SMS GROUP GMBH

History

Year	Detail
1871	Carl Eberhard Weiss founded a small forging business in Siegen with three employees. The company produced all kinds of pushcarts, special carts for brickyards and quarries, and sack trucks.
1914-1916	Maschinenfabrik Karl Weiss acquired Siegen-based machine factories Hoffmann and Oechelhäuser.
1918	The three machine factories Weiss, Oechelhäuser, and Hoffmann merged to form Siegener Maschinenbau AG.
1926	Mannesmann acquired Maschinenfabrik und Eisengiesserei Meer in Mönchengladbach, which focused on producing compressors, water pumps, and steam engines.
1972	Mannesmann acquired shares in Demag and merged Meer's tube technology, foundry, and powder metallurgy business units with Demag's hydraulic systems and tube technology divisions into one company.
1999	SMS Schloemann-Siemag AG got merged with Mannesmann Demag Metallurgie, and the tube and copper plants business unit was spun off as SMS Meer GmbH.
2003-2007	The Weiss family acquired the shares in M.A.N. through the family holding company and became the sole owner of SMS group.
2015	SMS Siemag AG and SMS Meer GmbH were merged to form SMS group GmbH. This merger was part of a broader strategy by SMS Group to improve efficiency and consolidate its activities, particularly in the steel and non-ferrous metals industry SMS group.
2020	Noodle.ai and SMS Digital launched an AI-fueled application, MPV (Mechanical Properties Variability), for the steel industry. The application utilizes artificial intelligence and machine learning to create a unique 'sense, predict, and recommend' framework that addresses challenges associated with the variability of mechanical properties in steel production.
2022	JSW Steel, the flagship company of the JSW Group, signed a memorandum of understanding (MOU) with SMS group to explore multiple solutions and R&D projects to reduce carbon emissions in its iron and steel-making operations in India.
2023	SMS group and SAIL signed a memorandum of understanding (MoU) for developing processes to decarbonize steel production in SAIL’s plants.
2025	SMS group and Ansteel Group signed a memorandum of understanding (MoU) to deepen cooperation in products, technologies, and projects to advance and innovate green steel technologies, thereby supporting the sustainable development of the global steel industry.