Marquardt Group
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Marquardt, a family-run company[5] founded in 1925 and based in Rietheim-Weilheim, Germany,[6] is a manufacturer of electromechanical and electronic switches and switching systems.[7] The products of the company are used by customers in the automotive industry and include operating components, vehicle access, driver authorisation systems and battery management systems. Additionally, the company's products are used in household appliances, industrial applications, as well as power tools.
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Company type | GmbH |
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Industry |
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Founded | 1925 |
Headquarters | Rietheim-Weilheim, Germany |
Key people | |
Products | Automotive Systems, Sensors and Controls |
Revenue | 1.4 billion EUR (2023)[4] |
Number of employees | 10,000 (2023)[4] |
Website | www.marquardt.com |
As of 2023[update] the Marquardt Group employed approximately 10,000 people[8][9] in 20 locations across four continents.[10] There was a sales revenue of 1.2 billion euros generated by the company in fiscal year 2020, according to company reports. In terms of research and development, Marquardt invests approximately ten percent of its revenues each year into it.