MAN Energy Solutions has rebranded as ‘Everllence’, said to be a combination of the words ‘ever’ and ‘excellence’, in a move that the company believes reflects its transition to a driver of net-zero shipping and energy.
Everllence remains part of the Volkswagen Group, and the company’s product and service portfolio remains unchanged.
CEO Uwe Lauber said: “Our name change is the logical next-step in the execution of our ‘Moving big things to zero’ strategy, which focuses on decarbonisation and efficiency solutions, especially for those sectors of the global economy that have to deal with ‘hard-to-abate’, climate-damaging emissions. Today, we are no longer known in the market for just engines and turbomachinery, but also as a supplier of large heat pumps, carbon capture and storage, as a driver of climate-neutral shipping, and as part of the hydrogen ramp-up. This is what we want to express with our new name, Everllence.”
Gunnar Kilian, Chairman of the Supervisory Board, Everllence, and member of the Board of Volkswagen Group, added: “The name Everllence underlines the company’s current development into one of the world’s leading providers of sustainable decarbonisation solutions. At the same time, it underlines the industrial pioneering work that it has repeatedly executed during its 250-year success story. With a clear focus on climate protection and as a driver of industrial value-creation, Everllence will continue to drive forward sustainability and the future viability of mechanical engineering in Germany, as well as the global energy transition.”
The renaming is not the first in the company’s recent history: the former ‘MAN Diesel & Turbo’ became ‘MAN Energy Solutions’ in 2018. At that time, the company had begun to concentrate its business on technological solutions for reducing climate-damaging emissions in shipping, energy generation and industry as a new business area and strategic focus.
True to the motto ‘Moving big things to zero’, Everllence now supports key industries in reducing emissions that are difficult to avoid. The company develops marine and power plant engines, as well as retrofit solutions that reduce CO2 emissions with climate-neutral fuels. The company’s large-scale heat pumps decarbonise the heat supply of cities and industrial plants worldwide, while technologies for carbon capture and storage ensure the safe removal of unavoidable CO2 emissions from industrial processes. As a manufacturer of electrolysers for the production of green hydrogen, the company is part of the global hydrogen ramp-up through its subsidiary, ‘Quest One’.
Image: CEO Uwe Lauber unveils the new company nameplate at the Augsburg HQ (credit: Everllence/Sandro-Behrndt-Photography)
