Höft & Wessel AG
Rotenburger Straße 20
Phone: +49 (0)511 6102 0
Fax: +49 (0)511 6102 411
Founding Year: 1978
Number of Employees: 201-500
The Hoeft & Wessel Group is the leading IT and engineering technology Group for ticketing, parking and mobile solutions in Germany and Great Britain. Established in 1978 by the two entrepreneurs who gave the company its name and listed on the stock market since 1998, the enterprise has developed into a group of companies with sales revenues of approx. EUR 80 million and a workforce of more than 400 employees. Its main locations are Hannover (Germany), and Swindon (UK), to the west of London.
The annual investment volume in the Research & Development division, which sets the pace in the Group’s technological orientation and employs approx. a third of the total workforce, amounts to approximately 10 per cent in terms of turnover. According to the EU Industrial R&D Investment Scoreboard, Hoeft & Wessel ranks amongst the top companies in Europe.
In Europe, Hoeft & Wessel with its brand Almex is a leading provider of ticketing and telematics systems for public transport and check-in solutions for the airline industry.
The British subsidiary Metric Parking is one of the largest global providers of car park ticket vending machines.
With its brand Skeye, Hoeft & Wessel is one of Europe's largest manufacturers of mobile terminals, e.g. for retail and logistics, and has become the market leader for the retail sector in Germany.
Impressive track record
In a corporate history exceeding 30 years, the Hoeft & Wessel Group has delivered well over 250,000 mobile data capture/processing terminals and nearly 100,000 ticket vending machines and car park ticket terminals. In particular, Hoeft & Wessel’s proven expertise in the auto-ID, ticketing and parking sectors bears testimony to this achievement. The technology company developed several successful product ranges such as the mobile terminal for train conductors.
Since its IPO in 1998, the sum of sales revenues of the Hoeft & Wessel Group exceeded the EUR 1 billion mark in fiscal 2010. Over the past 12 years, Hoeft & Wessel has developed into a medium-sized technology company that plans to continue recording dynamic growth in future by extending its international activities.
The product portfolio of the leading IT hardware and software specialist for ticketing, parking and mobile solutions in Germany and the United Kingdom corresponds to international trends towards widespread automation, networking and urbanisation. To be able to make sizeable gains from the growth in demand, Hoeft & Wessel pursues regarding the commenced internationalisation an opening up of new markets in a targeted fashion.
Business operations of the group of companies are concentrated in Europe with its two home markets, Germany and the United Kingdom. In addition to Europe, the United States also play a major role. Together with sales specialists and local partners, the Hoeft & Wessel Group aims further to extend its international operations. The products and systems of the group of companies are already deployed in more than 30 countries.
Many customers have traditionally been relying on Hoeft & Wessel solutions for a long time. These include large-scale, complex installations such as the ticketing system in Scotland’s fleet of buses, the order placed by Swiss Post for mobile devices or the comprehensive service for the ticket vending system of London Bus and the ticket vending machines supplied to German Rail. Hoeft & Wessel’s global service already accounts for more than 25 per cent of total sales revenues today. When placing follow-up orders, internationally renowned groups have opted for Hoeft & Wessel again. This high level of consistency along with the immense product reliability contribute towards boosting customer confidence and also play a pivotal role in the acquisition of new customers.