Bietigheim-Bissingen, June 30, 2022 - Few companies reach the age of 125 and stay at the cutting edge of technology. The Dürr Group has achieved this. Last night, the mechanical and plant engineering firm celebrated its 125-year company anniversary with 250 guests from business and politics - one year later than planned, due to coronavirus. Guest speakers Dr. Nicole Hoffmeister-Kraut, Baden-Württemberg's Minister for Economic Affairs, and Albrecht Reimold, Member of Porsche's Executive Board for Production and Logistics, offered their congratulations. Taking the stage, Heinz Dürr and CEO Dr. Jochen Weyrauch together looked both at the future and the past. The celebrations are due to continue on Saturday with a large summer party for employees.

The company was founded by Paul Dürr in Cannstatt in 1896 as a sheet metal workshop. Otto Dürr took over the business as the second generation and in turn brought his son Heinz on board in the 1950s. Heinz Dürr turned the small industrial company into a mechanical and plant engineering firm that operates on a global level. Today, the Group has around 18,000 employees in 33 countries and is targeting sales of just over €4 billion this year.

Dr. Nicole Hoffmeister-Kraut, Minister for Economic Affairs, emphasized that "the history of Dürr AG is extraordinary even by Swabian standards". Looking at the present and the future, she said: "Dürr AG has its finger on the pulse. It is a pioneer of climate-neutral production. It researches, develops, and works exactly where key technology fields converge, for instance in battery manufacture, the use of AI and state-of-the-art robot technology, the megatrend of energy efficiency and digital platforms."

Albrecht Reimold, Member of Porsche's Executive Board for Production and Logistics, paid tribute to the close cooperation with Dürr: "Our partnership goes back a very long way. We have successfully completed many large, important projects together. With its innovative solutions, Dürr AG plays an important part in our flexible production system." In addition, Albrecht Reimold emphasized Dürr's significance in the automotive industry's transformation toward electric mobility: "Through the newly established Cellforce Group, Porsche is moving into the production of high-performance battery cells. Here, too, we enjoy the support of Dürr as our partner - with an innovative system for coating electrodes."

Dr. Jochen Weyrauch, CEO of Dürr AG, thanked the Dürr family, which had three generations represented at the celebrations in Stuttgart: "The entrepreneurial spirit of the founder family still leaves its mark on us today. The Dürr history has become a success story because there have always been people who are fascinated by new technology and who prefer to deal with solutions rather than problems."

Taking the stage, Heinz Dürr and Dr. Jochen Weyrauch together looked at the history, culture, and future of the company. Heinz Dürr, whose family holds almost 30% of the Dürr AG shares, emphasized his guiding principle of the "company as a social organization." The Honorary Chairman of the Supervisory Board made special mention of the important role the employees play in the company's success: "It´s all about the employees, they have always been the foundation of our company. My most important advice to them is: stay hungry!", said Heinz Dürr.

On Saturday, Dürr is holding a big family party for its employees. Around 4,000 guests are expected to attend this event at the Bietigheim-Bissingen headquarters. Dürr had initially planned to celebrate its anniversary in 2021 but had to postpone due to the coronavirus pandemic.

Press photos

On Wednesday evening Dürr celebrated its 125-year company anniversary with 250 guests in Stuttgart.
Dr. Jochen Weyrauch, CEO of Dürr AG, holding his welcome speech.
Heinz Dürr´s advice to the employees was: "Stay hungry!" (right: Dr. Jochen Weyrauch, left: Yasmine Blair, presenter)
Dr. Nicole Hoffmeister-Kraut, Baden-Württemberg´s Minister for Economic Affairs, emphasized that "the history of Dürr AG is extraordinary even by Swabian standards".
Dr. Jochen Weyrauch (left) with Albrecht Reimold, Member of Porsche's Executive Board for Production and Logistics, who offered his congratulations to Duerr´s 125th birthday.
About the Dürr Group

The Dürr Group is one of the world's leading mechanical and plant engineering firms with extensive expertise in automation and digitalization/Industry 4.0. Its products, systems and services enable highly efficient and resource-saving manufacturing processes in different industries. The Dürr Group supplies sectors like the automotive industry, mechanical engineering, chemical, pharmaceutical, medical technology and woodworking industries. It generated sales of € 3.54 billion in 2021. The company has almost 18,000 employees and 120 business locations in 33 countries. The Dürr Group operates in the market with the brands Dürr, Schenck and HOMAG and with five divisions:

  • Paint and Final Assembly Systems: paint shops as well as final assembly, testing and filling technology for the automotive industry, assembly and test systems for medical devices
  • Application Technology: robot technologies for the automated application of paint, sealants and adhesives
  • Clean Technology Systems: air pollution control, noise abatement systems and coating systems for battery electrodes
  • Measuring and Process Systems: balancing equipment and diagnostic technology
  • Woodworking Machinery and Systems: machinery and equipment for the woodworking industry
Disclaimer

This publication has been prepared independently by Dürr AG/Dürr group. It may contain statements which address such key issues as strategy, future financial results, events, competitive positions and product developments. Such forward-looking statements are subject to a number of risks, uncertainties and other factors, including, but not limited to those described in disclosures of Dürr AG, in particular in the chapter "Risks" in the annual report of Dürr AG. Should one or more of these risks, uncertainties and other factors materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performances or achievements of the Dürr group may vary materially from those described in the relevant forward-looking statements. These statements may be identified by words such as "expect," "want," "anticipate," "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. Dürr AG neither intends, nor assumes any obligation, to update or revise its forward-looking statements regularly in light of developments which differ from those anticipated. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies.

Our financial reports, presentations, press releases and ad-hoc releases may include alternative financial metrics. These metrics are not defined in the IFRS (International Financial Reporting Standards). Net assets, financial position and results of operations of the Dürr group should not be assessed solely on the basis of these alternative financial metrics. Under no circumstances do they replace the performance indicators presented in the consolidated financial statements and calculated in accordance with the IFRS. The calculation of alternative financial metrics may vary from company to company despite the use of the same terminology. Further information regarding the alternative financial metrics used at Dürr AG can be found in our → financial glossary on the web page.

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Dürr AG published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 09:51:01 UTC.