- CEO
- Matthias Rey
- Full Time Employees
- 983
- Sector
- Industrials
- Industry
- Conglomerates
- Address
- Industriestrasse 66 Zug Switzerland 6302
- IPO Date
- Sep 6, 2022
- Business
- Metall Zug AG is a Swiss industrial holding company engaged primarily in the development, production, and distribution of electrical appliances and devices across several business segments. Its core segments include Household Appliances, Medical Devices, Infection Control, Wire Processing, and Technology Cluster & Infrastructure. Metall Zug's Household Appliances segment develops and markets kitchen and laundry appliances, mainly under the V-ZUG brand; the Medical Devices segment focuses on diagnostic and surgical products, particularly in ophthalmology and microsurgery, through its subsidiary Haag Streit Holding AG; the Infection Control segment provides sterilization and hygiene equipment for hospitals, pharmaceutical institutions, and laboratories, notably through its joint venture SteelcoBelimed; the Wire Processing segment offers cable processing machines, test systems, software, and related services; and the Technology Cluster & Infrastructure segment manages and develops real estate and infrastructure projects primarily in Zug, Switzerland.
Founded in 1887 and headquartered in Zug, Switzerland, Metall Zug operates internationally with significant business activities in Europe, the Americas, and Asia-Pacific regions. Its subsidiaries include prominent companies such as V-ZUG AG, Haag Streit Holding AG, Belimed AG, Schleuniger Holding AG, and others, which collectively support its diverse portfolio in manufacturing and technology services.
In recent developments, Metall Zug completed a strategic joint venture with Miele in June 2024, merging Belimed with Steelco to form SteelcoBelimed, a top-three global provider of washers and sterilizers, in which Metall Zug holds a 33% stake. This move generated a substantial one-time gain and positioned the company strongly in infection control worldwide. The Medical Devices division launched a significant product offensive with the introduction of the new Metis surgical microscope, reinforcing its focus on ophthalmology. Additionally, Metall Zug continues to invest heavily in research and development and real estate projects, including new headquarters and production sites for its subsidiaries. The company is also pursuing strategic refocusing and digitalization initiatives within its service companies to enhance operational efficiency and market leadership.
Overall, Metall Zug AG maintains a diversified portfolio spanning industrial and healthcare technology sectors with a clear strategic orientation towards innovation, market expansion, and sustainable operations across its global footprint. Its recent strategic partnerships and product launches underscore a focus on long-term growth and strengthening core market positions.