Fischerwerke GmbH & Co. KG is a family-owned German multinational manufacturer, best known for its fastening products for the construction and DIY industry. The company also has [|divisions] in the Automotive, Toy, and Consulting industries. Fischer is considered to be a typical example of a large-sized mittelstand company. The name of the firm is not written with a capital 'f', which is an oddity especially in a German context where all nouns are generally written with an initial capital. The company was founded in 1948 by Artur Fischer and enjoyed early success due to high demand for the original S-Plug, which is still in production today. Ownership now belongs to his son, :de:Klaus Fischer |Klaus Fischer .
Overview and operations
fischer operates 47 subsidiaries in 35 countries worldwide. fischer products are available in countries without a direct subsidiary through a network of importers. The company manufactures mostly in Germany, but it also operates manufacturing plants in Brazil, Argentina, China, Italy, America and The Czech Republic. The company holds 2,043 patents and registered 13.83 patent applications per 1,000 employees in 2010 which is amongst the highest in Germany. The majority of the company's turnover comes from the fixings industry. Over 15.5m fischer plugs and anchors are sold worldwide every day.
History
One of the first commercial inventions of Artur Fischer was the synchronous camera flash which was sold to Agfa. In 1958 Artur Fischer designed the first plastic S-Plug which enables screws to be fastened into masonry substrate. Strong demand meant the company expanded rapidly and within three years the first subsidiaries were founded in Brazil and France. Originally intended as a novelty Christmas gift, fischertechnik was launched commercially in 1965. In 1980 Klaus Fischer took over management of the company from his father and expanded the company seven-fold with moves such as the 1981 launch of the CBOX in-car cassette holder, and the 1993 acquisition of Upat which expanded the range of chemical and steel anchors. More recentlyJoerg Fischer has taken the roles of CEO and Chairman thus passing management of the company to the third generation of the family. At his own request, Joerg Fischer left the company in 2012. In 2018, Marc-Sven Mengis became CEO of fischer.
Divisions
fischer fixing systems
The largest by turnover, this division manufactures a range of anchors used in the construction and DIY industry including nylon plugs, steel anchors, chemical anchors and a range of associated products such as SaMontec, solar-fix and screws.
fischer automotive systems
The second largest by turnover, this division manufactures interior automotive fittings, such as cupholders, dashboard compartments, air ventsetc. for a large range of OEMs including BMW, Mercedes, Chrysler and Honda
fischer supports a number of projects aimed at education including the Wissenfabrik organisation which fischer helped create in 2005. This project aims to educate schoolchildren from kindergarten onwards in entrepreneurship and business. An event known as "fischer-forum" is regularly held in the Waldachtal headquarters interviewing notable figures such as Porsche chief Wendelin Wiedeking, BASF CEO Jürgen Hambrecht and BundespräsidentHorst Köhler.
