Flex-Elektrowerkzeuge

Last updated
FLEX-Elektrowerkzeuge GmbH
Company type GmbH
Founded1922
Headquarters Steinheim an der Murr, Germany
ProductsProfessional power tools
Number of employees
320 [1]
Website flex-tools.com

FLEX-Elektrowerkzeuge GmbH is a German producer of power tools with headquarters in Steinheim. Founded in 1922, after producing its first MS6 angle grinder, FLEX became the first supplier of the tool in1935. In 1954, FLEX invented and began supply of the first flexible shaft angle grinder. [2]

Contents

The brand name 'Flex' became independent over time and is occasionally used colloquially for angle grinders, the derived verb flexen is used for cut-off grinding. [3]

The company has been owned by the Chinese Chervon Holdings Ltd. [4] since 2013. [3]

History

Foundation and Development

In 1922, Hermann Ackermann and Hermann Schmitt founded the company Ackermann & Schmitt in Stuttgart-Bad Cannstatt. [5] Their initial product was the MS6 hand grinder, which featured an electric motor with an attached flexible shaft. By the late 1920s, the company replaced the flexible shaft with an angular gearbox.

In 1935, Ackermann & Schmitt introduced the first low-speed angle grinder, followed by the launch of the first high-speed grinder in 1954. [6]

The outbreak of the Second World War abruptly disrupted Ackermann & Schmitt's operations. The company was compelled to shift its manufacturing focus to aircraft production. In 1941, the company faced the death of one of its founders, Hermann Schmitt, when he was killed in action in Russia. [5]

After the war, although much of the factory infrastructure remained intact, French dismantling teams removed most of the manufacturing machines. Hermann Ackermann worked to rebuild the company, resuming production with the manufacture of scissors, hand grinders, and a joint arm grinder. In 1954, Ackermann & Schmitt introduced the first high-speed angle grinder, the "DL 9". [5]

Transition to Flex-Elektrowerkzeuge GmbH

In 1996, Ackermann & Schmitt rebranded as Flex-Elektrowerkzeuge GmbH. [7] The company collaborated with Porter-Cable until 2004, when it was sold by Pentair to Stanley Black & Decker. Following this acquisition, Black & Decker took ownership of Flex-Elektrowerkzeuge GmbH.

Between 2005 and 2013, Flex was owned by various financial investors. In 2013, all shares in Flex-Elektrowerkzeuge GmbH were acquired by the Chinese company Chervon Holdings Ltd. [6] [8]

In North America, FLEX sell mainly metalworking (grinders and polishers) and masonry power tools, but in Europe it also makes and sells woodworking tools.

In 2019, Flex had 250 employees and sales of EUR 81.59 million, with an export ratio of 63.3%. [9] In 2020, the company was reported to have retained 250 staff members. [10] In 2021, FLEX became the shirt sponsor for Los Angeles FC. [11]

As of May 2024, Flex was listed in the lexicon of the world market leaders, in the 1039th ranking. [12]

Products

Flex's product range is designed to cover four key application areas: restoration and renovation, metalworking, automotive paint processing, and natural stone processing. [13]

Product History

Since the 2010s, the company has placed significant emphasis on developing cordless tools.

Flex offers tools powered by 10.8-volt [16] and 18-volt batteries, [17] [18] [19] featuring advanced brushless motors, and also 20V and 24V [14] power sources. [20]

Company Structure

Headquarters and Employment

Flex is headquartered in Steinheim an der Murr, Germany. As of 2019, the company employed 250 people and generated a turnover of EUR 81.59 million, with 63.3% of sales attributed to exports. [21]

Recent Developments

In 2020, the renovation of the administration building in Steinheim an der Murr was completed. In 2021, Flex introduced a revised brand design and a new slogan, "this is proformance," replacing the previous slogan, "The original." The term "proformance" is a portmanteau of "Profi" (professional) and "performance."

Subsidiaries and Corporate Structure

As of 2021, Flex operates five subsidiaries or sister companies: [14]

Until early 2021, Chervon North America Inc. was part of the Flex group. Following a restructuring of Chervon Holding Ltd., it now operates as an independent company, though it continues to use the Flex brand name, featuring a black and green design.

