WIKA celebrates 75 years: from a small pressure gauge production plant to a global player in instrumentation
With 11,000 employees, the company achieves a turnover of approximately one billion euros. Thanks to its very wide range of products and its excellent financial structure, WIKA has repeatedly proven the solidity of the group by posting an average growth of 8% over the last decade. The Covid-19 crisis constitutes an additional challenge where the group illustrates its robustness and resilience.
Today, the family business is represented worldwide by 43 subsidiaries and has production sites in all key markets. In addition to complete ranges of instruments for pressure, temperature, level, flow and force measurements, WIKA also offers a wide range of services: calibration services by accredited WIKA laboratories or on site, installation services, training, etc ….
Innovation has been at the heart of the group's priorities for several years. It allows the group to expand by relying on new technologies or by making it possible to address new markets. The group has therefore fully invested in industry 4.0, in particular with the acquisition of start-ups positioned in the IIoT, which develop the digitalization products and services of today and tomorrow.
To strengthen the company's strategy and enhance growth prospects, the group has also decided to invest 50 million euros in the construction of a new center dedicated to innovation and the development of new products and services in at its head office in Klingenberg (Germany). 20,000 m² will thus be devoted to offices, laboratories and production spaces. These new tools intended to consolidate the success of WIKA for the years to come will be inaugurated in 2021, to celebrate the anniversary of WIKA.
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