“We have achieved a lot and much earlier,” Schwingshandl Automation Technology had known when the introduction of the investment company of the I partners was announced last year. The intralogist specialist from Holzhausen (Upper Austria) is still on growth, you roll up building plans and want to become number one in the world.
From the transport system for a rod specialist to technology for an expert in the sterilization of products to a logistics center in the paper industry- when it comes to individual logistics solutions in production and warehouses, Schwingshandl Automatiseringechnology is required.
Sell more than 45 million euros for the first time
“We want to become world market leaders in the niche handle maker -made intralogist solutions,” says Thomas Schwingshandl, who founded the company with the same name in Holzhausen. The European Investment Company I partners have held the majority on the intralogist expert since the previous year. And the purchase appears to be a good grip. In the previous year, sales rose for the first time via the brand of 45 million euros. For this year, the turnover of around 50 million euros is expected and is expected to increase to around 90 million euros by 2029.
“We want to grow healthy and sustainably. A central building block for this is our further internationalization, “says Schwingshandl. A great potential is mainly located in the US, so it is therefore planning to find a subsidiary there.
“Has the property secured us at an early stage”
Apart from that, expansion plans are also being rolled for the location in the Welsland district. A new office building with an underground parking space must be built, the expansion plans are already ready to repair in the drawer. A decision must be made per summer when it is built. “We have secured a home at an early stage and continue to invest in the Holzhausen location,” Schwingshandl emphasizes. In total, 120 employees are currently working for the company.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
