Fortec Elektronik AG

Fortec Elektronik AG (written FORTEC) is a German publicly listed technology company headquartered in Germering, Bavaria. It operates as a group that supplies electronic components and integrated systems in three closely related high-tech fields: Display Technology, Embedded Systems and Power Supplies. According to its own description, FORTEC is the only company in its market able to combine know-how across these three areas into integrated solutions, offering a full spectrum of services that ranges from pure distribution through development and production to complete solutions for the Industry 4.0 era. The group markets itself with the slogan "BIG ENOUGH TO COMPETE – SMALL ENOUGH TO CARE." The company was founded in 1984 and originally developed as a distributor of electronic components. Over the decades it gradually transformed into a provider that also covers development, production and system solutions. Its shares have been listed since May 1990 and are quoted in the CDAX. In the 1990s FORTEC expanded into power supplies (from 1992) and display solutions (from 1995); entry into embedded computing followed later through an acquisition. From 2000 onward the company pushed internationalization through participations and acquisitions, and from 2007 it also built up its own development and manufacturing of custom power supply solutions. A key step in the data visualization segment was the entry into Data Display: in 2014 FORTEC acquired 50% of the company, followed by full takeover in 2016. Today FORTEC operates through two segments with clear strengths: Power Supplies and Data Visualisation (display technology and embedded). The Power Supplies segment serves markets including safety and defence, automation and measurement/control/regulation technology, medical technology and communication technology, and rail transport and signalling technology. The Data Visualisation segment serves automation and robotics, medical and measurement/control technology, and safety technology. The group emphasizes consulting know-how, flexibility and speed, and has developed its own flexible hardware and software development as well as complex manufacturing processes such as VacuBond. Since 1 April 2020 the operating business has been conducted through subsidiaries. FORTEC Elektronik AG has since acted essentially as a holding company. The Display Technology & Embedded product area was transferred to the subsidiary FORTEC Integrated GmbH, and the Power Supplies product area to FORTEC Power GmbH. The group reports 42 years of experience and market presence, 10 locations worldwide, around EUR 80 million in revenue and 236 employees worldwide. It is a listed stock corporation with a dual leadership structure: a two-member Management Board is responsible for managing the company, while a three-member Supervisory Board appoints, supervises and advises the Management Board. The Management Board members named on the company's website are Michael Spatny and Henrik Christiansen. FORTEC's locations include Germering (headquarters of Fortec Elektronik AG and Distec GmbH), Cologne (branch of Distec GmbH), Eisenach (Distec GmbH), Riedstadt (Emtron electronic GmbH), Sachsenheim (branch of Fortec Elektronik AG), Pilsen (Alltronic elektronische Baugruppen und Komponenten, GmbH), Vienna (branch of Emtron electronic GmbH), Würenlos (ALTRAC AG), Huntingdon (Display Technology Ltd) and Ronkonkoma (Apollo Display Technologies).

Fortec Elektronik AG was founded in 1984 and developed from a distributor of electronic components step by step into a provider that, alongside distribution, also covers development, production and system solutions. The company is headquartered in Germering, Bavaria. The initial public offering took place in May 1990. In the 1990s FORTEC expanded its business, among other things into power supplies (from 1992) and display solutions (from 1995). Entry into embedded computing followed later through an acquisition. From 2000 onward the company drove internationalization through participations and acquisitions, and from 2007 it also built up its own development and manufacturing of custom power supply solutions. An important step in the data visualization segment was the entry into Data Display: in 2014 FORTEC initially acquired 50% of the company, and in 2016 the full takeover followed. Over the years FORTEC transformed from a trading company into a system supplier for manufacturers of industrial high-tech products, covering everything from pure distribution through development and production to complete solutions, with consulting know-how, flexibility and speed at the forefront. Today FORTEC occupies three attractive high-tech product areas: Display Technology, Embedded Systems and Power Supplies. These fast-growing product areas interlock technically and reach the same target customer group. FORTEC generates additional value through the system integration of these individual components into complete subsystems. The competence areas of distribution, development, production and assembly of customer-specific solutions are reflected in the company's two segments: Power Supplies and Data Visualisation (display technology, embedded). Since 1 April 2020 the operating business has been conducted through subsidiaries. The Display Technology & Embedded product area was transferred to the subsidiary FORTEC Integrated GmbH, and the Power Supplies product area to the subsidiary FORTEC Power GmbH. FORTEC Elektronik AG has since acted essentially as a holding company. The group states 42 years of experience and market presence, 10 locations worldwide, around EUR 80 million in revenue and 236 employees worldwide. It is a listed stock corporation with a dual leadership structure: a two-member Management Board responsible for managing the company and a three-member Supervisory Board that appoints, supervises and advises the Management Board. The Management Board members named on the website are Michael Spatny and Henrik Christiansen. Group locations include Germering (headquarters of Fortec Elektronik AG and Distec GmbH), Cologne (branch of Distec GmbH), Eisenach (Distec GmbH), Riedstadt (Emtron electronic GmbH), Sachsenheim (branch of Fortec Elektronik AG), Pilsen (Alltronic elektronische Baugruppen und Komponenten, GmbH), Vienna (branch of Emtron electronic GmbH), Würenlos (ALTRAC AG), Huntingdon (Display Technology Ltd) and Ronkonkoma (Apollo Display Technologies).

• 2020

  From 1 April 2020 operating business conducted through subsidiaries; FORTEC Elektronik AG acts essentially as a holding company.

• 2016

  Full takeover of Data Display.

• 2014

  FORTEC acquired 50% of Data Display.

• 2007

  Own development and manufacturing of custom power supply solutions built up.

• 2000

  Internationalization driven through participations and acquisitions.

• 1995

  Business expanded into display solutions.

• 1992

  Business expanded into power supplies.

• 1990

  Initial public offering in May 1990.

• 1984

  Fortec Elektronik AG founded.

Leading provider of individual components and systems in Display Technology, Embedded Systems and Power Supplies, able to combine this know-how into integrated solutions; positioned as a system supplier for industrial high-tech device manufacturers, from distribution through development and production to complete solutions.

• TFT display solutions

  Custom product developments, adaptations and finishing, from individual parts to finished products.

• Embedded single-board computers

  Part of the broad embedded portfolio.

• Industrial motherboards

  Part of the embedded systems offering.

• Panel PCs and industrial PCs

  Part of the embedded systems offering.

• 19-inch servers

  Part of the embedded systems offering.

• Board/TFT display kit solutions

  Combined board and display kit solutions.

• Power supplies

  For industrial, medical and transport technology applications, with more than 100 years of combined user experience among the power supply experts.

1. 1Home - Groupfortecag.de
2. 2Storyfortecag.de
3. 3Produkte & Servicesfortecag.de
4. 4AGB/RMAfortecag.de
5. 5Fortec Elektronikde.wikipedia.org
6. 6Wikidata Q1282597wikidata.org