TGW Logistics Group

Last updated
TGW Logistics
Company type GmbH
Industry Material handling
Founded1969;56 years ago (1969)
FounderLudwig Szinicz and Heinz König
Headquarters,
Austria
Key people
  • Henry Puhl (CEO)
  • Sebastian Wolf (CFO)
  • Christoph Wolkerstorfer (CTO)
ProductsSystems integrator for automated warehouse systems
ServicesSystems design, Manufacturing, Implementation, Maintenance
Revenue1.07 billion Euros (2024/2025)
Number of employees
4,600 (2024/25)
Website www.tgw-group.com

TGW Logistics is an Austrian company that supplies automated warehouse systems. The company designs, manufactures, implements and maintains end-to-end fulfillment systems - including systems such as goods receipt, storage, order picking and shipping. [1]

Contents

It is headquartered in Marchtrenk, Austria. The company name TGW comes from its original German name Transportgeräte Wels which refers to the location (Wels) and the business area (Transportgeräte, which means transport equipment)

History

TGW KingDrive conveyor technology TGW KingDrive(r) Rollenforderer.jpg
TGW KingDrive conveyor technology
TGW Stingray shuttle system TGW-Stingray-Shuttle.jpg
TGW Stingray shuttle system

The company was founded in 1969 by Ludwig Szinicz and Heinz König in Wels, Upper Austria. Initially, the two founders manufactured order picking trolleys and wheelbarrows with 10 employees - before developing the first conveyor belt in the company's history for an mail order company. This marked the entry into the warehouse automation business. The company's current headquarters are located in Marchtrenk, Upper Austria.

In 1987 the company opened its first subsidiary (TGW Transportgeräte GmbH) in Siegen (Germany). In 2001 TGW Systems Inc. was founded as a subsidiary in the United States. 2010 TGW opened offices in France and Sweden. In 2012 the company opened offices in China and Switzerland. In 2015, TGW Logistics opened another manufacturing site in Changzhou (China) followed by additional offices in the Netherlands.

In 2014 TGW acquired the material handling software company 'Klug GmbH'. Two years later 'CHM Automatisierungstechnik' became part of TGW Logistics- today known as 'TGW Robotics'. The company is specializing in robotics and automation technology.

In 2018, TGW Logistics opened its new headquarters 'TGW Evolution Park' in Marchtrenk, Austria. The five-story office building encompasses 248,000 square feet and offers amenities such as a company restaurant, a gym, a multi-functional activity garden and an on-site childcare facility. At the beginning of June 2018, the company headquarters were moved from Wels to Marchtrenk, and the location in Wels continues to exist. In the fall of 2024, the company announced that it would invest 100 million euros in the expansion of its headquarters: a 25,000 m² production hall and an automated warehouse will be built by summer 2026.

In the 2024/25 fiscal year the company generated revenues of 1.24 billion US dollars (1.07 billion Euros) and employed more than 4,600 people.

On November 3, 2017, the company announced that Harald Schröpf, previously COO, will succeed CEO Georg Kirchmayr. Due to differing views on the foundation's philosophy, the foundation's board of directors has decided to part ways with the previous CEO. He left the company at the beginning of November 2017.

In February 2024, Henry Puhl took over as CEO of TGW Logistics. In May 2025, Sebastian Wolf, CEO of firefighting equipment supplier Rosenbauer since 2022, joined the intralogistics specialist as CFO (Chief Financial Officer).

Organizations structure

TGW Logistics Group is a holding company which has operational subsidiaries:

As of 2020, TGW came 11th among the top 20 materials handling systems suppliers published by Modern Materials Handling in 2020. [2]

References

  1. "TGW Logistics launches RovoFlex picking robot and PickCenter software". The Robot Report. February 13, 2024.
  2. "Top 20 systems suppliers"". Modern Materials Handling. May 18, 2020.