# Metall Zug and Miele complete joint venture SteelcoBelimed

Metall Zug and Miele completed the establishment of a joint venture named SteelcoBelimed AG, combining Belimed Infection Control, Belimed Life Science and Steelco. Metall Zug holds 33% and Miele 67% of the new company, which has accumulated net sales of CHF 487 million in 2023 and employs around 2,100 people.

- Type: Partnership
- Announced: 2024-06-10
- Where: Zug, Switzerland
- Jobs: 2,100
- Status: completed
- Products: infection control equipment, life science equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Miele](https://endata.com/companies/8772.md) (partner)
- [Metall Zug](https://endata.com/companies/30378.md) (partner)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/ad-hoc/start-of-the-joint-venture-between-belimed-infection-control-belimed-life-science-and-steelco-under-the-name-steelcobelimed/13b5cbba-3c95-48d0-95be-f3af3baf2cb8_en), 2024-06-10: "The establishment of the joint venture between Belimed Infection Control, Belimed Life Science and Steelco was completed."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.