ARGO-HYTOS

www.argo-hytos.com

Enabling international growth by strengthening equity and investing in technological expertise

Duration of investment: 2016 - today, majority sale to the technology and family group VOITH in August 2022; still a minority shareholder

Sector: Mechanical engineering and industrial technology

Employees:

    At entry: 1,275
    With majority sale to VOITH in 2022 approx. 1,700

Sales volume:

    At entry: €130 million
    With majority sale to VOITH in 2022 >€200 million

Key strategic measures:

    International growth strategy: Strengthening sales in strategic core markets, primarily Asia, North and South America
    Significant investments in production sites to expand capacity and increase automation as well as value stream optimization
    Systematic expansion of new product development and market launch; also in the area of sensor technology and predictive maintenance
    Restructuring and significant further development of the after-sales / service business, particularly in the filter area
    Continuous further development of corporate governance and Group organization as well as strengthening of KPI-based management
    Implementation of corporate succession
    As a result: significant increase in sales and disproportionately high increase in profitability and cash flow