2023 marks a historic year for Ziehl-Abegg. With a revenue increase to 955 million euros – a 9.5 percent increase compared to the previous year – the company has impressively solidified its market position. "This is the best year in the company's history," explains Dr. Marc Wucherer, CEO of Ziehl-Abegg. A highlight of the year was the groundbreaking new plant in the USA, a 100 million euro investment to support growth in the American markets. In parallel, Ziehl-Abegg initiated a new plant construction in Vietnam and launched a new production in Poland. Additionally in 2024, production is being set up in India. In Germany, Ziehl-Abegg has invested more than 30 million euros in an improved machinery park and automation technology.
New Structures for Global Growth
Given the continuous growth, Ziehl-Abegg is adapting its internal structures: This enables more effective action on a global level. The reorganization includes, among other things, division into four geographic areas: Central Europe, EMEA, APAC, and the Americas. This adjustment reflects the regional and globalized customer world as well as the rapid growth of foreign markets. "This brings us closer to our markets and customers," emphasizes Dr. Wucherer. In parallel to this, Ziehl-Abegg has also adjusted the global production network to meet customer needs.
ZA2030 Strategy: A Sustainable Course for the Future
With the ZA2030 strategy, Ziehl-Abegg pursues ambitious goals: Carbon neutrality, sustainable products, and complete transparency about environmental impacts. This vision underscores the company's commitment to sustainability and social responsibility. "We will make an even more positive contribution to people and the environment," says Dr. Wucherer. Ziehl-Abegg stands not only for a future-oriented and sustainable corporate management but also for economic success and customer proximity. Therefore, the company is advancing further stages of digitalization and improving customer service.
"The course for further growth is set, with a clear focus on innovation, sustainability, and global customer proximity," summarizes CEO Wucherer.
About Ziehl-Abegg
Ziehl-Abegg (Künzelsau, Germany) is one of the leading global companies in the field of ventilation, control and drive technology. In the 1950s, Ziehl-Abegg established the basis for modern fan drives: external rotor motors which even today are still seen as state-of-the-art worldwide. Another area of business is electric motors which provide the power, for example, for elevators, medical applications (computer tomography equipment) or deep-sea underwater vehicles.
The high-tech company has an impressive innovative capability. Ziehl-Abegg (year 2023) employs 2,800 personnel in its production plants in southern Germany. The company has a global workforce of 5,000 spread between 17 production plants, 30 companies and 117 sales locations. The products, approx. 30,000 in all, are sold in more than 100 countries. Turnover totals 955 million euros.
Emil Ziehl founded the company in Berlin in 1910 as a manufacturer of electric motors. After World War II the company’s headquarters were relocated to southern Germany. Ziehl-Abegg SE is not a listed company but instead is family-owned.
For more information go to www.ziehl-abegg.com
