In the presence of the Minister of Economics of Bavaria, Mr. Albert Füracker, and the mayor of the city of Amberg, Mr. Michael Cerny, Luitpoldhutte celebrated its 140 years of existence and tradition in the cast iron production sector.

It was an opportunity to look back on the history of the factory but also to talk about the new challenges and developments that are coming its way: continuing to improve productivity by
automating production processes ever more, retaining and motivating members staff in key positions, reduce energy bills, reduce our environmental footprint in terms of noise, air and water pollution, and CO2 emissions.

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In early September, Anglo Belgian Corporation (ABC) launched the 2nd engine type in the EVOLVE Series: the 20EV23.

With the introduction of the new EVOLVE 20EV23, our subsidiary opens a new route towards a green future for maritime transportation and navy applications.

The 20EV23 is the first multi-fuel medium speed engine to face the transition from fossil-based to zero-carbon with a very low weight combined with high maximum power.

Watch the launch of the EVOLVE 20EV23:

LinkedIn: link
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YouTube – launch EVOLVE 20EV23: link
YouTube – after movie SMM Hamburg: link

Website – launch EVOLVE 20EV23: link
Website – after movie SMM Hamburg: link

Both companies – innovative players in the field of engines that work on renewable fuels such as hydrogen and methanol – are paving the way for the energy transition, a theme that will be a hot topic in the years to come and will ensure growth in the activities. In this acquisition, synergies and complementarity are the key words.
For more information ? https://www.abc-engines.com/en/news/abc-acquires-e-van-wingen

The share capital of Focast Lüneburg was increased by 3 million euros and the one of Focast Châteaubriant by 3.097.000 EUR.

This influx of fresh money was decided to support our two subsidiaries in their investment process aimed at modernizing their production units.

At Europort in Rotterdam, ABC unveiled the first member of its new product family: a compact and powerful 4-cylinders medium speed engine, capable of operating with both traditional fuels and those of the future. Read more →

Pegard hotel will open its doors on Friday October 1^st. Its special feature is that it occupies part of the premises of Pegard Productics, our factory still active in the field of precision machining and this for almost a century. Read more →

On December 17th 2020, ABC acquired a site of 50,000 m² with production halls and offices. It concerns half of the site called “Vynckier” and is adjacent to the current ABC site. The activities on this site will focus on energy transition, e.g. wind energy, solar panels, heat grid, energy storage via hydrogen production, etc and the interaction between different sources of energy. Read more →

The capital of our holding company was increased to 100 million euros. The capital increase took place through the contribution in kind of the companies Procoki and Kadimat for an amount of 40,609,000 euros and through the incorporation of the retained earnings and part of the legal reserves for an amount of 9,391,000 euros. The transaction did not lead to the issue of new shares.