Overview
Walterscheid GmbH is a leading provider of mission-critical powertrain systems for off-highway and industrial applications. Based in Lohmar, Germany, Walterscheid operates as a key division of Comer Industries following its acquisition in July 2021. This strategic integration aims to solidify its position as a European leader in the agricultural and industrial engineering sectors.
Product and Service Excellence
Walterscheid focuses on agricultural innovation, offering advanced agritechnical engineering products. Noteworthy innovations include the lower link hook and KU 2000 automatic clevis-type coupling. Their Tractor Attachment System (TAS) notably enhances farming operations such as coupling, adjusting, stabilizing, and hitching via driver seat controls, boosting productivity and safety by reducing material damage.
The company also excels in producing and distributing essential components like shafts, gearboxes, clutches, and attachment systems vital for off-highway applications. To support these offerings, the Walterscheid Service Center delivers comprehensive product support, leveraging interactive tools and extensive documentation.
Leadership and Strategic Moves
The leadership under Matteo Storchi, CEO, has been pivotal for Walterscheid's strategic vision and market consolidation, facilitated through organizational synergies with Comer Industries. Matteo Storchi, who holds an MBA and a Bachelor's degree in Political Science from Alma Mater Studiorum – Università di Bologna, brings extensive leadership experience to the role. Wolfgang Lemser also plays a crucial role, particularly noted for his involvement in strategic execution during the company's significant mergers and acquisitions, including engagement with One Equity Partners.
Market Position and Financial Performance
Walterscheid has leveraged its merger with Comer Industries to enhance its market presence, achieving preliminary consolidated revenues of 1.05 billion EUR in 2021—a significant 32% rise from 2020. This performance underscores effective integration strategies, fortifying its competitive stance in the global market for industrial machinery.
Walterscheid's estimated annual revenue stands at approximately $46.8 million, supported by a workforce of around 374 employees. The company reported a 10% increase in its employee count over the past year, indicative of its expanding operational capacity and human resources.
Corporate Details and Contact Information
- CEO: Matteo Storchi
- Chairman of the Supervisory Board: Wolfgang Lemser
- Corporate Office: Hauptstraße 150, 53797 Lohmar, Germany
- Contact Number: +49 22 46 12 - 0
- Email: impressum(at)walterscheid.com
- Sales Tax ID: DE 811161975
Competitive Landscape
Walterscheid operates in a competitive environment, facing challenges from several firms in the engineering and agricultural machinery sectors:
1. EPS Group: Generates $23.3M in annual revenue with a workforce of 212, focused on civil engineering and infrastructure development.
2. Hoskin Ryan Consultants: Specializes in civil engineering with expertise in hydrology and land planning; specific revenue figures are undisclosed.
3. Wilson Engineers: Concentrates on water and wastewater infrastructure, with an annual revenue of $9.3M and 93 employees.
Industrial Competitors
- Key competitors in the sector include ZF and Comer Industries, the latter of which acquired Walterscheid, demonstrating an integrated market strategy.
- Other notable competitors include Bosch Rexroth, BENTELER International, and Danfoss, each providing specialized technologies complimentary to Walterscheid's product lines.
Market Challenges and Opportunities
Walterscheid is strategically positioned to leverage its extensive technical expertise and century-long legacy within the industry. The competitive landscape is populated with innovative enterprises; however, Walterscheid's mergers and acquisitions enhance its technological capabilities and market influence. By investing in its workforce and expanding technological alliances, Walterscheid is poised to impact growing markets with sophisticated agricultural machinery solutions.
