Wacker Neuson
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|
Headquarters in Munich, Germany | |
| Company type | Societas Europaea |
|---|---|
| FWB: WAC SDAX | |
| ISIN | DE000WACK012 |
| Industry | Construction equipment |
| Founded | 1848 |
| Founder | Johann Christian Wacker |
| Headquarters | Munich, Germany |
Area served | Worldwide |
Key people |
|
| Revenue | €1.87 billion (2021)[1] |
Number of employees | 6,000 (2025)[2] |
| Website | www.wackerneusongroup.com |
Wacker Neuson SE is a German manufacturer of light and compact construction equipment, headquartered in Munich and listed on the Frankfurt Stock Exchange (SDAX). Founded in 1848 as a blacksmith’s workshop in Dresden, the company has since grown into an international group that includes the brands Wacker Neuson, Kramer, Weidemann, and Enar. The group operates production sites in Germany, Austria, the United States, China and Serbia.[3][4]
History
[edit]In 1848, Johann Christian Wacker founded a forge workshop in Dresden, Germany, under the name "Wacker."[5] Industrial production began in 1875. In 1930s, Hermann Wacker invented the first electric rammer for soil compaction and developed high-frequency technology for internal concrete vibrators.[6]
After World War II, the Dresden facility was destroyed. Production resumed in 1945 at Kulmbach, and the company moved its headquarters to Munich in 1951. The first foreign affiliate was established in Hartford, Wisconsin in 1957, and was later relocated to Menomonee Falls in 1986, which is still the site of a production and logistics centre.[5]
In 2002, Wacker Construction Equipment GmbH reorganised as Wacker Construction Equipment AG. The company focused on light construction equipment, including concrete technology, compaction, and utility tools, before acquiring Weidemann GmbH, which enabled it in 2005 to enter the compact construction and agricultural equipment market.[7] In 2006, it acquired Switzerland's Drillfix AG and the U.S. firm Ground Heaters Inc.
Wacker Construction Equipment AG was listed on the Frankfurt Stock Exchange on 15 May 2007 and joined the Prime Standard and SDAX indices later that year.[8] On 31 October 2007, it merged with Neuson Kramer Baumaschinen AG (Linz, Austria), a manufacturer of compact excavators, wheel loaders, dumpers, and skid-steer loaders.[9]
On 17 February 2009, the company changed its legal form to a Societas Europaea and adopted the name Wacker Neuson SE.[10] Between 2011 and 2017, Wacker Neuson produced mini-excavators for Caterpillar at its Hörsching plant in Austria. In 2017, Kramer entered a strategic alliance with John Deere to market tele-handlers and wheel loaders through Deere's dealer network.[10]
In 2022, Wacker Neuson acquired Spain's Enarco S.A., a manufacturer of light concrete-compaction equipment based in Zaragoza, Spain.[11]
References
[edit]- ^ "Wacker Neuson Annual Report 2021" (PDF). Archived from the original (PDF) on 2022-03-29. Retrieved 2022-03-29.
- ^ "About us". Wacker Neuson Group. 2025. Retrieved 2025-08-18.
- ^ "Wacker Neuson". Wacker Neuson. Retrieved 2025-08-18.
- ^ "Wacker Neuson Group: strong revenue and earnings growth in fiscal 2023 – focus on Strategy 2030". Wacker Neuson Group. 2024-03-26. Retrieved 2024-09-08.
- ^ a b "Our History – Wacker Neuson". Wacker Neuson UK. Retrieved 3 August 2025.
- ^ "History of Wacker". Wacker Neuson Corporate (archived). 5 September 2012. Retrieved 3 August 2025.
- ^ "WACKER übernimmt die WEIDEMANN-Gruppe". FinanzNachrichten.de. August 2005. Retrieved 3 August 2025.
- ^ "SDAX listing". Wacker Neuson Corporate (archived). Retrieved 3 August 2025.
- ^ "Wacker Neuson SE formed". Wacker Neuson Corporate (archived). Retrieved 3 August 2025.
- ^ a b [citation needed]
- ^ "Enarco joins Wacker Neuson Group". Wacker Neuson Group. 5 July 2022. Retrieved 3 August 2025.