Huf Group

Velbert, Germany Founded: 1908 • Age: 118 yrs
Huf Group is recognized as a leading specialist in secure vehicle access and authorization systems for the automotive industry.

About Huf Group

Huf Group is a company based in Velbert (Germany) founded in 1908. It operates as a B2B2C. The company has 229 employees as of April 10, 2024. Huf Group has completed 1 acquisition, including BERU Italia S.r.l.. Huf Group offers products and services including Phone as a Key, Door Handle Systems, Lock Sets, and Electronic Control Units.

  • Headquarter Velbert, Germany
  • Employees 229 as on 10 Apr, 2024
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Huf Hülsbeck & Fürst Gmbh & Co. Kg
  • Date of Incorporation 30 Aug, 2007
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
    $27.35 M (USD)
    -5.55
    as on Mar 31, 2023
  • Net Profit
    $682.49 K (USD)
    74.64
    as on Mar 31, 2023
  • EBITDA
    $478.63 K (USD)
    -65.17
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    229

    as on Apr 10, 2024

  • Investments & Acquisitions
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Products & Services of Huf Group

Huf Group offers a comprehensive portfolio of products and services, including Phone as a Key, Door Handle Systems, Lock Sets, and Electronic Control Units. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Vehicle access is enabled using smartphone technology solutions.

Innovative door handles are designed for vehicle entry systems.

Secure lock sets are provided for vehicle protection systems.

Control units are developed for managing vehicle electronic systems.

People of Huf Group
Headcount 5000-10000
Employee Profiles 116
Employee Profiles
People
Miriam Mendez
Senior Human Resources Manager
People
Jose Avila
Hardware Design Engineer
People
Olivia Petreanu-Negru
Team Leader
People
Rafael Nogueira de Lima
Senior Product Development Engineer

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Funding Insights of Huf Group

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (27 Sep 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2025 Amount Unspecified - Huf Group Valuation

investors

Sep, 2021 Amount Debt – Conventional - Huf Group Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Huf Group

Huf Group has secured backing from 1 investor. Prominent investors backing the company include Sodecia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Huf Group

Huf Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BERU Italia S.r.l.. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Ignition and diesel cold-start systems are supplied globally.
1912
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Huf Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Huf Group Comparisons

Employees
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Competitors of Huf Group

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Huf Group

Frequently Asked Questions about Huf Group

When was Huf Group founded?

Huf Group was founded in 1908 and raised its 1st funding round 113 years after it was founded.

Where is Huf Group located?

Huf Group is headquartered in Velbert, Germany. It is registered at Velbert, Nordrhein-westfalen, Germany.

Who is the current CEO of Huf Group?

Tom Graf is the current CEO of Huf Group.

How many employees does Huf Group have?

As of Apr 10, 2024, the latest employee count at Huf Group is 229.

What is the annual revenue of Huf Group?

Annual revenue of Huf Group is $27.35M as on Mar 31, 2023.

What does Huf Group do?

Huf Group is established as a prominent supplier in the automotive sector, specializing in secure vehicle access and authorization systems. Solutions are developed for major automotive manufacturers worldwide, focusing on innovative products like Phone as a Key, door handle systems, and electronic control units. Operations are conducted across 17 global locations, ensuring comprehensive support and development in vehicle security and access technologies. The company is driven by customer-centric values and reliability, actively shaping advancements within the automotive industry since 1908.

What products or services does Huf Group offer?

Huf Group offers Phone as a Key, Door Handle Systems, Lock Sets, and Electronic Control Units.

How many acquisitions has Huf Group made?

Huf Group has made 1 acquisition, including BERU Italia S.r.l..

Who are Huf Group's investors?

Huf Group has 1 investor. Key investors include Sodecia.

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