Irrespective of the economic and construction crises, the Swabian Würth Group is expected to increase sales in 2022 by 17 percent compared to the previous year. "We are working on breaking the 20 billion euro turnover," said the chairman of the company advisory board, Reinhold Würth, in an interview with WELT AM SONNTAG. The profit will be “about 1.5 billion euros instead of 1.27 last year.”
The family company based in Künzelsau is the world market leader in the field of fastening and assembly technology. Reinhold Würth took over the company from his father Adolf Würth in 1954.
A few weeks ago, the Würth Group announced a successor plan for the 87-year-old. Accordingly, the two sons of his daughter Marion Würth (64) should rise in the group.
Benjamin Würth is to become deputy chairman of the supervisory board of the foundation from January 2023. Sebastian Würth is to take over as Chairman of the Advisory Board of the second Würth subsidiary, Bettina Würth, in January 2025.
The Advisory Board is the supreme control body of the group with more than 83,000 employees worldwide. With assets of more than 15 billion euros, the Würths rank among the 15 richest Germans.
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