FAM
FAM Minerals & Mining GmbH, a BEUMER Group subsidiary headquartered in Magdeburg, Germany, manufactures and services heavy bulk material handling equipment — including bucket wheel excavators, conveyors, ship loaders/unloaders, and stockyard systems — for global enterprise customers in mining, ports, cement, chemicals, and power generation.
- Company typePrivate
- Founded1800
- HeadquartersMagdeburg, Germany
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What FAM does
FAM Minerals & Mining GmbH (legal entity) operates as a wholly-owned subsidiary of BEUMER Group and is a global manufacturer of heavy equipment for the bulk material handling value chain. The company is headquartered in Magdeburg, Germany, with its stated origin extending back into the 19th century as a conveyor-system manufacturer. It operates across more than 40 office locations spanning EMEA, Asia Pacific, and the Americas, and reports active service coverage in over 70 countries.
FAM's product portfolio covers the end-to-end bulk material transport chain: extraction (bucket wheel excavators, bucket chain excavators, in-pit crushing plants, crawler-mounted spreaders, cable reel wagons), conveyance (belt conveyor systems including overland and mobile conveyors), port handling (continuous ship loaders and ship unloaders), stockpile management (stacker-reclaimer systems, circular stockyards), and downstream processing (crushers and grinding mills). FAM complements this hardware range with FAM Anlagen-Service for installation, maintenance, spare parts, and lifecycle technical support. Differentiation rests on integrated proprietary equipment across the full chain, partial and full automation as standard, and combined series and single-item (bespoke) engineering capability.
Commercially, FAM sells large-scale, project-based capital equipment directly to enterprise customers in mining, port terminals, stockyard operations, cement, chemicals, building materials, fertilizer, metallurgy, and power generation. Pricing is custom and not publicly disclosed. The company markets primarily through the BEUMER Group website and channel ecosystem, industry events, and post-sale customer support relationships. No app, public API, or third-party SDK surface is offered, and revenue is not publicly reported; commercial data is consolidated within the parent BEUMER Group, a privately held German conglomerate.
FAM firmographics
Firmographics- Name
- FAM
- Legal name
- FAM Minerals & Mining GmbH
- Website
- https://fam.de
- Company type
- Private
- Founded year
- 1800
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- FAM Minerals & Mining GmbH, a BEUMER Group subsidiary headquartered in Magdeburg, Germany, manufactures and services heavy bulk material handling equipment — including bucket wheel excavators, conveyors, ship loaders/unloaders, and stockyard systems — for global enterprise customers in mining, ports, cement, chemicals, and power generation.
- Ownership category
- akta.pro rank
FAM industry classification
Industry- Product category
- Bulk Material Handling Equipment Manufacturing
- NAICS
- Conveyor and Conveying Equipment Manufacturing (333922), Material Handling Equipment Manufacturing (33392), Mining Machinery and Equipment Manufacturing (333131)
- SIC
- Construction, Mining & Materials Handling Machinery & Equip (3530), General Industrial Machinery & Equipment (3560)
- akta.pro primary industry
- Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers) (IMAHABAH)
- akta.pro secondary industry
- Loading/Unloading & Transfer Equipment (Telescopic Conveyors, Loaders, Tipplers) (IMAHABAI)
Keywords
Where FAM is headquartered
LocationHeadquarters
- HQ city
- Magdeburg
- HQ country
- Germany
- HQ region
- Europe
Offices40 records
Markets served
FAM business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Distribution channels1 record
Marketing channels3 records
FAM product offering
Product offeringCore offering
FAM designs, engineers, and manufactures heavy industrial machinery and complete systems for the bulk material handling chain — including bucket wheel and bucket chain excavators, belt conveyors, ship loaders and unloaders, stacker-reclaimers, crushers, and grinding mills. The company provides both series and custom-engineered solutions for open-pit mining, port terminals, cement, chemicals, power plants, and construction materials industries, supported by lifecycle service through FAM Anlagen-Service.
Product overview
FAM Minerals & Mining GmbH, as part of BEUMER Group, offers a comprehensive portfolio of machines and systems along the entire bulk material transport chain. The product range includes bucket wheel excavators and bucket chain excavators for extraction, complete conveyor belt systems (Fördertechnik) for transport, ship loaders and unloaders for port handling, stockyard systems (Lagerplatztechnik) for storage and stockpile management, and mineral processing equipment (Aufbereitungstechnik) including crushers and mills. The company provides both series production and custom engineering solutions. Services include installation, maintenance, and technical support through FAM Anlagen-Service. The product ecosystem is designed for open-pit mining, port terminals, cement, chemicals, and construction materials industries.
