt, Protomedicus von Österreich, Präsident des medicinischen Studienraths, erster Director des allgemeinen Krankenhauses in Wien u. starb 1803. Er machte sich verdient um die Bestimmung der… …   Pierer's Universal-Lexikon

  • Störk — Störk, 1) Karl, Mediziner, geb. 17. Sept. 1832 in Ofen, gest. 13. Sept. 1899 in Hietzing bei Wien, studierte in Pest und Wien, wurde 1859 Sekundärarzt am Allgemeinen Krankenhaus in Wien, habilitierte sich 1864 an der Universität und wurde 1875… …   Meyers Großes Konversations-Lexikon

  • stork — [sto:k US sto:rk] n [: Old English; Origin: storc] a tall white bird with long legs and a long beak …   Dictionary of contemporary English

  • stork — [ stɔrk ] noun count a large bird with long legs and a long beak, said to bring people their new babies …   Usage of the words and phrases in modern English

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