The Hettich group of companies, one of the world's leading furniture fittings manufacturers headquartered in Kirchlengern, generated sales of around €1.4 billion in 2024. The merger with FGV in January 2024 brought a turnover increase of around 12 percent compared to the previous year. Sales abroad accounted for 80 percent. Hettich has around 8,400 employees worldwide, around 4,000 of whom are employed in Germany.
Dr. Andreas Hettich, Chair of the Hettich Group's Advisory Board.
Hettich's balance sheet press conference this year provided insights into the many-to-many management culture the group practises. Management team representatives along with experts looked back on the 2024 business year and shared future perspectives.
Hettich and FGV: powerful duo for the future
Last year, FGV and Hettich, two long-established family-owned companies with over 200 years of combined experience, set up a strong network. 'The many face-to-face talks and intensive dialogue in international project teams have not only strengthened our liaison but also laid the foundation for a successful future,' stresses Jana Schönfeld, Managing Director at Hettich. A significant step in this working partnership was to open the first joint subsidiary, Hettich Vietnam, in January 2025. 'We are delighted to be able to boost our presence in Asia with Hettich Vietnam. With its 100 million inhabitants, the Vietnamese market comes with excellent growth opportunities, and our Hettich and FGV brands will let us embrace and target the market's different needs,' adds Philipp Rode, Managing Director at Hettich.
Sustained investment in a shared future
Over the past three years, the Hettich Group has invested over €450 million in new products and capacities. Sustainably expanding production facilities in Germany is a visible step in this direction. Timo Pieper, Managing Director at Hettich, points out: 'Our new production halls exceed the requirements of Germany's Energy Saving Ordinance and set new standards for ecofriendly industrial construction.' Hettich is also investing internationally, as demonstrated by the formal opening of the Leg Factory in Penang, Malaysia. This will be the forge of innovative solutions for height adjustable desk systems.
International accolades
Hettich products, like FurnSpin and RoomSpin, have received prestigious prizes, including the Interzum Award, the Red Dot Award and the German Design Award. On top of this, the Hettich Group is proud of featuring in the new edition of "The Major German Brands 2025", which showcases outstanding German brand name companies.
Hettich has also received numerous accolades as an employer, including "kununu Top Company 2025" and "Top JobRad Employer". Lars Bohlmann, Managing Director at Hettich, explains: 'These awards are testimony to our commitment towards promoting the health and safety of our colleagues while fostering a culture of transparent communication as equals. We want to create a working environment that lets everyone contribute their strengths, passions and ideas.' Worthy of particular mention too is Hettich India receiving "Great Place to Work" certification as confirmation of promoting trust, respect and camaraderie.
Challenges and outlook for 2025
Michael Lehmkuhl, Managing Director at Hettich, highlighted key challenges for 2025, including geopolitical crises, technological uncertainty, and declining construction activity. He expressed concern over the Carbon Border Adjustment Mechanism (CBAM), which excludes furniture fittings, putting European manufacturers at a disadvantage. To navigate these challenges, Hettich aims to strengthen customer collaborations, enhance digital processes, and expand global networking. The company is also validating its climate targets through the Science Based Targets Initiative (SBT) to reinforce its commitment to sustainability. At Interzum 2025, Hettich will showcase its "Transforming Spaces – with Innovative Motion" concept, positioning itself as a strategic partner for the furniture industry. Through innovation and sustainability, the company seeks to drive progress despite economic uncertainties.
More information:
Hettich
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www.hettich.com