|Headquarters 🏙️||Dierikon, Switzerland|
Area served 🗺️
|Matijas Meyer (CEO), Beat Kälin (Chairman of the Board)|
|Products 📟||Wire processing machines|
|Revenue🤑||373.0 million Swiss Francs (2016)|
Number of employees
Komax Holding AG (Komax Group) is a globally active technology company that focuses on markets in the automation sector. The Komax Group employs around 1700 people worldwide. Its headquarters is in Dierikon, near Lucerne, Switzerland.
Komax Holding AG is listed on SIX Swiss Exchange. Market capitalization is more than CHF 1.2 billion.
Field of activity
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Komax manufactures series and customer-specific machinery for wire processing, mainly for the automotive industry. Its range of quality assurance modules, test systems and networking solutions complete the portfolio.
Komax produces in Europe, North and South America, Asia and Africa, and provides sales and service support in more than 60 countries through its subsidiaries and independent agents.
Komax was founded in 1975. Max Koch sets up the Komax engineering company, deriving its name from parts of his own (Koch Max). 1978 Komax converts from sole proprietorship to limited company. Back in 1981, the company's founder Max Koch initiated the expansion abroad with the founding of Komax USA, and has continued to pursue this expansion ever since. The first microprocessor driven crimping machine worldwide was introduced by Komax in 1982. Max Koch was awarded in 1987 the Branco Weiss Prize as "Businessman of the Year".
From the first half of the 90s Komax continued the expansion abroad and opened branches in Portugal, Germany, Singapore, Brazil, France, Morocco, China, Malaysia, India and Japan. Max Koch sold the company 1996 to management under the leadership of Leo Steiner. 1997 Going public. 2012 Komax acquired TSK Group and SLE quality engineering, both headquartered in Germany, and MCM Cosmic in Japan. Further acquisitions followed in 2016: The Austrian Thonauer Group, Ondal Tape Processing and Kabatec (both headquartered in Germany), as well as the acquisition of assets of SLE Electronics USA. In 2016 Komax sold the Medtech business unit to Italian IMA (company). 2017 Komax acquired assets of Practical Solution in Singapur and Shanghai and acquired Laselec, headquartered in Toulouse (France).
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