Who Owns Voith Turbo GmbH & Co. KG Company?

Voith Turbo GmbH & Co. KG Bundle

Get Full Bundle:

	SWOT	$15	$10
	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10

TOTAL:

ADD TO CART

Who Really Owns Voith Turbo GmbH & Co. KG?

Understanding the ownership of a company is crucial for grasping its strategic direction and market influence. Unveiling Voith Turbo GmbH & Co. KG SWOT Analysis, a key division of the Voith Group, requires a deep dive into its ownership structure. This knowledge is vital for investors, analysts, and anyone seeking to understand the long-term vision and accountability of this major player in drive technology.

The Voith Group, the parent company of Voith Turbo, has a rich history dating back to 1867, evolving from a small workshop into a global mechanical engineering powerhouse. Knowing who owns Voith is key to understanding its operations, investment decisions, and its commitment to its 22,243 employees and stakeholders worldwide. Exploring the Voith ownership structure reveals insights into its enduring legacy and future prospects, making this a critical area of investigation for anyone interested in the Voith company.

The story of Voith Turbo GmbH & Co. KG, and the larger Voith Group, begins with Johann Matthäus Voith. In 1825, he took over his father's locksmith workshop in Heidenheim, Germany. This marked the initial step toward what would become a major industrial player.

The official founding of J. M. Voith as an industrial enterprise is marked on January 1, 1867. Friedrich Voith, Johann Matthäus Voith's son, took over the business at the age of 26. Under Friedrich's leadership, the company evolved significantly.

Friedrich Voith focused on paper machines, water wheels, and turbines. The company expanded, and by 1913, it employed over 3,000 people in Heidenheim and had established its first subsidiary in St. Pölten, Austria, in 1903. The Voith Group remains entirely family-owned.

Early Beginnings

Johann Matthäus Voith started the business in 1825, taking over his father's workshop. Initially, the workshop focused on repairs.

Friedrich Voith's Leadership

Friedrich Voith transformed the business after assuming ownership in 1867. He specialized in paper machines and water turbines.

Company Growth

By 1913, the Voith company had grown to over 3,000 employees. The first subsidiary was established in 1903 in Austria.

Family Ownership

The Voith Group's ownership has remained within the Voith family. The Voith family is known as one of Germany's wealthiest.

Share Transfer

In 1912, Friedrich Voith converted the company into a general partnership. He transferred most of his shares to his sons, Walther and Hermann.

Hanns Voith

Hanns Voith joined the management team shortly after Friedrich's death in 1913. The family's involvement has been continuous.

Who Owns Voith Turbo GmbH & Co. KG?

The Voith Group, including Voith Turbo GmbH & Co. KG, remains entirely family-owned. The Voith family's control has been consistent since the company's early days. This structure provides a unique perspective on the company's long-term strategy. For more insights into the competitive landscape, you can explore the Competitors Landscape of Voith Turbo GmbH & Co. KG.

• The company's roots trace back to 1825.
• Friedrich Voith took over in 1867, expanding the business.
• By 1913, the company employed over 3,000 people.
• The Voith family continues to own the company.

Voith Turbo GmbH & Co. KG SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

The core of the Voith Turbo GmbH & Co. KG ownership structure lies with the Voith Group, a company that has maintained its 100% family-owned status throughout its history. This private ownership differentiates it significantly from publicly traded entities. The descendants of the Hanns Voith family have historically held the majority of shares, solidifying the family's control over the Voith company.

The evolution of the company has seen key strategic moves impacting its structure. In 1995, Voith Turbo and Voith Hydro gained legal independence as corporate divisions. Furthermore, acquisitions and joint ventures have played a crucial role. For instance, in 2000, Voith and Siemens Energy formed a joint venture, Voith Siemens Hydro Power Generation GmbH & Co. KG, where Voith held a majority stake. Voith later acquired the remaining stake in Voith Hydro from Siemens Energy on March 1, 2022, making it the sole owner of the Voith Hydro Group Division. More recently, in June 2022, Voith acquired a significant share of ARGO-HYTOS, integrating it into Voith Turbo.

The Voith Group's financial performance for the 2023/2024 fiscal year showed sales of €5.23 billion, with orders received increasing to €6.34 billion. This financial data underscores the company's continued growth and stability under its family-owned structure. Understanding the Voith ownership and its history helps in analyzing the company's strategic decisions and market position. For further insights into the company's business approach, consider reading about the Marketing Strategy of Voith Turbo GmbH & Co. KG.

