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SIG Group
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SIG Group
SIG Group AG is a Swiss multinational corporation and one of the biggest manufacturers in the packaging industry.
Originally founded 1853 as a railway car producer named Schweizerische Waggonfabrik ("Swiss Wagon Factory"), it was renamed SIG (Schweizerische Industrie Gesellschaft, German for Swiss Industrial Company; in French, as Société Industrielle Suisse; and, in Italian, as Società Industriale Svizzera) a decade later, after it had won a contract for the production of firearms by the Swiss government.
The SIG Group shares are listed on SIX Swiss Exchange and are a component of the SMI MID index. The industrial site at the headquarters in Neuhausen am Rheinfall is located directly on the Rhine Falls. Built at this location in 1853 for the use of hydroelectric power, the site was transferred to the SIG Charitable Foundation in 2011.
In order to address the volatility of the railway vehicle and firearms businesses, SIG started to produce packaging machinery starting from 1906 as a third main business area. The machines were produced at SIG in Neuhausen on behalf of the patentee of a "folding box" die-fold system, a co-founder of SAPAL (Société Anonyme des Plieuses Automatiques). Most of SIG's earlier packaging equipment efforts were focused on small dry food items such as chocolates and candy. The first packaging machines were delivered to Swiss chocolate manufacturers. In 1921, SIG started to construct its own packaging machines.
1956 SIG launched its first continuous flow wrapping machine. 1964 the business unit moved to Beringen where it had built a new factory. By 1981, it was producing 60 models of packaging machines.
In 1989, through the acquisition of PKL from Linnich, Germany, SIG entered the field of aseptic carton liquid packaging, later known as SIG Combibloc.
In 2000, SIG started to focus on food and beverage packaging technology. At that time, SIG already ranked as the second-largest manufacturer in the world, after Tetra Pak, of cardboard composites for fluids packaging. Motion control specialist SIG Positec, which was mostly successful on the German, Swiss and Italian markets, was sold to Schneider Electric in the same year for €195 million. With this, SIG divested its automation division. Management directed revenues from the sales of SIG Sauer and Rocktools to acquire global businesses, including Krupp Kunstofftechnik (Corpoplast, Blowtec, and Kautex brands) and HAMBA in Germany; Ryka Blow Molds in Canada; and a substantial portion of the Italian conglomerate SASIB. The food-related (dry) businesses were organized under the SIG Pack division, while the beverage-related (wet) businesses formed SIG Beverages. Aseptic liquid packaging remained separate under SIG Combibloc.
The former SASIB wet businesses Simonazzi, Alfa and Meyer/Mojonnier were sold to Tetra Laval in 2005, while HAMBA, Kautex and Blowtec were sold separately to private investor groups. The food packaging businesses were sold to Robert Bosch Verpackungstechnik in 2004. The former SASIB dry unit Stewart Systems (bakery products) was sold to UCA Group in 2004. Laser-guided vehicle manufacturer Elettric 80, part of the 1999 SASIB acquisition, was sold back to its original Italian owners in 2004.
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SIG Group
SIG Group AG is a Swiss multinational corporation and one of the biggest manufacturers in the packaging industry.
Originally founded 1853 as a railway car producer named Schweizerische Waggonfabrik ("Swiss Wagon Factory"), it was renamed SIG (Schweizerische Industrie Gesellschaft, German for Swiss Industrial Company; in French, as Société Industrielle Suisse; and, in Italian, as Società Industriale Svizzera) a decade later, after it had won a contract for the production of firearms by the Swiss government.
The SIG Group shares are listed on SIX Swiss Exchange and are a component of the SMI MID index. The industrial site at the headquarters in Neuhausen am Rheinfall is located directly on the Rhine Falls. Built at this location in 1853 for the use of hydroelectric power, the site was transferred to the SIG Charitable Foundation in 2011.
In order to address the volatility of the railway vehicle and firearms businesses, SIG started to produce packaging machinery starting from 1906 as a third main business area. The machines were produced at SIG in Neuhausen on behalf of the patentee of a "folding box" die-fold system, a co-founder of SAPAL (Société Anonyme des Plieuses Automatiques). Most of SIG's earlier packaging equipment efforts were focused on small dry food items such as chocolates and candy. The first packaging machines were delivered to Swiss chocolate manufacturers. In 1921, SIG started to construct its own packaging machines.
1956 SIG launched its first continuous flow wrapping machine. 1964 the business unit moved to Beringen where it had built a new factory. By 1981, it was producing 60 models of packaging machines.
In 1989, through the acquisition of PKL from Linnich, Germany, SIG entered the field of aseptic carton liquid packaging, later known as SIG Combibloc.
In 2000, SIG started to focus on food and beverage packaging technology. At that time, SIG already ranked as the second-largest manufacturer in the world, after Tetra Pak, of cardboard composites for fluids packaging. Motion control specialist SIG Positec, which was mostly successful on the German, Swiss and Italian markets, was sold to Schneider Electric in the same year for €195 million. With this, SIG divested its automation division. Management directed revenues from the sales of SIG Sauer and Rocktools to acquire global businesses, including Krupp Kunstofftechnik (Corpoplast, Blowtec, and Kautex brands) and HAMBA in Germany; Ryka Blow Molds in Canada; and a substantial portion of the Italian conglomerate SASIB. The food-related (dry) businesses were organized under the SIG Pack division, while the beverage-related (wet) businesses formed SIG Beverages. Aseptic liquid packaging remained separate under SIG Combibloc.
The former SASIB wet businesses Simonazzi, Alfa and Meyer/Mojonnier were sold to Tetra Laval in 2005, while HAMBA, Kautex and Blowtec were sold separately to private investor groups. The food packaging businesses were sold to Robert Bosch Verpackungstechnik in 2004. The former SASIB dry unit Stewart Systems (bakery products) was sold to UCA Group in 2004. Laser-guided vehicle manufacturer Elettric 80, part of the 1999 SASIB acquisition, was sold back to its original Italian owners in 2004.
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