CORPORATE PROFILE OF THE WÜRTH GROUP

The Würth Group is the global market leader in the development, production, and sale of assembly and fastening materials. More than 400 companies operating over 2,700 pick-up shops in 80 countries form part of this global family business, which hails from the German town of Künzelsau.

The operational units of the Würth Group
The Würth Group is divided into two operational units: The core business of Würth involves the manufacture and sale of fastening and assembly materials. Other trading and production companies, known as the Allied Companies, operate in related business areas, ranging from electrical wholesaling and electronics to financial services. The Würth Group’s international and decentralized structure as well as its activities across various industries help ensure the independence and stability of the Group. The Group achieved sales of EUR 20.4 billion and an operating result of EUR 1.5 billion in the 2023 fiscal year.

From a two-man business to world market leader
The success story of the Würth Group began in the middle of the previous century: In 1945, Adolf Würth founded the screw wholesale business under the same name in Künzelsau. After his death in 1954, his 19-year-old son Reinhold took over the business. With vision and entrepreneurial passion, he turned the two-man business into a globally operating group employing more than 87,000 people, around 44,000 of whom work in sales. Adolf Würth GmbH & Co. KG is the founding company and the largest individual company of the Würth Group to this day.
The tracks for the future of the family business have been set for a long time: Prof. Dr. h. c. mult. Reinhold Würth, Chairman of the Supervisory Board of the Würth Group, has always attached great importance to securing the future of the company and knowing that the succession is in good hands. Since 2006, his daughter Bettina Würth has been Chairwoman of the Advisory Board of the Würth Group, the chief supervisory and controlling body of the Würth Group. Maria, Benjamin, and Sebastian Würth, the next generation of the family, are already working at the company, too.

Multi-channel strategy, logistics and innovations as success factors
The Würth Group considers digitalization in combination with its multi-channel strategy in sales a strategic growth field. More and more customers digitalize their procurement processes, and order products via the online shop, the Würth App or automate their purchasing processes with e-procurement solutions. The dense network of pick-up shops and telephone customer service round off these possibilities. Nevertheless, Würth’s sales representatives remain the central point of contact and an indispensable link between Würth and its customers.
Besides sales, logistics is the heart of the Würth Group. Automated processes increase efficiency and productivity so customers receive their goods quickly and reliably. At the same time, Würth focuses on product development in the Reinhold Würth Innovation Center Curio at its headquarters in Künzelsau. The objective is to establish new products and systems even faster on the market. Individual products, services and application steps are combined into efficient work processes to make work easier for more than four million customers from the trades and industry around the world. The product range of the Würth Group comprises more than one million products.

Würth cares
Würth’s corporate culture is characterized by values such as openness, gratitude, respect, curiosity, responsibility, humility, and modesty. These values are the cornerstones of Würth’s success and serve as the basis for all collaboration, be it with co-workers, customers, or business partners.
The family business has always been committed to supporting social and cultural projects. 
Further information on the Würth Group can be found at: www.wuerth.com