Dürr AG
TypeAktiengesellschaft
FWB: DUE
IndustryPlant and machinery construction
Founded1896 (1896)
FounderPaul Dürr
HeadquartersStuttgart, Germany
Area served
Worldwide
Key people
Jochen Weyrauch, CEO Dietmar Heinrich, CFO Gerhard Federer, Chairman of the Supervisory Board
Revenue4.3 billion Euro (2022)[1]
Number of employees
18,500 (2022)[2]
Websitewww.durr-group.com

Dürr AG is a global mechanical and plant engineering firm. The company, founded by Paul Dürr (1871–1936) as a metal shop for roof flashing in Bad Cannstatt in 1895, has been listed on the Frankfurt Stock Exchange since 4 January 1990. Meanwhile, the shares are listed in the MDAX and Stoxx 600. The customers of Dürr AG include almost all familiar automobile manufacturers and their suppliers. Other market segments include, for example, the mechanical engineering, chemical and pharmaceutical industries and – since the takeover of HOMAG Group AG in October 2014 – the woodworking industry. The company is registered in Stuttgart, but its actual location (mailing address) has been in Bietigheim-Bissingen since 1 August 2009 after the relocation of various business units.[3]

Company history

In 1896, a metal shop for roof flashing was founded in Bad Cannstatt by Paul Dürr. In 1917, the company expanded to sheet metal processing. In 1932, Paul Dürr handed the running of the company over to his son, Otto Dürr, who established a construction office.

Plant construction began in 1950 with the first system for chemical surface treatment. In 1963, Dürr installed the first equipment for electrophoretic dip-painting in the Ford factory in Genk, Belgium. In 1964 and 1966, subsidiaries were founded in Brazil and Mexico.

In 1978, Dürr expanded into the fields of automation and conveyor systems. Dürr launches its IPO and takes over the Behr-Group. So that all core capabilities for paint shop construction are now combined within one company. Dürr took over the French competitor Alstom Automation in 1999. The measuring systems group Carl Schenck AG also became part of the Dürr Group in 2000. In 2003, Dürr acquired the largest order in the company's history: General Motors ordered three paint shops in North America. In the summer of 2009, Dürr relocated its headquarter to the Bietigheim-Bissingen location.

In 2011 Dürr is expanding activities in the energy efficiency business area. In addition to exhaust air purification systems, that includes processes for utilizing energy recovered from industrial waste heat.

After 23 years at the top of the supervisory board of Dürr AG, Heinz Dürr retired from office in April 2013. Klaus Eberhardt was elected as his successor by the supervisory board, having been a member of the control body since 2012.

2014 Dürr acquires the majority of HOMAG Group AG, the world market leader for woodworking machines.

Dürr is represented in 32 countries at 123 business locations.[4]

Heinz Dürr 2013

Shareholder structure

StakeShareholder
26.2 %Heinz Dürr GmbH, Berlin
70.3%Institutional and private investors
3.5 %Heinz und Heide Dürr Stiftung, Berlin

Last change: 04/21/2022[5]

Divisions

  • Paint and Final Assembly Systems: paint shops and final assembly systems for the automotive industry
  • Application Technology: robot technologies for the automatic application of paint as well as sealants and adhesives
  • Industrial Automation Systems: automated assembly and test systems for automotive components, medical devices, and consumer goods as well as balancing and diagnostic technology
  • Clean Technology Systems: exhaust-air purification systems and energy-efficiency technology
  • Woodworking Machinery and Systems: machinery for the woodworking industry[6]

References

  1. ↑ Annual Report 2022 Website Dürr Group; PDF pg. 94. Accessed on 03/17/2023.
  2. ↑ Annual Report 2022 Website Dürr Group; PDF pg. 94. Accessed on 03/17/2023.
  3. ↑ Dürr Group at a glance Website Dürr Group; Accessed on 05/10/2022.
  4. ↑ Annual Report 2022 Website Dürr Group; Accessed on 03/17/2023.
  5. ↑ Shareholder Structure Accessed on 06/10/2022.
  6. ↑ Dürr Group at a glance Website Dürr Group; Accessed on 05/10/2022.
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