Hoerbiger Holding History and Products

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Hoerbiger Holding has a rich history that spans over 100 years. The company was founded in 1916 by Karl Hoerbiger in Vienna, Austria.

Hoerbiger's innovative spirit led to the development of the first vacuum clutch, a revolutionary technology that has since become a standard component in many industries.

History and Shareholders

Hoerbiger Holding has a rich history that dates back to 1903 when it was founded as an engineering office in Budapest. The company was later relocated to Vienna, where it developed rapidly and became a leading manufacturer of valves and control systems for compressors.

In 1925, Alfred Hörbiger joined the company and took over as CEO, while his father Hanns Hörbiger focused on scientific research. The company continued to grow, and by the mid-1940s, it had become a leading manufacturer in the field.

The company's main production facility in Vienna was destroyed in 1945, but production continued in temporary workshops. After Alfred Hörbiger's unexpected death in 1945, his wife Martina took over the company and led it through a period of significant growth and expansion.

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The company has undergone several changes in ownership and structure over the years. In 1997, the Hoerbiger Holding AG was established as the operational holding company in Switzerland, setting the long-term strategic framework for the company. Today, the Hoerbiger Foundation is the majority shareholder, holding 75% of the company's shares.

History

The company's roots date back to 1903 when Hanns Hörbiger and Friedrich Wilhelm Rogler founded an engineering office in Budapest, which later moved to Vienna in 1903.

Alfred Hörbiger, one of Hanns' sons, joined the company in 1925 and took over the leadership, while Hanns focused on scientific studies until his death in 1931.

The company rapidly grew under Alfred's leadership and became a leading manufacturer in the field of vent and regulation technology for compressors by the mid-1940s.

After the war, the main factory in Vienna-Simmering was largely destroyed, taking some of the company's intellectual property with it, but production continued in makeshift workshops.

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Assembling Machines in Factory
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Alfred Hörbiger passed away unexpectedly in July 1945, and his wife Martina took over the leadership of the company.

The company was awarded the State Award in 1967 and has since been allowed to use the Austrian national emblem in its business dealings.

Martina Hörbiger founded the Hoerbiger Stiftung in Basel before her death in 1989, which later became the majority owner of the company.

The company was reorganized after Martina's death, with all activities consolidated into a holding company.

The Hoerbiger Holding AG was established in Switzerland in 1997 as the operational holding company, setting the long-term strategic framework.

In 2007, Hoerbiger acquired the Oberstenfeld site of the automotive supplier Getrag, which became part of the Antriebstechnik business unit.

The pneumatics division, Hoerbiger-Origa, was sold to Parker-Hannifin in 2008.

Hoerbiger acquired Altronic, Inc. in Girard, Ohio, USA in 2009, which is now part of the Engine business unit.

The company's research institute, the JKU HOERBIGER Research Institute for Smart Actuators, was established in 2010 in partnership with the Johannes Kepler University Linz.

In 2015, Hoerbiger acquired IEP Technologies and expanded its Safety business unit through further acquisitions.

The company's main factory in Vienna-Simmering was relocated to a new building in the Seestadt Aspern in 2016.

Hoerbiger acquired Deublin in 2019, a leading provider of solutions for rotating shafts.

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Shareholders

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The Hoerbiger Foundation is the majority shareholder of the Company, controlling 75% of its shares through a subsidiary. This significant ownership stake gives the Foundation a substantial amount of influence over the Company's operations.

The remaining 25% of shares are held by Christiana Hoerbiger, a family shareholder, through an associated shareholding structure. This suggests a strong family connection to the Company's ownership.

Products and Acquisitions

Hoerbiger Holding is a company that offers a wide range of products, including drivetrain products, fuel cell systems, and actuation comfort solutions. Their drivetrain products include synchronizers, electromagnetic comfort dog clutches, and cone couplings.

Their fuel cell systems consist of bipolar plates, fuel cell stack components, and hydrogen pressure control units. These products are used in various industries, including automotive and oil and gas.

Hoerbiger has also made strategic acquisitions, such as the purchase of Deublin, a U.S.-based manufacturer of Rotary Unions. Deublin is a global leader in the area of Rotary Unions, which are mechanical devices that allow transfer of pressurized liquids and gases from a stationary source into rotating machinery.

Products

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Hoerbiger offers a wide range of products that cater to various industries. They have a strong presence in the automotive sector, providing drivetrain products such as synchronizers, DCT synchronizers, and electromagnetic comfort dog clutches for electric drivetrains.

Their drivetrain products also include eSYN synchronizers for electric drivetrains, clutch assemblies, cone couplings, disconnect clutches, and friction discs. These components are crucial for the smooth operation of vehicles.

In the fuel cell systems category, Hoerbiger offers bipolar plates, fuel cell stack components, and hydrogen pressure control units. These components are essential for the efficient operation of fuel cell systems.

Hoerbiger's actuation comfort solutions include vehicle height adjustment systems, hydraulic power units for intelligent suspension systems, and door operators. These products aim to enhance the comfort and convenience of vehicle occupants.

The company also offers other compressors, including refrigeration and air conditioning compressors, brake air compressors, rotary unions, and slip rings. These components are used in various applications, from industrial to automotive.

Here's a list of some of the other products offered by Hoerbiger:

  • Rotary unions
  • Slip rings
  • Cabin and cockpit test stations
  • Smartcontrol PDA devices
  • Protocol-based test and diagnostic systems
  • Electrical component intelligent measuring systems
  • Small test equipment systems

Their products are designed to meet the needs of various industries, from automotive to industrial.

Strategic Acquisition

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In November 2019, HOERBIGER made a strategic acquisition of Deublin, a U.S.-based manufacturer of Rotary Unions.

Deublin is a global leader in the area of Rotary Unions and has a worldwide footprint of manufacturing facilities and service locations.

The company is headquartered in Waukegan, Illinois, and serves blue-chip customers in a wide range of industries and applications.

Rotary Unions are mechanical devices that allow transfer of pressurized liquids and gases from a stationary source into rotating machinery.

For industrial applications with rotary motion, Deublin also offers electrical slip rings to transmit power and data.

Deublin will be a new division in the HOERBIGER Group and will remain a stand-alone operating unit.

The acquisition was a strategic and cultural fit for HOERBIGER, with Deublin President Ron Kelner stating, "With HOERBIGER we have found a new home that offers exciting possibilities."

Dr. Juergen Zeschky, CEO and Chairman of the Executive Board, HOERBIGER Holding AG, added, "Deublin is both a strategic and cultural fit for HOERBIGER. Together we have the ingredients for successful further development and stable growth."

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Frequently Asked Questions

Who is the CEO of Hoerbiger?

The CEO of HOERBIGER is Dr. Thorsten Kahlert, who was appointed in October 2021. He serves as both CEO and Chairman of the Executive Board.

What is the revenue of hoerbiger?

Our revenue reached a record high of 1.267 billion euros in 2022. This milestone marks the highest revenue in HOERBIGER's history.

Danielle Hamill

Senior Writer

Danielle Hamill is a seasoned writer with a keen eye for detail and a passion for storytelling. With a background in finance, she brings a unique perspective to her writing, tackling complex topics with clarity and precision. Her work has been featured in various publications, covering a range of topics including cryptocurrency regulatory alerts.

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