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Trumpf SE + Co. KG is a German Family business company based in Ditzingen near Stuttgart, Baden-Württemberg. It originates from Julius Geiger's mechanical workshop. The Trumpf and Leibinger families transformed the medium-sized company into a globally recognized industrial group. Today, the company is one of the world’s largest suppliers of and a leader in laser technology. Trumpf is one of the most well-known representatives of the German 'Mittelstand'.
In the 1920s, the company grew to more than 70 employees. In 1933, the administrative and production headquarters were moved to Weilimdorf, a suburb of Stuttgart. To reflect the change in ownership, the company name was changed to Trumpf & Co. in 1937. The new name was used with the additional text "formerly Julius Geiger" for a few years after the change.
During the 1930s and 1940s, Trumpf manufactured mainly flexible shafts and electric hand shears. The company was a supplier to Elektron Co. of Bad Cannstatt, a manufacturer of compressed air systems. This company produced foot pumps that were also used in military aircraft. Trumpf employed around 100 people during the Second World War, a third of whom were French forced laborers (most of these men came from Vierzon, to the south of Paris).
The foreign customer base that Trumpf built up through its presence at international trade fairs also contributed to growth. The first foreign subsidiary was established in Switzerland in 1963. In 1969, the company entered the United States market. In 1977, Trumpf entered the market. Trumpf products were sold in more than 100 countries.
Trumpf continued to expand its production capacity to meet growing demand. In 1972, the company moved its headquarters to Ditzingen near Stuttgart, where new administration and production buildings were built. The company's Headquarters was located there as of 2008.
When Trumpf died in 1977, Leibinger succeeded him, becoming CEO in 1978. Under Leibinger's leadership, many innovations were developed. The first sheet-metal working machine with numerical path control attracted worldwide attention. This machine was based on a patent for coordinate guidance that Trumpf had registered in 1957 as the result of Leibinger's diploma thesis. In 1985, Trumpf also introduced its first carbon-dioxide laser, which formed the basis for a further business division.
Leibinger played a key role in the company's rise to market leadership. In 2005, he moved from the managing board to the supervisory board, where he remained as chairman until 2012. His daughter, Nicola Leibinger-Kammüller, took over the management of Trumpf. Since then, revenue has risen from around €1.5 billion in the 2005/06 financial year to €5.4 billion (2022/23). Leibinger-Kammüller broadened the group's base by setting up a bank and expanding software development capabilities. In 2020 the company further developed into Industry 4.0 positioning itself in the areas of smart factories, quantum technology and 3D printing.
Trumpf is wholly owned by the Leibinger family (90%) and the Berthold Leibinger Stiftung, foundation (10%). There have been no non-family shareholders since 2003. The Berthold Leibinger Stiftung is a key element of Trumpf's social responsibility efforts. The foundation supports non-profit, charitable, and church organizations, and also undertakes its own sponsorship projects in areas such as culture, science, church, and social welfare. It collaborates with the Doris Leibinger Stiftung, another foundation established by the Leibinger family, to further expand its philanthropic activities.
The supervisory board of Trumpf consists of an equal number of shareholder and employee representatives. It consists of twelve members (as of July 2023); four of which are women. The chairman is Peter Leibinger. Other known members are Regine Leibinger and Rainer Neske.
High-power laser amplifiers also play a central role in the manufacture of microchips. They are used to generate a plasma that provides the extreme ultraviolet (EUV) radiation for exposing wafers. The portfolio also includes laser diodes, which are used in smartphones or battery components of electrified cars, for example. Employees knowledgeable about Trumpf's laser amplifier technology have been a recruitment target of Huawei.
In Germany, Trumpf has traditionally had a strong presence in Baden-Württemberg, where 8 of its 14 domestic locations are situated. Over 8,000 employees work for Trumpf in Germany, representing half of the company's global workforce. Despite this, the Asia-Pacific region is a key market, generating around a quarter of the company's total revenue.
| + !In mio. euro !2017/18 !2018/19 !2019/20 !2020/21 !2021/22 !2022/23 | ||||||
| Turnover | 3,565,6 | 3,784,0 | 3,487,7 | 3,504,7 | 4,222,8 | 5,364,5 |
| Profit (EBIT) | 534,7 | 349,3 | 309,1 | 369,5 | 468,4 | 615,4 |
| Total revenue | 3,469,8 | 3,939,2 | 3,914,7 | 4,225,0 | 4,586,1 | 5,019,1 |
| Equity ratio | 54.1% | 51.4% | 51.5% | 47.7% | 52.1% | 53.8% |
| Employees | 13,420 | 14,490 | 14,325 | 14,767, | 16,554 | 18,352 |
In 2020, Trumpf received the German Future Prize again, this time for its groundbreaking contribution to the production of modern microchips using EUV (extreme ultraviolet) lithography. This achievement was the result of a partnership with ASML, Zeiss, and Fraunhofer IOF.
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