Hettich Holding GmbH & Co. oHG
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Hettich Holding GmbH & Co. oHG - overview
Established
1888
Location
-, -, Germany
Primary Industry
Consumer Products
About
Hettich Holding GmbH & Co. oHG specializes in developing and manufacturing innovative furniture fittings and systems, enhancing both functionality and aesthetics in furniture design. Founded in 1888 in Germany, Hettich is a manufacturer of furniture fittings, including drawer systems and hinges. The company has seen no significant pivots in its business strategy and does not operate under a parent company.
Hettich has offices in key locations globally, focusing on the European, Asia-Pacific, North American, and African markets. The firm has been involved in two investment deals, with the most recent deal occurring on June 10, 2006, when Capiton sold its stake back to the owning family. The current CEO team includes Daniel Gießelmann, Frank Iden, Lars Bohlmann, Matthias Dreher, Michael Lehmkuhl, Neeraj Chauhan, Philipp Rode, and Uwe Kreidel. Hettich specializes in the development and manufacture of innovative furniture fittings and systems.
The company's core products include drawer systems, sliding door systems, runner systems, and hinges, designed to enhance functionality and aesthetics. These products cater to various end-use cases, optimizing storage space and improving user convenience. Hettich serves cabinet makers, industrial clients, architects, and distributors, supplying solutions across multiple global markets. For the year 2022, Hettich reported a revenue of USD 1,442.
98 mn and an EBITDA of USD 181. 15 mn, generated through direct sales of its fittings and systems to a diverse clientele, primarily in B2B relationships with distributors and retailers. Hettich is focused on expanding its product lineup with upcoming innovations in furniture fittings, although specific release dates are not disclosed. The company plans to target new geographic regions for expansion, particularly in Asia-Pacific and North America, by the end of 2024.
The proceeds from the most recent deal in June 2006 will aid in supporting these expansion and product development initiatives.
Primary Industry
Consumer Products
Sub Industries
Furniture
Website
www.hettich.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Hettich Holding GmbH & Co. oHG - timeline of key events
Hettich Holding GmbH & Co. oHG - 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 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 754,157,807.1 | 797,721,311.2 | 835,211,332.5 | 825,598,680.9 | 804,893,961 | 831,623,017.2 | 861,561,654.3 | 918,259,817.9 | 1,007,215,242.2 | 1,027,131,183.1 | 1,016,173,477.5 | 1,269,490,998.5 | - | - | - |
| % Revenue Growth (YoY) | - | 5.8% | 4.7% | (1.2%) | (2.5%) | 3.3% | 3.6% | 6.6% | 9.7% | 2.0% | (1.1%) | 24.9% | - | - | - |
| EBITDA (USD) | 96,460,291.1 | 79,447,040.2 | 77,412,741.6 | 106,582,985.6 | 200,059,297.2 | 106,739,033.8 | 105,961,611.5 | 107,489,351.6 | 122,450,426 | 136,894,118.4 | 137,861,124.6 | 190,912,138.3 | - | - | - |
| Operating Income (USD) | 48,363,557 | 33,159,040.2 | 17,804,741.6 | 41,552,179.3 | 40,699,297.2 | 39,756,319.9 | 39,329,444.1 | 33,656,351.6 | 46,062,426 | 56,449,118.4 | 56,717,124.6 | 111,174,138.3 | - | - | - |
| Operating Margin | 6.4% | 4.2% | 2.1% | 5.0% | 5.1% | 4.8% | 4.6% | 3.7% | 4.6% | 5.5% | 5.6% | 8.8% | - | - | - |
| % EBITDA Margin | 12.8% | 10.0% | 9.3% | 12.9% | 24.9% | 12.8% | 12.3% | 11.7% | 12.2% | 13.3% | 13.6% | 15.0% | - | - | - |
| NET Income (USD) | 30,646,571 | 19,806,846.3 | 17,096,239.3 | 28,900,308.2 | 27,775,999.8 | 27,491,431.2 | 23,773,673.9 | 21,874,499.3 | 31,815,700.2 | 45,038,208.1 | 39,007,102 | 88,490,118.8 | - | - | - |
| % Net Margin | 4.1% | 2.5% | 2.0% | 3.5% | 3.5% | 3.3% | 2.8% | 2.4% | 3.2% | 4.4% | 3.8% | 7.0% | - | - | - |
Hettich Holding GmbH & Co. oHG - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Hettich Holding GmbH & Co. oHG | - | ||||||||
| Recapitalisation | Completed | Hettich Holding GmbH & Co. oHG | - |
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Hettich Holding GmbH & Co. oHG - employee data
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