Jumag Dampferzeuger GmbH
Jumag Dampferzeuger GmbH in Hirschberg near Mannheim has been developing, producing and selling oil and gas-fired steam generators for over 40 years. The company is characterized by innovative strength, its own patents and a competent development and service team.
JUMAG, which specializes in efficient steam boilers, chose Abacus alpha because the collaboration was based on trust and long-term goals right from the start. Thanks to Abacus alpha, JUMAG can tap into new business areas and expand the range of customer industries. They also benefit from synergies, for example in purchasing. Abacus alpha enables JUMAG to pursue long-term plans and grow strategically, while the partnership-based cooperation and in-depth understanding of medium-sized companies create an ideal basis for future development.
Industry sector: Mechanical engineering
Foundation: 1990
Degree of participation: Majority shareholding
Participation event: Succession
Time of the investment: February 2019
Lars Gehlen Managing Director Jumag Dampferzeuger GmbH