Harmonic Drive SE
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Harmonic Drive SE - overview
Established
1970
Location
-, -, Germany
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Germany, Harmonic Drive SE develops precision actuation technology, specializing in innovative gear systems that enhance performance across various industries, including robotics and aerospace. Harmonic Drive SE focuses on precision actuation technology, offering advanced gear systems for diverse applications. Founded in 1970 in Germany, the company has undergone strategic changes, including its acquisition by Harmonic Drive Systems Inc. , which now holds 100% ownership after a deal finalized in May 2021.
The company operates globally with offices in Europe, Asia, and North America. The CEO is Norimitsu Ito alongside Thomas Berger. The most recent funding round was a Trade Sale in April 2021, where Harmonic Drive Systems Inc. acquired a 40% stake for JPY 14.
7 billion, raising the total amount to JPY 14. 7 billion. Harmonic Drive SE specializes in precision actuation technology, primarily through its Harmonic Drive® strain wave gear systems. The company provides high-performance gears and mechatronic solutions for applications in robotics, automation, medical technology, mechanical engineering, and aerospace.
Their innovative gear design, featuring three tooth engagement areas, enhances torque capacity and operational smoothness. The company serves a wide range of clients, including manufacturers and integrators in Europe, Asia, and North America, delivering reliable and efficient solutions for high-precision applications. In 2022, Harmonic Drive SE generated revenue of JPY 114,259,695. 80 with an EBITDA of JPY 24,720,967.
40. Revenue is primarily derived from direct sales of their precision gear systems and mechatronic solutions to business clients, including OEMs and integrators in high-tech sectors. The company maintains a strong market position by focusing on quality and technological advancements. Harmonic Drive SE aims to expand its product offerings and geographic reach.
The company is designing new products to enhance its precision actuation technology, with plans for release in upcoming years. The recent acquisition by Harmonic Drive Systems will strengthen its financial foundation and facilitate entry into new markets across Asia and North America. The JPY 14. 7 billion raised in the latest funding round will support these growth initiatives as the company seeks to meet increasing demand in high-tech industries.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts, Industrial Machinery
Website
www.harmonicdrive.de/en/home
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Harmonic Drive SE - timeline of key events
Harmonic Drive SE - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | 9,532,909,017.79 | 12,693,823,344.736 | - | 10,641,615,761.561 | 12,872,363,399.036 | 14,941,425,901.578 | 11,835,063,922.567 | 9,214,709,752.201 | 12,553,055,947.186 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | 33.2% | - | - | 21.0% | 16.1% | (20.8%) | (22.1%) | 36.2% | - | - | - |
| EBITDA (USD) | - | - | - | 2,146,218,593.995 | 3,035,648,669.26 | - | 124,692,669,371.042 | 3,388,945,698.927 | 3,801,806,315.583 | 1,529,553,410.655 | 1,292,262,550.544 | 2,603,962,948.207 | - | - | - |
| Operating Income (USD) | - | - | - | 1,656,496,663.778 | 2,496,204,889.809 | - | 1,625,504,170.67 | 2,803,900,653.406 | 2,999,335,044.285 | 602,814,244.631 | 343,169,774.769 | 1,636,643,552.436 | - | - | - |
| Operating Margin | - | - | - | 17.4% | 19.7% | - | 15.3% | 21.8% | 20.1% | 5.1% | 3.7% | 13.0% | - | - | - |
| % EBITDA Margin | - | - | - | 22.5% | 23.9% | - | 1171.7% | 26.3% | 25.4% | 12.9% | 14.0% | 20.7% | - | - | - |
| NET Income (USD) | 918,570.222 | 852,623.082 | 945,677.834 | 1,184,284,692.227 | 1,767,009,213.36 | 757,949,905.468 | 1,026,087,813.709 | 2,020,718,489.182 | 2,202,774,042.512 | 357,801,867.328 | 238,074,427.686 | 1,249,671,463.087 | - | - | - |
| % Net Margin | - | - | - | 12.4% | 13.9% | - | 9.6% | 15.7% | 14.7% | 3.0% | 2.6% | 10.0% | - | - | - |
Harmonic Drive SE - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Harmonic Drive SE | - | ||||||||
| Buyout | Completed | Harmonic Drive SE | - |
Displaying 1 - 2 of 2
Harmonic Drive SE - employee data
Harmonic Drive SE - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member & Vice President | BM |
BM Board Member
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