- CEO
- Philipp Kannengieber
- Full Time Employees
- 1,293
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Binzmuhlestrasse 171 Zurich ZH Switzerland 8050
- IPO Date
- Jun 20, 2018
- Business
- Klingelnberg AG develops, manufactures and sells machine tools for bevel and cylindrical gear production, precision measuring centers for gears and rotationally symmetric components, and digital solutions; offers Oerlikon bevel gear technology including spiral bevel gear cutting machines, tools and dry-cutting processes; provides Höfler cylindrical gear technology encompassing gear hobbing, grinding and testing machines such as the Speed Viper series and R 300 Gear Roll Testing machines; supplies Klingelnberg precision measuring centers like the P 125, P 152 and P 200 models with capabilities in roughness and optical measurement; and delivers drive technology components alongside comprehensive services including commissioning, maintenance contracts, production support, calibration, spare parts, repair, retrofitting, overhauling, training and grinding services. The company, founded in 1863 and headquartered in Zurich, Switzerland, operates engineering and manufacturing facilities in Zurich, Hückeswagen and Ettlingen, Germany, with sales and service subsidiaries in Italy, France, Spain, Japan, India, China, Brazil, the United States and Mexico; serves industries including automotive, commercial vehicles, aviation, shipbuilding, wind power, renewable energies, marine propulsion, mining and general gear manufacturing, with a focus on high-precision gears for electromobility, hybrid drives, airplane engines, cement mills, trains and oil platforms. In recent developments, Klingelnberg AG acquired measurement technology specialist VISPIRON ROTEC GmbH (now ROTEC Munich GmbH) in September 2024 for EUR 3.6 million to strengthen its market position, secure supply chains and expand rotational analysis capabilities, resulting in goodwill of EUR 1.6 million and integration of intangible assets valued at EUR 0.6 million; successfully launched new measuring center models P 125, P 152 and P 200, which gained strong market acceptance amid aviation and wind power demand; and reported record half-year net sales of EUR 126.9 million in the first half of fiscal 2024/25 ending September 30, 2024, up 20% year-over-year, with a high order backlog of EUR 241.7 million despite global economic slowdowns, supported by growth in hybrid vehicles, Asian markets and after-sales business including retrofits. The Klingelnberg family remains an anchor shareholder, with over 200 patents underscoring ongoing innovation, and the company maintains ISO 14001 certification for environmentally sound practices; its shares trade on the SIX Swiss Exchange under ticker KLIN.SW.