Optimism abounds at MPC Ferrostaal

Germany – In Germany, MPC Industries has taken over Ferrostaal AG, and future activities will take place under the rebranded name MPC Ferrostaal GmbH.

The Ferrostaal executive board will be headed jointly by John Benjamin Schroeder (responsible for the Americas) and Klaus Lesker (responsible for Asia Pacific and Africa). The new executive board of MPC Ferrostaal will continue to operate and expand the core business areas with the divisions Plant Construction (Power & Renewables, Petrochemical Industry, Oil & Gas) and Industrial Services (Equipment Solutions and Automotive).

Mr Schroeder and Mr Lesker comment: ‘The pleasing volume of incoming orders since the beginning of the year, and a number of promising projects with old and new business partners which are about to be concluded, provide every reason to look optimistically to the future at the start of the new era.’

The majority owner of MPC Industries GmbH is Axel Schroeder senior, together with his sons John Benjamin Schroeder and Axel Schroeder, who are also the sole shareholders of the MPC Group, Hamburg. A minority share in MPC Industries GmbH is held by an investor group centred around Commodore Constructing Co. of Abu Dhabi.