|Traded as||FWB: WAC|
|Founder(s)||Johann Christian Wacker|
|Key people||Cem Peksaglam (CEO and chairman of the executive board), Hans Neunteufel (Chairman of the supervisory board)|
|Revenue||€1,159.5 million (2013)|
Wacker Neuson SE, is a multinational company, that develops, produces and sells light and compact construction equipment and provides associated services. Founded in 1848, the family-owned company now has more than 40 affiliates, over 140 sales and service outlets and over 12,000 sales and service partners worldwide. The Group has over 3,500 employees. Its head office is in Munich. Wacker Neuson SE has been listed in the SDAX since 2007.
- 1 History
- 2 Group overview
- 3 Locations
- 4 Products
- 5 References
- 6 External links
Early years through to 1945
The company was founded in 1848 by Johann Christian Wacker as a blacksmith’s shop in Dresden (Germany) trading as Wacker. In 1930, the company’s engineers developed a high-frequency technology for internal vibrators. At the same time, the first electrically-powered rammer – an innovation in concrete and soil compaction – was developed and produced. Before the Second World War, the company had already expanded its production range and created a domestic and international sales and retail organisation. Progress was halted by the destruction of the production facility in Dresden just before the end of the Second World War.
Post-war period through to 2007
Business operations were resumed in Kulmbach in 1945, and the company moved its headquarters to Munich in 1951. The first foreign affiliate was established in 1957 in Hartford (Wisconsin, USA). In 1986, it was transferred to Milwaukee, where a production facility and logistics centre are now located. Subsequently, the company stepped up its international presence, and now has 40 affiliates, over 140 sales and service outlets and over 12,000 sales and service partners worldwide.
The group changed structure from a limited company (GmbH) to a public limited company, Wacker Construction Equipment AG, in 2002. Until 2005, Wacker only developed, produced and sold light construction equipment up to approx. three tonnes in the concrete technology, soil & asphalt compaction, demolition and utility segments. Following the acquisition of Weidemann GmbH in 2005, the company branched out into compact construction equipment and the agricultural sector. Drillfix AG (Switzerland) and Ground Heaters, Inc. (USA) were purchased in 2006.
2007 to date
The company was floated on 15 May 2007, and is listed in the Prime Standard of the Frankfurt Stock Exchange. It was admitted to the SDAX in autumn 2007.
31 October 2007 saw the completion of the merger with Neuson Kramer Baumaschinen AG (Linz, Austria), a manufacturer of compact construction equipment including compact excavators, wheel loaders, dumpers and compact loaders. Neuson Kramer Baumaschinen AG itself was the product of a merger between Neuson Baumaschinen GmbH and the long-established company Kramer-Werke GmbH. Neuson was established in 1981 as Neuson Hydraulik GmbH, based in Linz, and initially developed hydraulic mini-excavators. Neuson Baumaschinen GmbH was established in 1990. Dumper manufacturer Lifton Ltd (GB) was bought in 1998, and compact loaders were added to the product range in 2004. Neuson and Kramer merged in 2001.
In February 2009, Wacker Construction Equipment AG underwent a change of legal form and assumed its current name of Wacker Neuson SE.
Current group structure
Wacker Neuson SE organises its activities on the basis of regions (Europe, America and Asia-Pacific). The group has three business segments: Light Equipment up to a weight of approx. 3 tonnes, Compact Equipment up to approx. 14 tonnes, and Services (spare parts, maintenance and repair). The Compact Equipment segment supplies excavators, wheel loaders, telescopic loaders, compact loaders and dumpers. These machines are used in application areas including structural and civil engineering, road construction, agriculture, gardening, landscaping, municipal works, recycling and industrial projects. The group comprises the three brands Wacker Neuson, Weidemann and Kramer Allrad as well as affiliates and production plants.
Wacker Neuson brand
Under the Wacker Neuson brand, the group sells walk-behind and hand-held construction equipment worldwide. Products here include rammers, vibratory plates, hammers, cutting tools, internal & external vibrators and construction site equipment, as well as compact construction equipment such as compact excavators, wheel loaders, dumpers and Skid-steer loaders.
Kramer Allrad brand
The Weidemann brand mainly produces machines such as articulated wheel loaders, telescopic loaders and telehandler for agricultural use. → Main article on Weidemann GmbH
Cem Peksaglam has been at the helm of the company since September 2011. Neuson founder Hans Neunteufel is the Chairman of the Supervisory Board.
As at 31 March 2014
- Wacker family 33.0%
- Neunteufel family 30.0%
- Wacker Neuson Executive Board 1.0%
- Institutional and private investors 36%
- Wacker Neuson SE Munich, Germany
Training centre Europe
- Wacker Neuson Academy Reichertshofen, Germany
Used equipment centre Europe
- Wacker Neuson Used Gotha, Germany
- Wacker Neuson SE Reichertshofen, Germany
- Wacker Neuson Linz GmbH Hörsching, Austria
- Wacker Neuson Kragujevac d.o.o. Kragujevac, Serbia
- Wacker Neuson Corporation Menomonee Falls, USA
- Wacker Neuson Corporation Norton Shores, USA
- Wacker Neuson Manila Inc. Dasmariñas, Cavite, Philippines
Gas driven Jackhammer
Media related to Wacker Neuson at Wikimedia Commons