The foundation of our family office can be traced to an engineering workshop in southern Germany making motorcycle transmission parts in 1935.
The foundation of our family office can be traced to an engineering workshop in southern Germany making motorcycle transmission parts in 1935.
The foundation of our family office can be traced to an engineering workshop in southern Germany making motorcycle transmission parts in 1935.
21 year-old accountant, Hermann Hagenmeyer, acquired Pfeiffer-Getriebewerke (Pfeiffer Transmission Plants) – despite initial scepticism from his brewing industry family.
After renaming to Getrag and specialising in motorcycle transmissions, Hermann supplied famous brands like Ardie-Nürnberg, NSU, Triumph, Standard, Viktoria and Zündapp and, by 1939, had grown the company to a turnover of 2.1million Reichmarks.
By 1955, having expanded to produce vehicle transmissions alongside motorcycles, annual turnover reached 14.7million Deutschmarks and the workforce numbered 1,013.
Getrag attracted new customers including Porsche and BMW. By 1966 another production hall was added to the original plant and turnover reached 50.2 million Deutschmarks from a staff of 1,252. In 1969 another facility was added in Ludwigsburg.
Through the 70’s, 80’s and 90’s Getrag expanded with the globalisation of the automobile industry to become the largest independent producers of manual transmissions in the world. In the 2000’s significant product innovation led to a portfolio of fuel-efficient double clutch automatic transmissions, hybridisation products and electric drive componentry being produced on three continents.
21 year-old accountant, Hermann Hagenmeyer, acquired Pfeiffer-Getriebewerke (Pfeiffer Transmission Plants) – despite initial scepticism from his brewing industry family.
After renaming to Getrag and specialising in motorcycle transmissions, Hermann supplied famous brands like Ardie-Nürnberg, NSU, Triumph, Standard, Viktoria and Zündapp and, by 1939, had grown the company to a turnover of 2.1million Reichmarks.
By 1955, having expanded to produce vehicle transmissions alongside motorcycles, annual turnover reached 14.7million Deutschmarks and the workforce numbered 1,013.
Getrag attracted new customers including Porsche and BMW. By 1966 another production hall was added to the original plant and turnover reached 50.2 million Deutschmarks from a staff of 1,252. In 1969 another facility was added in Ludwigsburg.
Through the 70’s, 80’s and 90’s Getrag expanded with the globalisation of the automobile industry to become the largest independent producers of manual transmissions in the world. In the 2000’s significant product innovation led to a portfolio of fuel-efficient double clutch automatic transmissions, hybridisation products and electric drive componentry being produced on three continents.
21 year-old accountant, Hermann Hagenmeyer, acquired Pfeiffer-Getriebewerke (Pfeiffer Transmission Plants) – despite initial scepticism from his brewing industry family.
After renaming to Getrag and specialising in motorcycle transmissions, Hermann supplied famous brands like Ardie-Nürnberg, NSU, Triumph, Standard, Viktoria and Zündapp and, by 1939, had grown the company to a turnover of 2.1million Reichmarks.
By 1955, having expanded to produce vehicle transmissions alongside motorcycles, annual turnover reached 14.7million Deutschmarks and the workforce numbered 1,013.
Getrag attracted new customers including Porsche and BMW. By 1966 another production hall was added to the original plant and turnover reached 50.2 million Deutschmarks from a staff of 1,252. In 1969 another facility was added in Ludwigsburg.
Through the 70’s, 80’s and 90’s Getrag expanded with the globalisation of the automobile industry to become the largest independent producers of manual transmissions in the world. In the 2000’s significant product innovation led to a portfolio of fuel-efficient double clutch automatic transmissions, hybridisation products and electric drive componentry being produced on three continents.
21 year-old accountant, Hermann Hagenmeyer, acquired Pfeiffer-Getriebewerke (Pfeiffer Transmission Plants) – despite initial scepticism from his brewing industry family.
After renaming to Getrag and specialising in motorcycle transmissions, Hermann supplied famous brands like Ardie-Nürnberg, NSU, Triumph, Standard, Viktoria and Zündapp and, by 1939, had grown the company to a turnover of 2.1million Reichmarks.
By 1955, having expanded to produce vehicle transmissions alongside motorcycles, annual turnover reached 14.7million Deutschmarks and the workforce numbered 1,013.
Getrag attracted new customers including Porsche and BMW. By 1966 another production hall was added to the original plant and turnover reached 50.2 million Deutschmarks from a staff of 1,252. In 1969 another facility was added in Ludwigsburg.
Through the 70’s, 80’s and 90’s Getrag expanded with the globalisation of the automobile industry to become the largest independent producers of manual transmissions in the world. In the 2000’s significant product innovation led to a portfolio of fuel-efficient double clutch automatic transmissions, hybridisation products and electric drive componentry being produced on three continents.
By 2015, business was thriving in Europe, North America and Asia with 14,000 employees producing over four million transmissions per year. In January 2015 THI Investments became fully operational as the investment office of the Hagenmeyer family. In December that year Getrag was divested to Magna International, a leading global automotive supplier.
A mittlestand story.
The basic values of our history – long term strategy, investment into people, product and customers and entrepreneurship – continue in THI.
By 2015, business was thriving in Europe, North America and Asia with 14,000 employees producing over four million transmissions per year. In January 2015 THI Investments became fully operational as the investment office of the Hagenmeyer family. In December that year Getrag was divested to Magna International, a leading global automotive supplier.
A mittlestand story.
The basic values of our history – long term strategy, investment into people, product and customers and entrepreneurship – continue in THI.
By 2015, business was thriving in Europe, North America and Asia with 14,000 employees producing over four million transmissions per year. In January 2015 THI Investments became fully operational as the investment office of the Hagenmeyer family. In December that year Getrag was divested to Magna International, a leading global automotive supplier.
A mittlestand story.
The basic values of our history – long term strategy, investment into people, product and customers and entrepreneurship – continue in THI.
