Revenue 348 Mio. Euro (2013) Website www.metabo.com Founded 1924 | Parent Hitachi Koki Headquarters Nürtingen, Germany Number of employees 1,800 | |
Industry Professional Power Tools Key people Horst W. Garbrecht (CEO)
Eric Oellerer (CFO) CEO Horst W. Garbrecht (7 Jan 2009–) Type Gesellschaft mit beschränkter Haftung Profiles | ||
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Metabowerke GmbH with its headquarters in Nürtingen, Germany is a manufacturer of high quality power tools for professional users. The company was founded in the 1920s and got its name from a hand drill, the so called "Metallbohrdreher". Today, Metabo offers a wide range of power tools.
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Metabo power tools for metalworking english
History
In 1923, Albrecht Schnizler built his first hand drill in his parent’s bakery in Nürtingen. 50,000 copies of this drill were sold under the designation No. 18 and one year later the Schnizler GmbH was founded. Co-founder Julius Closs was the owner of a brewery called “Sonnenbrauerei” in Nürtingen. The company moved into the rooms of this brewery located in Church Street. Walter Rauch became an associate in 1927 and managed the national and international distribution of the machines. In 1932, the company was renamed Metabowerke Closs, Rauch & Schnizler KG. The plant was spared serious damages during the war years, but in late autumn of 1945, a fire destroyed close to 75% of the manufacturing facilities. The reconstruction was completed in 1948.
The company’s rapid growth made it necessary to move to a new headquarters. Therefore, in 1953, the construction of a new plant in Nürtingen’s industrial zone Steinach was initiated. The relocation was completed in 1969 with a new administrative building.
In the course of restructuring measures, the Metabo group acquired Elektra Beckum in 1999, a company from Meppen in Northern Germany. In 2004, Metabo restructured the production and a plant in Shanghai was established. The full integration of Elektra Beckum took place in 2006. In 2010, the disposal of the plant in Meppen marked the end of the restructuring process of the production plants.
March 1, 2016 Metabo was acquired by Hitachi Koki, part of Hitachi Group.
The Company Today
Metabo is a medium-sized company which focuses on the main target groups of metal craftsmen and industry along with building trade and renovation. Metabo manufactures in its factories in Nürtingen and Shanghai. Metabo counts with 23 distribution companies and has over 100 importers.
Worldwide, Metabo has over 1,800 employees with a sales volume of 348 million Euro reported in 2013.
Products
Essential/significant products and innovations, according to their own statements, are:
The company owns over 500 active patents and utility models.
A large number of the machines received the red dot design award.