Oerlikon Group

Oerlikon Group Overview

Company Headquarters: Switzerland

Founded: 1906

Workforce: ~1,134

Company Working: Oerlikon group is engaged in the manufacturing of advanced materials, surface engineering, and polymer processing. The company operates mainly in two business divisions, namely surface solutions, and man-made fibers. The surface solutions segment includes brands such as Oerlikon Balzers, Oerlikon Metco, and Oerlikon AM, and its man-made fiber segment includes brands such as Oerlikon Barmag, Oerlikon Neumag, and Oerlikon Nonwoven. The company provides ceramic coating products under the Oerlikon Metco brand. It offers a wide range of products to diverse industries, including aerospace, general industries and tooling, automotive, power generation, and apparel & industrial textiles. The company has around 236 production sites, 77 sales offices, and 39 regional offices in 37 countries across the globe.

Strategy

Oerlikon group is focused on expanding its technology leadership via innovation in coating solutions. The company invests around 5% of its revenue in R&D. It aims at expanding its geographical foothold and opening three to four coating centers per year. Also, the company plans to increase its global presence via targeted acquisitions, value chain expansion, and operational excellence to gain a strong position in the market.

Company Snapshot

$2,896.1M

Revenue

1,134

Employees

1906

Founded

Switzerland

Headquarters

SWOT Analysis

Strengths

Global presence and vast distribution network
Robust R&D capability

Weaknesses

Decline in revenue by 5.2% from 2018 to 2019

Opportunities

Robust R&D investments of around 5% of its revenue
Growth in end-use markets

Threats

Intense competition from leading players
Fluctuating foreign exchange rates

Product Offering

Oerlikon Group
- Ceramic Coatings

Financial Performance

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