History from 1980

The Georg Fischer Corporation set out its Corporate Policy.

After thirteen eventful years, the Rüti engineering works' power loom business was sold to Sulzer. The Buss Group, the precursor of Georg Fischer Plant Engineering (later known as Coperion) was made up of Buss, Waeschle and other companies since divested that were active in the areas of logistics systems (OWL), centrifuges (Heine) and food (Mator).

Georg Fischer acquired 51% of the shares of the electric discharge machining division of Ateliers des Charmilles in Geneva (Switzerland). The operation was renamed Charmilles Technologies SA, and the remaining shares were acquired by Georg Fischer in 1988.

Under the auspices of the CHF 250 million Schaffhausen-Singen structural project, foundry operations were centralized in Singen (Germany), while plastic piping systems were concentrated at Schaffhausen (Switzerland). At the same time, the Corporation's properties were systematically refurbished, assigned new uses or sold. GF Piping Systems, the distribution centre, plastic products plant and a modern testing laboratory were all set up in Schaffhausen.

The once-prestigious lathe business was sold.