Würth Group - A family business
World market leader in the trade of fastening materials
The Würth Group is world market leader in its core business, the trade in assembly and fastening material. It currently consists of over 400 companies in more than 80 countries and has over 77,000 employees on its payroll. Over 33,000 of these are permanently employed sales representatives. According to the preliminary annual financial statement, the Würth Group generated total sales of EUR 13.6 billion in the the business year 2018.
In the core business, the Würth Line, the product range for craft and industry comprises over 100,000 products: from screws, screw accessories and anchors to tools, chemical-technical products and protective equipment. The Allied Companies of the Würth Group, which either operate in business areas adjacent to the core business or in diversified business areas, round off the range by offering products for DIY stores, material for electrical installations, electronic components (e.g. circuit boards) as well as financial services.
More than three million customers all over the world trust in Würth today. Human beings and a very special corporate philosophy are the driving forces of the long-standing success enjoyed by the Würth Group. Würth is a family business that was founded by Adolf Würth in 1945. Prof. Reinhold Würth, the present Chairman of the Supervisory Board of the Würth Group’s Family Trusts, took over the business at the age of 19 after his father had passed away and developed it further in the following years. Starting from the early years of the company in post-war Germany, he turned the former two-man business into a globally operating trading group.
We owe it to Reinhold Würth that the Würth Group has a clear business orientation: it is marked by a strong brand policy, a future-oriented product strategy, closeness to the customer, a clear quality offensive, thinking in terms of visions and not least by a strong corporate culture. Bettina Würth, Reinhold Würth’s daughter and Chairwoman of the Advisory Board together with the members of the Central Managing Board see to it that these values are lived out and developed further.
For over 70 years has the Würth brand been one of the leading quality brands for assembly technology. Through its clear focus on professional users and a strict orientation towards quality and service Würth has become a synonym for quality and reliability in over 80 countries.
With pioneering distribution and logistics solutions, Würth inspires over three million customers in trade, construction and industry all over the world and is always close them. As a family business, Würth supports the arts, sports and social projects with heart and passion.
Entrepreneurial activities mean future-oriented activities. As a family company, Würth has been dedicated to this principle ever since starting out.
Würth commitment - this, of course, applies to our core business, but extends to our customer orientation and beyond as a holistic approach. As a good citizen, we are involved in all sorts of corporate initiatives, support charitable organizations, and promote numerous projects in the fields of art and culture, research and science as well as education. And they are not all big, well-known projects. Often they are small initiatives which are not in the limelight. But that doesn´t make them any less important.
The Würth Group is one of the worldwide biggest suppliers of assembly and connecting technology to craft and industry. What spurs us on? We love selling. Satisfying our customers is not enough. We want to inspire them - by offering ideas that make their business progress. We consistently pursue everything that has proven to be successful, and we try out new things - optimistically, dynamically and with strong powers of self-assertion. Our vision: Becoming the number 1 in the eyes of our customers as the best sales team.
In 2011, Adolf Würth GmbH & Co. KG participated for the first time in the benchmark study "Arbeitsplatzkultur" (workplace cultures) of the Great Place to Work® Institute Germany. In the category of companies with over 5,000 employees Würth ranked fifth among "Germany's Most Attractive Employers 2012".
As a family business with a strong corporate culture, the Würth Group is very well-positioned to achieve this goal. Managing with a vision, linked to a strict orientation towards excellent performance and great respect for the employees’ achievements, has been a characteristic feature of the company since its inception and is in no small part thanks to Reinhold Würth’s leadership. Already in the early years, the company aimed to approach customers actively instead of waiting for them to come.
“Seeing behind the mountains and around the bend”, leaving the beaten track behind to find potential for optimization is one of the basic rules of the company that was formulated by Reinhold Würth. Bettina Würth, the daughter of Reinhold Würth, is keeping up this tradition as the Chairwoman of the Advisory Board of the Würth Group.
Exemplary for the visionary and strategic thinking in the Würth Group is the “Vision 2000”, which Reinhold Würth had developed in 1987: The sales volume of the Würth Group amounted to EUR 700 million in that year. The aim was to attain a sales volume of EUR five billion by the turn of the millennium. Indeed did the company succeed in reaching exactly this target in the business year 2000.
And we move on: to pastures new and with a new vision. For the business year 2020, the Würth Group has set itself the goal to generate sales of EUR 20 billion with 100,000 employees.