Company Story
1819 - Founding of the company as a small mechanical workshop in the Netherlands
1900 - Expansion of the company into the production of textile machinery
1920 - Diversification into the production of electrical components
1950 - Introduction of the first electromagnetic brakes
1960 - Listing on the Amsterdam Stock Exchange
1980 - Acquisition of several companies, expanding the company's product portfolio
1990 - Introduction of the first industrial brakes with electronic controls
2000 - Expansion into the Asian market with the establishment of a subsidiary in China
2010 - Acquisition of the German company, Grunwald GmbH, expanding the company's presence in the industrial brakes market