Home / Leadership/ Company portrait

Company portrait


Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 11 December 2013 00:54

Facebook

The Würth Group with its over 400 companies is a globally operating business. The business areas of the Würth Group are subdivided into two parts: The companies belonging to the Würth Line and the so-called Allied Companies. The origin of the worldwide active trading business is the distribution of assembly and fastening material. The companies of the Würth Line still work in this field, Würth is the market leader here. Allied companies are companies that operate as trade or production businesses in related business areas, as well as financial service providers. The business segment ‘Diversification’ that also belongs to the group of allied companies includes service businesses in logistics as well as the hotel and restaurant trade. The Group’s strategy and further development is marked by core competences and values respected throughout the Group. Above all, the customer-oriented distribution, the service idea connected with it and the top quality level are characteristics of the products and services of the Würth Group. The parent company of the Würth Group, Adolf Würth GmbH & Co. KG, was founded by Adolf Würth in Künzelsau, a town in Baden-Württemberg, in 1945. After the early death of his father in1954, Prof. Reinhold Würth, today’s Chairman of the Supervisory Board of the Würth Group’s Family Trusts, took over the company. He turned the former screw dealer with annual sales of Euro 80,000 into a group of companies that generated a sales volume of Euro 9.98 billion in the business year 2012. A family business that is active all over the world The Würth Group is represented in more than 80 countries of the world and has about 64,000 employees on the payroll worldwide. About 30,000 of them are employed sales representatives working in the field. Now as before, Germany as the domestic market is a focus market of the Würth Group, with the parent company remaining the nucleus of many further developments of the international group of companies. Nevertheless, Würth remains a family business at its heart of hearts. Since March 2006, the Chairwoman of the Advisory Board of the Würth Group has been Bettina Würth, the daughter of Reinhold and Carmen Würth. Robert Friedmann as Chairman of the Central Managing Board of the Würth Group is at the head of the management hierarchy. Other members of the Central Managing Board are Peter Zürn, Uwe Hohlfeld and Joachim Kaltmaier. More than just screws Over the years, the screw dealer of the past soon developed into the specialist in assembly technology. The product range of the Würth Line in the field of assembly and fastening material meanwhile comprises more than 100,000 items. The Würth sales force mainly distributes these products to craft enterprises and increasingly also to the medium-sized and large industry. Today Würth enjoys the trust and confidence of more than three million customers worldwide. However, Würth has come to be much more than a company trading in screws, screw accessories, anchors, tools or chemical products only. Besides this classical product range, the Allied Companies of the Würth Group which operate under their own company name, have been selling protective clothing, products for DIY shops, material for electrical installations, electronic components (such as circuit boards) and financial services for many years.

Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

No more stones to break Sri Lankan bones

Friday, 19 April 2019

Trial by fire is not a new ordeal to Christian community. It predates Notre Dame and Nazism by millennia. In fact, a decade or so before Nero torched believers to light Roman avenues, Jewish religious leaders put Jesus-followers to the test as the Ch


Wounding the social psyche

Friday, 19 April 2019

In this article, I intend to discuss the serious wounds inflicted on the psyche of Sri Lankan society, which have not received adequate attention, but need immediate cure, for they might develop into a dangerous cancer if not treated without further


What 5G could be to Game of Thrones (and vice versa)

Friday, 19 April 2019

We will be hearing a lot about these two seemingly unrelated topics this month. In a hurriedly but meticulously organised event, Dialog Axiata recently demonstrated 5G applications for the first time in South Asia. 5G will be commercially available


On time – Only for a week! A must-change!

Thursday, 18 April 2019

We are in April and the month where we witness the declaration of a new year as per our traditional practice. It is that period of time when a huge majority of our population, which certainly can be counted in millions, intends to act in unison and q


Columnists More