Phoenix Mecano AG is a Swiss technology company headquartered in Stein am Rhein, operating internationally in the fields of enclosure technology and industrial components. [1]The company manufactures technical enclosures, electronic components, actuators, and system integrations. Phoenix Mecano employs around 7,000 people and generated sales of €779.5 million in 2024.[2] Founded in 1975, Phoenix Mecano has been listed on the SIX Swiss Exchange since 1988.[3]
History
Foundation and IPO
The company was founded in 1975 under the name Phoenix Maschinentechnik AG and initially mainly produced and distributed technical gases for the welding industry. Through its work with gases, the company began to develop welding torches, which then became the main activity. In 1976, the company began developing enclosures for electronic devices. That same year, the company acquired its strongest competitor, Hartmann.