HPI AG engages in industrial procurement services in the field of purchasing and logistics. It operates through the following segments: Product Engineering; Mechanical Engineering; Environmental Technology; Information Technology (IT); Chemical and Pharmaceutical Raw Materials; and Industrial Commodities and Consumables. The Product Engineering segment manufactures machines and compressors. The Mechanical Engineering segment produces pumps, fixtures, valves, and other laboratory supplies. The Environmental Technology segment handles the recycling and waste disposal business. The Information Technology segment provides IT network products, virtual storage, and cloud computing services. The Chemical and Pharmaceutical Raw Materials segment manufactures and sells inorganic chemicals, biochemical and pharmaceutical intermediate products, polymers for resins and plastics, mineral and metals, and sugar and starch products. The Industrial Commodities and Consumables segment produces: tools and grinding materials; paints, varnishes, lubricants, and oils; office and IT supplies; and other industrial safety items. The company founded in 1976 and is headquartered in MÃ¼nchen, Germany.