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May 2019

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Hoffmann Group Celebrates Its Centennial

Hoffmann Group USA's global headquarters is celebrating the centennial of the company's founding. "In 2018, Hoffmann SE and its subsidiaries achieved record sales, topping $1.1B for the first time; the company's workforce has reached a record level of over 3,000 people; and the business continues to grow organically," said a company spokesperson.

"The fact that our business is doing so well today is due primarily to our highly committed staff," said Nicola Bleicher, great-granddaughter of the company founder and a shareholder in Hoffmann SE. Her sister and co-shareholder Verena Heinrich added, "Our employees are the driving force of our 100-year old company. Their vision, creativity and entrepreneurial spirit enable it to adapt flexibly to changing times."

The foundations of Hoffmann SE were laid by Josef Hoffmann on March 11, 1919, in Munich. His son Franz joined the business in 1932. In 1936, he created the Hoffmann catalog, which is now published in 18 languages, and is also available in the form of an online e-shop at the company's website. Starting in the 1950s, Franz Hoffmann aligned the business firmly towards the selling of quality tools supported by high-level expert advice. Franz Hoffmann was also responsible for launching the company's own product lines under the GARANT brand name back in 1973. "As the long-standing head of the company, he molded and embodied its culture and values more than anyone else," said the spokesperson.

"We are still today putting into practice the values by which the company first gained its success, now formulated by the slogan 'Pioneering, Precise, Personal'," explained Siegfried Neher, Executive Board Member and Director of Technology and Transformation of Hoffmann SE. "That approach incorporates a strong sense of quality awareness, as well as adherence to the three key criteria of keeping things simple, focused and useful, a firm commitment to continuous improvement and long-term planning. Our system of values is the compass which guides us and keeps us on course."

"The third generation of Hoffmann then merged the company with the Gödde, Oltrogge and Perschmann family businesses to form the Hoffmann Group - today the number one system partner in Europe for quality tools," said the spokesperson. Now headed by the fourth generation of the Hoffmann family, the Hoffmann Group with its partners has 69 subsidiaries in more than 50 countries all around the world.

"A key legacy of Franz Hoffmann is the commitment to getting ever better. It is the driving force behind the innovative strength of the company," said the spokesperson.

"We are investing massively in the future in order to drive innovation," said Bleicher. "At present our focus is on the development of digital products and services. Also, we are undertaking the largest project in the company's history, with LogisticCity."

LogisticCity is currently under construction on a 21.5 hectare site in Nuremberg, Germany, and will become the company's global distribution center. Some 900 people in total will be employed at the new facility in Nuremberg.

"We are sure that we are well set for the next 100 years," Verena Heinrich concluded.

For more information contact:

Hoffmann Group USA

202 N. Seven Oaks Drive

Knoxville, TN 37922


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