![]() MKS PAMP developed Provenance, a traceability solution that utilizes blockchain to trace precious metals along the supply chain and guarantee responsible sourcing globally. Still managed by the founding family, MKS PAMP is an advocate for long-term thinking, responsible sourcing, sustainability and ethics, working closely with its stakeholders to set the highest codes of conduct in the industry. The company offers the world’s most extensive range of durable, innovative and responsibly sourced precious metal products and services. The company builds on leading artisan savoir-faire and Swiss engineering to manufacture a wide range of products in all four precious metals and in various forms, and provides precious metals services such as trading, refining, vaulting and storage, treasury and mine financing. With a global footprint and over 60 year of experience in the precious metals industry, MKS PAMP – part of the MKS PAMP Group – is dedicated to creating a sustainable future with precious metals products and services. ![]() And will uphold their unwavering commitments to transparency and responsible standards by 2030, the company will reduce Greenhouse Gas emissions from its operations and supply chains in line with the Paris Agreement goals. As MKS PAMP SA sets sight on their future, they pursue wider value for their products. Their purpose has always been to create cutting-edge products and services, while focusing on best serving their partners, stakeholders and environment. MKS PAMP SA will continue to drive international and industry-wide initiatives and collaborate closely with organizations to set the highest codes of conduct for the industry as a whole.Īs a family-owned company, sustainability has been incorporated since its creation in 1979. The PAMP product brand - the hallmark & bars – will remain unchanged. Today, we are more than ever committed to sustainability and promoting responsible practices and quality products for today’s and tomorrow’s generation”, said Marwan Shakarchi, CEO of MKS PAMP. “As we begin a new chapter as MKS PAMP, we see how our family values have driven us as a team to always strive to exceed the highest standards. Karma Shakarchi-Liess will assume a new role as Chairman of MKS PAMP SA. Shakarchi previously held the position of CEO of MKS (Switzerland) SA and Chairman of the board of PAMP SA. The Board of Directors has appointed Marwan Shakarchi as Chief Executive Officer, effective immediately. The combined entity will employ over 270 people across Switzerland, from Geneva to Ticino, strengthening economic impact, further developing expertise and know-how while bolstering local support in the region. This new holistic approach, along with their proven management capabilities and experience, will provide greater synergies across their offerings and operations. The new entity will harness the trading and financial expertise of MKS, and the industrial know-how of PAMP to respond to their clients ever-evolving needs and requirements. Today, MKS PAMP SA will group its refining, fabrication and trading services under a 360-degree offering. This merger will further strengthen the MKS PAMP GROUP’s expertise, enhance stakeholder value and reaffirm their responsibility towards sustainable practices. The expansion of the product portfolio and the production of the Highspeed Inverters (MLI's) continues unabated in Brügg, Switzerland.īelow you will find headings with content related to ESS services and products as well as access to Brügg site information and acquisition content.GENEVA – November 30 th 2021 – MKS (Switzerland) SA, a precious metals trading house (“MKS”) and PAMP SA, the leading refinery and leading bullion brand (“PAMP”) have merged to become “MKS PAMP SA”. Our business areas will not change as a result of the acquisition engineering services in the areas of drive technology and power electronics will remain our main pillar. ESS supports customers in the automotive and transportation industry as well as in the aviation, industrial and energy sectors.ĮSS will become the technical center within the BorgWarner Group for the development and industrialization of Auxiliary Inverters for commercial and off-highway vehicles. Their competencies include design and development of power electronics and electrical machines, system engineering, and control software. Headquartered in Switzerland, BorgWarner Engineering Services (hereafter ESS) offers engineering and product development services for inverters, electric drive solutions, and power electronics as well as a line of products that include specialized inverters for high-speed electrified turbomachinery. ![]() Drivetek AG becomes BorgWarner Engineering Services Switzerland AGīorgWarner announced on Decemthat it has acquired Drivetek AG.
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