Industry

AL-KO

Among the market leaders in the garden tool sector

AL-KO is one of the global players among German medium-sized companies. The product and service portfolio stands for future-oriented technologies, German engineering and the highest quality standards.

Company Website

AL-KO Gardentech

With its globally strong brands AL-KO, solo by AL-KO and Masport, AL-KO Gardentech is one of the leading manufacturers of smart solutions in the global market for garden tools. Innovative battery technologies, the Internet of Things, robotics and artificial intelligence are important concepts in which AL-KO Gardentech is strongly expanding its expertise.

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Strong brand

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Revenues (Euro million)

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People

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Locations worldwide

Investment

Entry

2016

Holdings

Majority shareholding

Exit AL-KO Airtech

November 2022

Highlights

In 1931, the family entrepreneur Alois Kober lays the foundation for today's AL-KO KOBER GROUP by founding a forge in Großkötz (Bavaria).

From 1961, the international expansion of the company begins, the production of lawn mowers is started (1966) and the AL-KO Airtech division is founded (1975).

In 2016, the strategic realignment of the group takes place. AL-KO Fahrzeugtechnik and Dexter Axle merge to form DexKo Global Inc. It is the prelude to a forced growth strategy and lets numerous acquisitions follow from 2017.

In November 2022, AL-KO Airtech will become part of the international air conditioning group Trane Technology, which is thus expanding its production footprint in Europe and Asia.

Key to future value creation:

Opportunity to participate in the strong growth of IoT, robotics and artificial intelligence by offering smart products and solutions in Gardentech.
Targeted acquisitions to accelerate growth and digitization strategy.

PRIMEPULSE provides us with important impulses for the further development of the company – such as digital transformation or M&A transactions – in order to continue to be positioned for the future.

Peter Kaltenstadler

CEO, AL-KO