The core business of the Würth Group involves the distribution of assembly and fastening materials. Today, more than 140 companies are operating in this area of the Würth Line.
“If you sell screws, then you also ought to know a bit about how they are produced,” said Reinhold Würth, and established the screw factory SWG Schraubenwerk Gaisbach GmbH at the beginning of the 1960s. This allowed him to lay the foundation for the Group’s second key pillar: the Allied Companies. They operate in related areas as trading or manufacturing companies, and also include companies operating in the financial services industry, as well as hotels and catering establishments. In 2019, the Allied Companies generated more than 43 percent of the consolidated sales.
The Würth Group employs a global workforce of 78,686 employees, with 33,979 working on the sales force. It consists of more than 400 companies in over 80 countries, maintains over 2,100 pick-up shops and generated sales of EUR 14.3 billion in 2019.
The year 2020 is a year of celebration for the Würth Group: Reinhold Würth is celebrating his 85th birthday in April, only a few months after he marked his 70th year with the company in October 2019. The nucleus of the Group, Adolf Würth GmbH & Co. KG, and as a result the entire Würth Group, can look back on a success story spanning a 75-year period. This only goes to show how values and traditions can find their way into the future. This can only work for companies that embrace transformation as an engine for growth and are able to identify and exploit the opportunities that changes bring in order to turn them into progress and innovation. In the early 1960s, Reinhold Würth bought the work of art entitled Cloud Reflection in the Marsh by Emil Nolde, laying the cornerstone for the Würth Collection, which now comprises more than 18,000 pieces. The Carmen Würth Forum with the Würth Philharmoniker as “orchestra in residence” is another visible sign of his conviction that art and culture go hand-in-hand with entrepreneurial success. These milestones in our commitment to art and culture symbolize an attitude that characterizes the entire Group: openness, gratitude, respect, curiosity, responsibility, but also humility towards our fellow human beings and society. And towards our customers.