Differentiator
Problem solved
Functional benefit
Products and services
- Bucket Wheel Excavators (Schaufelradbagger)
Companies that use FAM
Customer profileSegments4 records
Ideal customer profiles3 records
FAM technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
FAM partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BEUMER GroupcoreFAM Minerals & Mining GmbH is a member of BEUMER Group, a globally operating company headquartered in Germany. The partnership provides FAM with access to BEUMER Group's comprehensive portfolio including conveyor technology, loading & unloading systems, port technology, warehouse & distribution technology, and airport systems. FAM contributes its expertise in bulk material handling for mining and minerals to the BEUMER Group portfolio.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
FAM competitors and assessment
Company assessmentDirect peers
- Metso: Metso manufactures equipment and services for mining, aggregates, and metal refining, including large conveyors, crushing plants, and bulk material handling systems that closely match FAM's processing and transport equipment portfolio.
- FLSmidth: FLSmidth supplies mineral processing and material handling equipment to the global mining industry, including crushing, conveying, stacking, reclaiming, and port-handling solutions — directly overlapping FAM's bulk material transport chain.
- TAKRAF (TSUBAKIMOTO KOGYO / TAKRAF Group): TAKRAF is one of the most direct peers to FAM, offering bucket wheel and bucket chain excavators, belt conveyors, ship loaders/unloaders, stackers, reclaimers, and in-pit crushing systems for mining, port and bulk material handling customers worldwide.
- Schenck Process (SCHENCK): Schenck Process is a global specialist in bulk material handling and processing technologies, including conveyors, feeders, weigh/feeding systems, and stockyard equipment serving mining, cement, and power-generation customers similar to FAM.
- Thyssenkrupp Industrial Solutions (tk Mining & tk Materials Services): Thyssenkrupp's mining and materials handling business designs and supplies open-pit mining systems, conveyors, ship loaders/unloaders, and stockyard machines, directly competing with FAM on large bulk material handling projects.
Broad incumbents
- Caterpillar (Cat Mining): Caterpillar's mining division supplies large-scale haul trucks, shovels, longwall systems, and material handling equipment to global mining operators. As one of the largest heavy-machinery incumbents, it competes with FAM on the largest mining customers and project scopes.
- Sandvik Mining and Rock Solutions: Sandvik Mining supplies a broad portfolio of underground and surface mining equipment including crushing, loading, and material handling solutions. While not a turnkey open-pit specialist, Sandvik is a major incumbent in the mining equipment market where FAM operates.
- Komatsu (Komatsu Mining): Komatsu's mining business provides surface and underground mining equipment including electric rope and hydraulic shovels, trucks, and continuous mining systems, representing a broad incumbent alternative for large mining customers in FAM's market.
- Terex (Terex MP / Terex Finlay): Terex manufactures a wide range of materials processing and bulk handling equipment, including mobile conveyors, stackers, and crushing systems used in mining, quarrying, and port applications, making it a broad incumbent peer.
Emerging players
- Tenova (TAKRAF Italia / Tenova Mining): Tenova supplies technologies, products and services for the mining and metals industries, including bulk material handling, in-pit crushing and conveying systems, and port equipment, competing with FAM on mid-to-large mining and port projects.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
FAM social profiles
Digital presenceFAM financial estimates
Financial estimateRevenue estimate
Valuation estimate
FAM leadership team
Management profileNumber of profiles
FAM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FAM M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FAM
What does FAM do?
FAM designs, engineers, and manufactures heavy industrial machinery and complete systems for the bulk material handling chain — including bucket wheel and bucket chain excavators, belt conveyors, ship loaders and unloaders, stacker-reclaimers, crushers, and grinding mills. The company provides both series and custom-engineered solutions for open-pit mining, port terminals, cement, chemicals, power plants, and construction materials industries, supported by lifecycle service through FAM Anlagen-Service.
Is FAM a public or private company?
FAM is a private company. It is classified as corporate owned and is currently operating.
When was FAM founded?
FAM was founded in 1800. It employs 1,001 to 5,000 people.
Where is FAM based?
FAM is headquartered in Magdeburg, Germany, in the Europe region.
Who are FAM's main competitors?
Direct peers on record are Metso, FLSmidth, TAKRAF (TSUBAKIMOTO KOGYO / TAKRAF Group), Schenck Process (SCHENCK) and Thyssenkrupp Industrial Solutions (tk Mining & tk Materials Services). Broad incumbents are Caterpillar (Cat Mining), Sandvik Mining and Rock Solutions, Komatsu (Komatsu Mining) and Terex (Terex MP / Terex Finlay). Tenova (TAKRAF Italia / Tenova Mining) is listed as an emerging player.
Does FAM have an API?
No public API is recorded for FAM.
What industry is FAM in?
FAM's product category is Bulk Material Handling Equipment Manufacturing. Its primary akta.pro industry code is IMAHABAH, Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers), with a secondary code of IMAHABAI, Loading/Unloading & Transfer Equipment (Telescopic Conveyors, Loaders, Tipplers). Its NAICS code is 333922 and its SIC code is 3530.