What started with only three people, now has the potential for customers all over the world.
Originally what was only available in the Odenwald region of Germany, is now on its way to the world wide market. The history of Schwinn is a classic success story from the German middleclass. For us the values of traditional craftsmanship is as important as the use of modern technology. For decades, we have succeeded because of a love for detail, and convincing commitment to innovation and excellence. These standards are important to customers all over the world. This is how we will shape our future.
Settings of the course
Takeover by DUBAG – Deutsche Unternehmensberatung AG
DUBAG Beteiligungsgesellschaft takes over the entire Schwinn Group. Thus, the positioning of the company and the position compared to the competition will be further strengthened.
2007 Acquisition by private equity firm Finatem
Acquisition by private equity firm Finatem
The Finatem investment company purchases the entire Schwinn Group. Thus, operations in the already profitable company are protected from cash flow problems and expansion capabilities are strengthened.
Commissioning of Schwinn Factory in Krakow
With a new plant in Krakow, the capabilities of Schwinn Polska Ltd were expanded to production using plastic injection moulding, die cast-zinc and surface finishing.
Construction in Weimar and move to Schwinn Weimar GmbH
Schwinn acquires a 14,000 square meter plot in the North Industrial area of Weimar. Here 3000 square meters provides space for production and administration. Today this is home to twelve modern zinc die casting machines, a vibratory grinding machine and a powder coating facilities. Together these are used to manufacture 50,000 to 60,000 furniture handles and knobs a day.
Foundation of Daughter Company Schwinn Polska Gmbh
In 1994, Schwinn Polska GmbH was founded with its headquarters in Krakow.
Foundation of Daughter Company Schwinn Weimer GmbH
After reunification, a branch was founded in Weimar. A hall is rented and the metal production from Nieder-Beerbach relocated there. With success: the machine park will grow from the original two to twelve modern zinc die casting machines over the next eleven years. Today 65 employees work in Weimar.
Foundation of Resin Press in Ober-Ramstadt
In 1932 Peter Schwinn founds a company in Ober-Ramstadt with two Employees