Key Takeaways on Voith's Ownership

The Voith Group remains a 100% family-owned entity.

• Strategic acquisitions and joint ventures have shaped the company's structure.
• Voith Turbo GmbH & Co. KG is a key division within the Voith Group.
• Financial performance reflects the company's continued growth.

Voith Turbo GmbH & Co. KG PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

The Voith Group, including Voith Turbo GmbH & Co. KG, operates under a structure where the family owns the company entirely. The Corporate Board of Management is responsible for the strategic and operational management of the Voith Group. The Supervisory Board and the Shareholders' Committee provide advisory and regulatory oversight. The Supervisory Board also supervises the Management Board. Understanding Brief History of Voith Turbo GmbH & Co. KG can provide further context to the company's structure.

As of April 1, 2025, the CEO and Chairman of the Corporate Board of Management for the Voith Group is Dirk Hoke. Other members of the Corporate Board of Management include Stephanie Holdt (CFO since 2022), Andreas Endters (President & CEO of Voith Paper), Jan Lüder (President & CEO of Voith Hydro since April 1, 2025), and Cornelius Weitzmann (President & CEO of Voith Turbo since June 1, 2021). The Supervisory Board consists of twelve members, with an equal representation of shareholders and employees, each group having six members. Four of the six shareholder representatives are independent, in accordance with the German Corporate Governance Code, and the Chair of the Supervisory Board is also independent.

For Voith Paper Fabrics India Ltd., a Voith Group company, the board of directors as of March 2023 includes Ravinder Nath (Non-Executive Director), C.S. Gugliani (Company Secretary), Surinder Kumar Nagpal (Independent Director), R. Krishna Kumar (Managing Director), Benno Edmund Morlock (Chairman, Non-Executive), Pallavi Dinodia (Independent Director), and Deepti Gupta (Independent Director).

Ownership and Governance

Voith Turbo GmbH & Co. KG, part of the Voith Group, is entirely family-owned, ensuring clear lines of responsibility and strategic direction. The Corporate Board of Management handles operations, while the Supervisory Board provides oversight.

• The family ownership structure ensures long-term strategic alignment.
• The Supervisory Board ensures independent oversight and adherence to governance standards.
• The structure supports effective decision-making and operational efficiency.
• The company's governance aligns with German corporate governance standards.

Voith Turbo GmbH & Co. KG Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

In recent years, the Voith Group has made significant strategic moves, including acquisitions and restructuring, which have impacted the ownership and operational landscape of Voith Turbo GmbH & Co. KG. A key development was the full acquisition of Voith Hydro in March 2022, transforming it into a wholly-owned Group Division. Furthermore, in June 2022, Voith Turbo expanded its presence in the off-highway sector by acquiring a majority stake (79.5%) in ARGO-HYTOS. These actions reflect a focus on strengthening core business areas and expanding into new markets.

Leadership changes have also played a role in shaping the company. Dr. Toralf Haag stepped down as CEO of the Voith Group on August 31, 2024. Andreas Endters served as interim CEO from September 2024 until March 2025. Dirk Hoke was appointed as the new President and CEO of Voith GmbH & Co. KGaA, effective no later than April 1, 2025. These changes in leadership are part of the ongoing evolution of the Voith company.

The financial performance for the 2023/2024 fiscal year (October 1, 2023, to September 30, 2024) demonstrates resilience despite market challenges. Although Group sales decreased slightly to €5.23 billion, orders received increased by 3% to €6.34 billion. Orders on hand reached a record high of €7.99 billion as of September 30, 2024. The operating result (EBIT) for the first half of the 2023/2024 fiscal year improved to €129 million, and net income rose to €38 million. The company continues to invest in future growth and profitability, anticipating a slight sales increase for the 2024/2025 fiscal year. This is a testament to the Voith history and its commitment to sustainable industrial practices, as highlighted by its joining of the UN Global Compact in January 2024.

Key Acquisition

Voith acquired the remaining 35% stake in Voith Hydro in March 2022, making it a wholly-owned division.

Financial Performance

Orders received for the 2023/2024 fiscal year increased to €6.34 billion, despite slightly lower sales.

Leadership Changes

Dirk Hoke will assume the role of President and CEO of Voith GmbH & Co. KGaA, effective no later than April 1, 2025.

Sustainability Commitment

Voith joined the UN Global Compact in January 2024, underscoring its commitment to sustainability.

Voith Turbo GmbH & Co. KG Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔

Related Blogs