Aktiengesellschaft | |
Traded as | : B5A |
Industry | Construction, engineering |
Founded | 1790 |
Headquarters | Schrobenhausen, Germany |
Key people
|
Thomas Bauer (CEO and chairman of the management board), Klaus Reinhardt (Chairman of the supervisory board) |
Products | Foundation engineering and construction; machinery and equipment for foundation engineering, mining and environmental technology |
Revenue | €1.396 billion (2016) |
Number of employees
|
10,771 (average, 2016) |
Website | www.bauer.de |
BAUER Aktiengesellschaft is a stock-market-listed construction and machinery manufacturing concern based in Schrobenhausen in Upper Bavaria, Germany.
Bauer is a leader in the execution of complex excavation pits, foundations and vertical seals, as well as in the development and manufacture of related machinery for this dynamic market. The Group also uses its expertise in the exploration, mining and safeguarding of valuable natural resources. In 2016, the companies of the BAUER Group employed some 10,800 people in around 70 countries and achieved total Group revenues of EUR 1.6 billion.
In 1790, Sebastian Bauer (then: "Paur") from Deggendorf, the son of one of the families of coppersmiths originating from Osterhofen (Lower Bavaria), acquired a coppersmith's shop in Schrobenhausen. For over a century, they worked on constructing breweries, installing copper roofing and manufacturing household items.
In 1902, Andreas Bauer drilled an artesian well in Schrobenhausen for the new water house at the railway station. Well drilling became the new line of business for the company. For his son Karl Bauer, a key project was the construction of the central water supply system for the town of Schrobenhausen in 1928. With this project under his belt, Karl Bauer turned the company into a well drilling specialist, and the company was soon sinking wells and constructing water supply systems for towns and industrial facilities all over Bavaria.
Karlheinz Bauer, born in 1928 and a shareholder in the company since 1953, became the sole managing director and focused the company's operations on specialist foundation engineering. Two years later, the grout injection anchor was invented on the construction site of the Bayerischer Rundfunk (Bavarian Broadcasting Corporation) in Munich. Bauer patented this construction method and began marketing it internationally. The first construction site outside of Germany was set up in Switzerland in 1959 – the grout injection anchor began its success story. In the 1960s, this construction method was deployed in the construction of underground railway systems for many of Germany's cities.
In 1969, the company began the design and manufacture of the first anchor drilling rig and thus took the first steps in the field of mechanical engineering. In 1975, the company received its first contracts in Libya, Saudi Arabia and the United Arab Emirates. In the following years, Bauer Spezialtiefbau expanded its construction activities and equipment sales operations to several more countries, with new focus on the Far East from the mid-1980s.