EBM-PAPST Overview
Company Headquarters: Mulfingen, Germany
Founded: 1963
Workforce: ~15,060
Company Working: The company is one of the leading providers of fans, motors, air technology and drive engineering solutions. The company offers its solutions for automotive, transportation, household appliances, electronics, heating ventilation and air-conditioning refrigeration machines and systems, medical and laboratory technology, and IT/telecom applications. Under its household appliances, it offers various products such as, fans, blowers, ovens, dryers & washer dryers, extractor hoods, refrigerators & freezers, and dishwashers.
ZEITLAUF GmbH antriebstechnik & Co KG (Germany), IKOR Sistemas Electrónicos S.L. (Spain), ebm-papst St. Georgen GmbH and Co. KG (Germany) are some of the key subsidaries of ebm-papst. It has wide geographic presence with 28 production sites and 48 sales offices across the globe.
Strategy
Ebm-papst focuses on acquiring new companies who offer household appliances to increase their share in the competitive market. For instance, in January 2017, the company acquired Italian company Lae S.r.l., which is specialized in offering guard grills for fans. This acquisition helped the company emerge as one of the leaders in manufacturing fans and motors for household appliances. It strategizes to invest in research and development to develop innovative solutions.
