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TGW LOGISTICS GROUP

Company Profile Analysis

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TGW LOGISTICS GROUP - Automotive showcase

Year Founded & Workforce

1969

3,415 Employees

Industry

AutomotiveB2BB2C

Services

OmniPick- the zero-touch pocket sorter solution
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TGW LOGISTICS GROUP Employee Contacts

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TGW LOGISTICS GROUP Overview

Company Headquarters: Austria

Founded: 1969

Workforce: ~3,415

Company Working:

TGW LOGISTICS GROUP specializes in the design, manufacture, and distribution of dynamic and automated logistics solutions. It offers products under the storage solution, carton and tote conveyor system, unit load conveyor system, software, and robotics categories. It provides solutions under the flaskpick, omnipick, omnistore, and storage system categories. The group offers omnipick, as an automated overhead conveyor system for the retail industry. The product features artificial intelligence, machine learning, and smart robotics. Its products have applications in apparel, grocery, general merchandise, e-commerce & omni-channel, and third-party logistics.

TGW LOGISTICS GROUP has been a subsidiary of TGW Future Private Foundation since 2004. It operates and manages its business through its sales office across Europe, North America, and Asia-Pacific. PUMA SE, Jack Wolfskin, Esprit Holdings Limited, and Musikhaus Thomann are a few key clients of the company.

Strategy

TGW LOGISTICS GROUP focuses on enhancing its distribution network to supply automated overhead conveyor systems in the global market. It continuously invests in innovating and developing technologies and systems to meet the demand for advanced overhead conveyor systems in the rapidly changing business environment. The group primarily targets companies through expansion and collaborations across the general merchandise, e-commerce, apparel, and grocery industries.

Company Snapshot

$680M

Revenue

3,415

Employees

1969

Founded

Austria

Headquarters

SWOT Analysis

Strengths

  • Strong presence in Europe
  • Diverse product offerings

Weaknesses

  • Limited focus on expansion

Opportunities

  • Scope for investments to increase its presence in the global market
  • Investments in developing advanced technologies to integrate in its overhead conveyor systems

Threats

  • Changing trade policies and interest rates

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Product Offering

  • TGW LOGISTICS GROUP
    • OmniPick- the zero-touch pocket sorter solution

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 680 Mn in 2016 to USD 832 Mn in 2018.
TGW LOGISTICS GROUP — By Business Segment
Series (USD Mn)201620172018
Revenue680834832

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