About Kardex Group
Kardex Group is a company based in Zurich (Switzerland) founded in 1898.. The company has 2,680 employees as of December 31, 2024. Kardex Group has completed 2 acquisitions, including MLOG Logistics and Rocket Solution. Kardex Group offers products and services including Vertical Lift Module, AutoStore Solutions, and Intuitive Picking Assistant. Kardex Group operates in a competitive market with competitors including GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Symbotic, among others.
- Headquarter Zurich, Switzerland
- Employees 2680 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Kardex Holding Ag
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Annual Revenue
$830.47 M (USD)10.3as on Dec 31, 2024
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Net Profit
$84.86 M (USD)18.81as on Dec 31, 2024
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EBITDA
$117.76 M (USD)10.37as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
2680
as on Dec 31, 2024
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Investments & Acquisitions
MLOG Logistics
& 1 more
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IPO & Listings of Kardex Group
Kardex Group is a publicly listed company on the SIX with ticker symbol KARN in Switzerland, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Kardex Group
Kardex Group offers a comprehensive portfolio of products and services, including Vertical Lift Module, AutoStore Solutions, and Intuitive Picking Assistant. 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.
Enclosed system for compact, high-capacity storage and retrieval.
Scalable robotic system for efficient order fulfillment.
Enhances productivity in picking processes for warehouses.
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Sales and Marketing
50 people
Software Development Team
28 people
Leadership Team
26 people
Finance and Accounting
18 people
Human Resources and Administration
13 people
Life Team
5 people
Board Team
5 people
Operations Team
5 people
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Funding Insights of Kardex Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Kardex Group
Kardex Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MLOG Logistics and Rocket Solution. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Innovative intralogistics solutions for automated small parts storage are provided.
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2019 | ||||
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Freight forwarding and logistics transportation services are provided internationally.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kardex Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kardex Group Comparisons
Competitors of Kardex Group
Kardex Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Symbotic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
Warehouse automation solutions are developed using AI and robotics technology.
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| domain | founded_year | HQ Location |
Automated robotic solutions are provided for warehouse operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kardex Group
Frequently Asked Questions about Kardex Group
When was Kardex Group founded?
Kardex Group was founded in 1898.
Where is Kardex Group located?
Kardex Group is headquartered in Zurich, Switzerland.
How many employees does Kardex Group have?
As of Dec 31, 2024, the latest employee count at Kardex Group is 2,680.
What is the annual revenue of Kardex Group?
Annual revenue of Kardex Group is $830.47M as on Dec 31, 2024.
What does Kardex Group do?
Founded in 1898 and headquartered in Zurich, Switzerland, Kardex Group operates in the automated storage and material handling sector. Systems including automated storage and retrieval (ASRS) units, conveyor setups, and control interfaces are developed, manufactured, and distributed. Manual storage racks for office applications are also provided to support diverse inventory needs across industrial and commercial environments.
Who are the top competitors of Kardex Group?
Kardex Group's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
What products or services does Kardex Group offer?
Kardex Group offers Vertical Lift Module, AutoStore Solutions, and Intuitive Picking Assistant.
Is Kardex Group publicly traded?
Yes, Kardex Group is publicly traded on SIX under the ticker symbol KARN.
How many acquisitions has Kardex Group made?
Kardex Group has made 2 acquisitions, including MLOG Logistics, and Rocket Solution.
What is Kardex Group's ticker symbol?
The ticker symbol of Kardex Group is KARN on SIX.