Körber

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Körber AG

Type	Limited company (Aktiengesellschaft)
Industry	Mechanical Engineering
Founded	1995
Founder	Kurt A. Körber
Headquarters	Hamburg, Germany
Number of locations	over 100
Key people	, CEO
Revenue	EUR 2.0 billion (2019)
Number of employees	approx. 10,000 (2019)
Website	www.koerber.de

The Körber Group is headed by the company Körber AG, which is based in Hamburg. Körber AG is a strategic management holding which oversees companies in five business areas: digital, pharma, supply chain, tissue, and tobacco.^[1] In 2019, Körber Group had about 10,000 employees worldwide, with sales of €2.0 billion.^[1]

Until his death in 1992, the company founder, Kurt A. Körber, was the sole owner of the Körber AG. The entrepreneur, who remained childless, had already decided in 1969 that the Körber AG would be left entirely after his death to the Körber Foundation, and that it would annually receive a portion of the profits from the Körber Group as a dividend.^[2]

Group Structure[]

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The Group comprises five business areas, each of which is run by a management or holding company:^[1]

• Digital develops artificial intelligence and other software.
• Pharma builds machinery for manufacturing, inspection, and packaging of pharmaceuticals.
• Supply Chain provides system integration of material handling, machine vision, robotics, and software for warehouses.
• Tissue builds processing and packaging machinery for toilet paper and paper towels.
• Tobacco builds machinery to process tobacco and manufacture cigarettes and filters.

References[]