DKSH

From Wikipedia, the free encyclopedia
Jump to: navigation, search
DKSH Holding Ltd.
Public
Traded as SIXDKSH
Industry Market Expansion Services
Founded 1860s[1]
Founder Wilhelm Heinrich Diethelm, Eduard Anton Keller, Hermann Siber Hegner
Headquarters Zurich, Switzerland
Number of locations
735 business locations in 35 countries (2013)
Key people
Joerg Wolle[2]
President & CEO
Adrian Keller[3]
Chairman
Revenue Increase CHF 9.8 billion (2014)[4]
Decrease CHF 272.7 million (2014)[4]
Decrease CHF 195.5 million (2014)[4]
Number of employees
27,550 (2014)[4]
Website www.dksh.com
Footnotes / references
Facts and figures DKSH Group, Company profile on Bloomberg

DKSH also known as DiethelmKellerSiberHegner is a Swiss Market Expansion Services Group. Although its headquarters is in Zurich, DKSH is deeply rooted in communities all across Asia Pacific.[5]

The company offers any combination of sourcing, marketing, sales, distribution and after-sales-services and is organized into four Business Units: Consumer Goods (including the Business Segment Luxury & Lifestyle), Healthcare, Performance Materials and Technology. Its core business is supporting other companies to grow their business in new or existing markets.[6]

With 735 business locations in 35 countries - 710 of them in Asia - and 27,500 specialized staff, it is one of the top 20 Swiss companies ranked by sales and employees. In 2014, DKSH generated annual net sales of CHF 9.8 billion.[4]

Organizational background[edit]

The company has its origin in the activities of three Swiss entrepreneurs who sailed in the 1860s east to Asia. Independently and within a few years of each other, Wilhelm Heinrich Diethelm set off for Singapore, Eduard Anton Keller for the Philippines, and Hermann Siber for Yokohama.

As the oldest of the original companies, Siber & Brennwald was founded in 1865. Eduard Anton Keller joined in 1868 C. Lutz & Co., which was founded 1866 in Manila, and renamed this enterprise into Ed. A. Keller & Co. after the acquisition in the year 1887. In a similar manner, Wilhelm Heinrich Diethelm joined in 1871 Hooglandt & Co., Singapore, established in 1860, acquired the company in 1887 and founded Diethelm & Co. Ltd. in Singapore.[7]

The three companies expanded their business primarily in Asia. Although the European market played a subsidiary role, each headquarters was situated in Switzerland, which illustrates the intensive contact to the home country.

Established in 1906 on the banks of Chao Phraya River, today the company is one of Thailand's leading business organizations, with annual sales of THB 116 billion in 2013. DKSH Thailand has close to 11,000 employees and a comprehensive network of over 200 branches all across Thailand in 2013.[8] It generates more than a third of overall revenues for DKSH. Therefore, DKSH is exposed to the political risks of Thailand.

In 1931 Diethelm & Co., Ltd. was granted permission by Royal Warrant to display the royal Garuda emblem, the official seal of the Royal Household of Thailand.[9]

Even though the two families Diethelm and Keller always had a close-knit business and private relationship the two companies finally merged during the 2000 summer into Diethelm Keller Holding. Two years later, in 2002, Siber Hegner joined as well and this resulted in establishing DKSH.[9][10] DKSH went public in March 2012 on the SIX Swiss Exchange.[11]

In 2015, the company can celebrate its 150th anniversary.

References[edit]

  1. ^ DKSH history at a glance
  2. ^ DKSH Executive Board
  3. ^ DKSH Board of Directors
  4. ^ a b c d e "Continued growth and market share gains underline resilience of DKSH". DKSH. Retrieved February 26, 2015. 
  5. ^ Nisha Ramchandani (March 27, 2010). "DKSH relocates global finance centre to S'pore". The Business Times (Singapore). Retrieved January 13, 2011. 
  6. ^ "DKSH Holding Ltd.". InfoGrok Transport. 2010. Retrieved January 13, 2011. 
  7. ^ "Diethelm". Singapedia. 2011. Retrieved January 13, 2011. 
  8. ^ Facts-and-figures for DKSH Thailand
  9. ^ a b "DKSH in Thailand". History. DKSH Thailand. 2010. Retrieved January 13, 2011. 
  10. ^ "Zurich: CEO Luncheon with Joerg Wolle, DKSH". The Swiss Association of MBAs. December 2, 2010. Retrieved January 13, 2011. 
  11. ^ "DKSH gains on first day of Zurich trading". Financial Times. March 20, 2012. Retrieved April 10, 2012. 

External links[edit]