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Steinel Group

The Steinel-Gruppe was founded in 1959 and has since evolved from a pioneer to a leader in terms of technology and innovation in the fields of sensor technology, lighting control, heat guns and hot glue guns. The 1.500 employees generate about 160 Mio. EUR of revenue at the headquarter in westphalian Herzebrock-Clarholz as well as at five other sites in Leipzig, Einsiedel (Switzerland), the Czech Republic, Romania and Moldova. The products are distributed in Europe and the US via retail and wholesale as well as planners, architects and fitters.

Link to the website

Facts & Figures

Sector
Sensor- and Lighting technology, as well as heat guns and hot glue guns
Location
Herzebrock-Clarholz (D)
Staff
1.500
Turnover
160 Mio. EUR
Acquired
30. November 2019
Vendor
Ingo Steinel (Owner)
Transaction
succession plan, 75% of shares