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- Magotteaux aims to be the leading global provider of differentiated solutions for optimizing wear mechanisms. This is and will be achieved by developing, manufacturing, and marketing products, services and systems that optimize the industrial customers’ comminution processes (crushing, grinding, shredding) worldwide. This involves in-house development, in-house manufacturing and commercialization by its own sales force of all differentiated products that can help optimize customers’ needs.
- Magotteaux’s primary focus is to capitalize on its own research and development capabilities, stretch and leverage internal production know-how and global coverage and continue selling solutions through the internal specialized sales force who are educated on customer process knowledge.
- This involves in-house development, in-house manufacturing and commercialization by its own sales force of all differentiated products that can help optimize customers’ needs. Magotteaux’s primary focus is to capitalize on its own research and development capabilities, stretch and leverage internal production know-how and global coverage and ;continue selling solutions through the internal specialized sales force who are educated on customer process knowledge.
- The Group will focus on attractive products and segments of the market where it can defend a position of market leader through a clear differentiation strategy.
- For non-differentiated products, where customers want a one-stop shop approach, selective outsourcing of commodity products is possible as well.
- Magotteaux prides itself on creating shareholder value in a socially and environmentally responsible way.
- The main Group values that support these ambitions are: respect, innovation, speed of execution, open communication and team work.
- The Group strategy translates into 5 key business objectives:
- Monetize the superior technical skills and know-how of Magotteaux.
- Increase Magotteaux’ “natural” market share in differentiated segments in Asia.
- Speed-up Lean innovation and subsequent roll-out.
- Expand in mature markets when compliant with its gross margin and ROCE targets.
- Continue leveraging the Lean Manufacturing