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SIDERNAVAL-SMS Group AG

History of Sidernaval, Equipos Siderúrgicos, S.A.
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1967:           50% DEMAG A.G. (Germany)

                       50% NAVAL S.A. (Spain)


 1993:           50% MANNESMANN DEMAG A.G. (Germany)

                       50% SIDENOR S.L. (Spain)


 2001:           80% SMS DEMAG A.G. (Germany)

                       20% SIDENOR S.L. (Spain)


 2006:           100% SMS DEMAG A.G. (Germany)



 2009:           100% SMS Group GmbH. (Germany)