Wacker Neuson SE: A Leading Name in Construction Equipment

Wacker Neuson SE, formerly known as Wacker Construction Equipment AG, is a renowned manufacturer of construction equipment and compact machines for the concrete and construction site technology industry. With its headquarters based in Munich, Germany, Wacker Neuson has established itself as a prominent player in the global market. This article delves into the history, innovations, and core aspects of this influential company.

History of Wacker Neuson

The roots of Wacker Neuson trace back to 1848 when Johann Christian Wacker founded a modest blacksmith’s shop in Dresden, Germany. Initially known simply as “Wacker,” the company began industrial production in 1875. Notably, in 1930, the company’s engineers introduced a high-frequency technology for internal vibrators, marking a significant advancement in concrete compaction.

During the same era, Wacker Neuson developed the first electrically powered rammer, revolutionizing the concrete and soil compaction industry. Before the outbreak of World War II, the company had diversified its product portfolio and established a robust domestic and international sales network. However, the war took a toll on the production facility in Dresden, leading to a temporary setback.

Post-war, in 1945, business operations resumed in Kulmbach, and the company relocated its headquarters to Munich in 1951. The company’s international presence began to take shape with its first foreign affiliate established in Hartford, Wisconsin, USA, in 1957. Later in 1986, Hartford operations moved to Menomonee Falls, where a production facility and logistics center were established.

Strategic Growth and Structural Changes

Wacker Neuson underwent significant structural changes in 2002, transitioning from a limited company (GmbH) to a public limited company, Wacker Construction Equipment AG. Up until 2005, Wacker focused on developing, producing, and distributing light construction equipment in segments such as concrete technology, soil and asphalt compaction, demolition, and utility, mainly catering to machinery up to approximately three tonnes.

The acquisition of Weidemann GmbH in 2005 marked a pivotal moment for the company, diversifying its product range into compact construction equipment and the agricultural sector. The strategic acquisition of companies like Drillfix AG in Switzerland and Ground Heaters, Inc. in the United States further expanded Wacker’s reach.

In 2007, the company went public and was listed on the Prime Standard of the Frankfurt Stock Exchange. It subsequently joined the SDAX later that year. A significant development occurred on October 31, 2007, when Wacker Neuson merged with Neuson Kramer Baumaschinen AG, based in Linz, Austria. This merger created a comprehensive range of compact construction equipment, including compact excavators, wheel loaders, dumpers, and skid steer loaders.

Innovations and Achievements

Wacker Neuson has a rich history of innovation. For instance, in 1930, Hermann Wacker introduced the first vibratory rammer, and in 1972, Weidemann created the Hoftrac. In recent years, the company has been focused on pioneering emission-free construction machines and equipment. In 2015, they introduced the first battery-powered vibratory rammer, paving the way for emission-free construction sites with performance equivalent to conventional machines.

At the 2019 Bauma fair, the company unveiled the autonomously controlled vibratory plate DPU110r with compaction control. This innovative device is controlled by a tablet, allowing for precise compaction work and seamless documentation.

Wacker Neuson also invests in “Smart Factory” solutions aimed at optimizing production. This includes the application of assistance systems, digital malfunction and quality management, and the use of 3D printing technology in prototype construction.

In the realm of digitalization, the company explores Augmented, Virtual, and Mixed Reality in “Smart Processes” to enhance efficiency and working principles.

Corporate Overview

Wacker Neuson SE organizes its activities by region, including Europe, America, and Asia-Pacific. The company is divided into three business fields: Light Equipment, Compact Equipment (with a focus on machinery up to approximately 14 tons), and Services (including spare parts, maintenance, and repair).

The Wacker Neuson brand offers a range of walk-behind and hand-held construction equipment globally. This includes rammers, vibratory plates, hammers, cutting tools, internal and external vibrators, and various construction site equipment. Moreover, the company provides compact construction equipment such as compact excavators, wheel loaders, dumpers, and skid-steer loaders.

Under the Kramer brand, Wacker Neuson sells all-wheel-drive wheel loaders, telescopic handlers, and telescopic wheel loaders. The Weidemann brand primarily focuses on machines like articulated wheel loaders, telescopic wheel loaders, and telehandlers designed for the agricultural sector.

Leadership and Shareholder Structure

Since June 2021, Dr. Karl Tragl has led the company as the CEO and Chairman of the Executive Board. The head of the Supervisory Board is Hans Neunteufel, founder of Neuson.

As of December 31, 2019, the shareholder structure consists of a 58.0% share pool held by the Wacker and Neunteufel families and a 42.0% free float.

Locations

Wacker Neuson operates across various locations globally, including its group headquarters in Munich, Germany. Production and training centers are spread across Europe and America, further emphasizing the company’s international footprint.

In conclusion, Wacker Neuson SE is a prominent name in the construction equipment industry with a rich history, a commitment to innovation, and a strong global presence. Their emphasis on emission-free solutions and digitalization showcases their dedication to driving the industry forward. With a diversified range of machinery and a commitment to quality, Wacker Neuson remains a key player in the world of construction equipment. For more detailed information, you can visit their official website.