Awards

Flex and its products have been recognized with several awards over the years:

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References

  1. ↑ "Ausgezeichnet: FLEX Elektrowerkzeuge". Baugewerbe . 27 June 2024.
  2. ↑ Capraro, Joe (2023-09-17). "Who Makes Flex Power Tools, And Are They Any Good?". SlashGear. Retrieved 2024-08-12.
  3. 1 2 "Duden | flexen | Rechtschreibung, Bedeutung, Definition, Herkunft". www.duden.de (in German). Retrieved 2021-06-30.
  4. ↑ "EGO – Der Markt für Akku-Gartengeräte sortiert sich neu" [EGO – The market for cordless garden tools is reorganising]. Bauhof-online - AUS LEIDENSCHAFT ORANGE (in German). 2016-09-15. Retrieved 2024-08-12.
  5. 1 2 3 4 5 Nuissl, Nora (2015-02-05). "Der flexible Funkensprüher" [The flexible spark sprayer]. MM MaschinenMarkt (in German). Retrieved 2024-08-12.
  6. 1 2 "Proud past, exciting future ► 100 years of FLEX - FLEX". www.flex-tools.com. Retrieved 2024-08-12.
  7. 1 2 Nuissl, Nora (2015-05-02). "Der flexible Funkensprüher p 2" [The flexible spark sprayer - page 2]. MM MaschinenMarkt (in German). Retrieved 2024-08-12.
  8. ↑ von Schaewen, Oliver (2013-04-10). "Steinheim: Flex weiß sich bei Chinesen in guten Händen" [Steinheim: Flex knows it is in good hands with the Chinese]. stuttgarter-nachrichten.de (in German). Retrieved 2024-08-12.
  9. ↑ "– Bundesanzeiger". www.bundesanzeiger.de. Retrieved 2023-05-23.
  10. ↑ von Schaewen, Oliver (2020-06-15). "Flex in Steinheim: "Der Auslandsmarkt leidet immer noch"". stuttgarter-nachrichten.de (in German). Retrieved 2024-08-12.
  11. ↑ "LAFC Announces FLEX Power Tools as Official Jersey Sponsors". Los Angeles FC. March 26, 2021. Retrieved March 26, 2021.
  12. ↑ "FLEX-Elektrowerkzeuge GmbH im Lexikon der Weltmarktführer" [FLEX-Elektrowerkzeuge GmbH in the lexicon of world market leaders]. Die Deutsche Wirtschaft (in German). 2024-05-06. Retrieved 2024-08-12.
  13. ↑ "Branchen. In: Flex – Unternehmenswebsite" [Industries. In: Flex – Company website]. www.flex-tools.com (in German). Retrieved 2021-06-30.
  14. 1 2 3 Gunther, Cory (2023-03-24). "Are FLEX Power Tools at Lowe's Worth Buying?". How-To Geek. Retrieved 2024-08-12.
  15. ↑ KG, Patzer Verlag GmbH & Co (2023-06-13). "Mobiler Untersatz erleichtert die Arbeit: Innovatives Giraffen-Mobil vorgestellt". allgemeinebauzeitung.de (in German). Retrieved 2024-08-12.
  16. ↑ Holz, Ottmar (2019-10-23). "Neue Werkzeuge fürs Oberflächenfinish". »kfz-betrieb« (in German). Retrieved 2024-08-12.
  17. ↑ Gille, Denny (2022-07-04). "Werkzeugtest: Ein Schleifer, der was wegschafft". www.handwerk.com (in German). Retrieved 2024-08-12.
  18. ↑ KG, Patzer Verlag GmbH & Co (2023-06-10). "Akku-Einhand-Säbelsäge: Sicheres Arbeiten in Holz und Metall". allgemeinebauzeitung.de (in German). Retrieved 2024-08-12.
  19. ↑ Schreiner, Jakob (2024-04-30). "Flex-Schlagschrauber: Kleiner Kraftprotz für einen kleinen Preis". »kfz-betrieb« (in German). Retrieved 2024-08-12.
  20. ↑ Koehler, Kenny (2023-01-03). "Flex Power Tools Review: Are They Legit?". Pro Tool Reviews. Retrieved 2024-08-12.
  21. ↑ "Konzernabschluss zum 31. Dezember 2019 im elektronischen Bundesanzeiger" [Consolidated financial statements as of December 31, 2019 in the electronic Federal Gazette.]. www.bundesanzeiger.de (in German). Retrieved 2021-06-30.
  22. 1 2 "FLEX gewinnt den Red Dot Design Award und den PLUS X Award" [FLEX wins the Red Dot Design Award and the PLUS X Award]. www.flex-tools.com. Retrieved 2021-06-30.
  23. ↑ "FLEX gewinnt den Industriepreis 2016/BEST OF" [FLEX wins the Industry Award 2016/BEST OF.]. www.flex-tools.com (in German). Retrieved 2021-06-30.
  24. ↑ "Red Dot Design Award für die neuen FLEX Akku-Polierer" [Red Dot Design Award for the new FLEX cordless polishers]. www.flex-tools.com (in German). Retrieved 2021-06-30.[ dead link ]
  25. ↑ "Ausgezeichnet: FLEX Elektrowerkzeuge" [Excellent: FLEX power tools]. www.baugewerbe-magazin.de (in German). 2024-06-27. Retrieved 2024-08-12.
  26. ↑ Schneider, Konstantin (2024-06-27). "Besondere Auszeichnung für die FLEX Elektrowerkzeuge GmbH". werkzeugforum.de (in German). Retrieved 2024-08-12.


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