About WEG
WEG is a publicly listed company based in Duluth (United States) founded in 1961. Pumps and motors are manufactured by WEG for industrial use. It operates on a Professional Services and Direct-to-Consumer (D2C) model. The company has 47,530 employees. WEG has completed 10 acquisitions, including Balteau Produtos Elétricos LTDA, BirminD and Bluffton Motor Works. Its chief executive, as recorded, is Harry Schmelzer. Its website weg.net draws about 1 million monthly visits. Its Indian entity Weg Industries (India) Private Limited reported revenue of ₹686 Cr. WEG offers products and services including WEG Motion Drives, Digital Solutions, Power Generation, and Electric Mobility. Its focus areas include Industrial Goods, Machinery, Industrial Automation and Energy.
Company details
WEG is engaged in delivering innovative industrial automation and energy solutions globally. Operations span multiple sectors including mining, oil gas, water, and agribusiness. Customized solutions are developed for efficiency and sustainability in industries like steel, pulp and paper, and food beverage. Digital solutions for Industry 4.0 are provided to enhance connectivity and productivity. Electric mobility solutions, such as charging stations, are also offered to support sustainable transportation.
- Indian entity revenue₹686 Cr
FY 2025 · +8% YoY
- Indian entity net profit₹37.63 Cr
FY 2025 · 5% margin
- Indian entity EBITDA₹98.33 Cr
FY 2025 · 14% margin
- Latest Funding Round$50K (USD), Unspecified
Oct 2023
- Employee Count47,530
- Investments & AcquisitionsBalteau Produtos Elétricos LTDA
& 9 more
Associated legal entities of WEG
WEG operates through Weg Industries (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Weg Industries (India) Private Limited CIN U31909KA2008PTC046020 | Active | 10 Apr 2008 | Bangalore, Karnataka | ₹686 Cr | 687 | 5 | View details |
Products & Services of WEG
WEG offers a comprehensive portfolio of products and services, including WEG Motion Drives, Digital Solutions, Power Generation, and Electric Mobility.
Integrated solutions for manufacturing facilities are provided by WEG.
Remote monitoring solutions for industries are offered by WEG.
Sustainable energy solutions using renewables are developed by WEG.
Charging stations and powertrain systems are created by WEG.
Apps and channels of WEG
WEG publishes 1 mobile app with over 1K+ downloads; its YouTube channel WEG S.A. has 76.1K subscribers and 30 videos.
Videos from WEG
The most watched videos on WEG's YouTube channel, WEG S.A. (76.1K subscribers). Click a video to play it here.
More on WEG S.A..
Funding Insights of WEG
- Total Rounds 1
- Last Round Unspecified — $50,000
- First Round $50,000
(Oct 2023)
All 1 funding rounds of WEG with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $50,000 | Unspecified | – | – | – |
Board of directors of Weg Industries (India) Private Limited (WEG)
Weg Industries (India) Private Limited is the primary company behind WEG. The board of Weg Industries (India) Private Limited currently have 5 directors; the longest-serving is Jean Carlo Butske, appointed in 2020. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jean Carlo Butske DIN 08697247 | Managing Director | 12 Feb 2020 | 6 yrs 8 mo | Weg Industries (India) Private Limited |
| Joao Paulo Gualberto Da Silva DIN 08727043 | Director | 18 Mar 2020 | 6 yrs 7 mo | Weg Industries (India) Private Limited |
| Mitul Bharatkumar Zaveri DIN 09550558 | CFO | 02 Dec 2024 | 1 yr 11 mo | Weg Industries (India) Private Limited |
| Rodrigo Fumo Fernandes DIN 10962760 | Director | 21 Feb 2025 | 1 yr 8 mo | Weg Industries (India) Private Limited |
| Homero Fabiano Michelli DIN 11148944 | Director | 11 Jun 2025 | 1 yr 4 mo | Weg Industries (India) Private Limited |
People of WEG
250 people are tracked at WEG (48 in leadership, 7 in board & advisors, 195 in team); the tracked headcount is 47,530.
| Name | Role | Group |
|---|---|---|
Harry Schmelzer | CEO | Leadership |
Louis Meiring | CEO | Leadership |
Luciano Albertalli | Managing Director | Leadership |
Richard Walker | Managing Director | Leadership |
| Controlling Director | Leadership | |
Marcelo Severi | General Director - TGM | Leadership |
Sergio Wonczewski | Industrial Director | Leadership |
Harry Schmelzer Jr. | CEO | Leadership |
Julio Cesar Ramires | Director | Leadership |
Nathan Murfield | Director, Steam Turbines & Service | Leadership |
André Luís Rodrigues | Director | Leadership |
Susana Almeida | Head Of Purchasing | Leadership |
Gilson Ferreira Junior | Head Of Low Voltage Motors Sales & Business Development | Leadership |
Juliano Saldanha Vargas | Director | Leadership |
Daniel Marteleto Godinho | Director | Leadership |
Alberto Yoshikazu Kuba | Director | Leadership |
Eduardo De Nóbrega | Managing Director WEG China | Leadership |
Carlos Diether Prinz | Director | Leadership |
João Paulo Gualberto da Silva | Director | Leadership |
Jon Siebold | Vice President, Automation Division | Leadership |
230 more people are available in the full profile.
Complete people profiles for WEG
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IPO & Listings of WEG
WEG is a publicly listed company on the BMFBOVESPA with ticker symbol WEGE3 in Brazil, operating in the Producer manufacturing 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.
- IPO date08 May 2000
- Listed onB3: WEGE3
- Listed entityWEG SA
- Exchange sectorProducer manufacturing
- ISINBRWEGEACNOR0
- Share price50.81 BRL (-1.28% on the day) · 2026-10-13
- Market capitalisation213,199,361,192.00 BRL
- Price to earnings34.1
- EPS (diluted, trailing year)1.49 BRL
- Dividend yield3.86%
- Volume (last session)12,803,400
Financials of WEG
Figures of Weg Industries (India) Private Limited, the primary company behind WEG, for FY 2025. Revenue was ₹686 Cr (+8% year on year). Net profit was ₹37.63 Cr (5% margin). EBITDA was ₹98.33 Cr (14% margin). Revenue has grown at a compounded annual rate of +30% over three years and +12% over five years.
- ₹686 CrRevenue · FY 2025 · +8% YoY
- ₹37.63 CrNet profit · 5% margin
- ₹98.33 CrEBITDA · 14% margin
- ₹1.55 CrPaid-up capital
- 687Employees (provident fund records)
- +30%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 40.80B BRL | 6.38B BRL | 8.87B BRL |
| 2024 | 37.99B BRL | 6.04B BRL | 8.46B BRL |
| 2023 | 32.50B BRL | 5.73B BRL | 7.11B BRL |
| 2022 | 29.90B BRL | 4.21B BRL | 5.59B BRL |
| 2021 | 23.56B BRL | 3.59B BRL | 4.29B BRL |
Balance sheet, profit and loss, cash flow and ratios of Weg Industries (India) Private Limited are on its company page.
Detailed financial statements for WEG
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by WEG
WEG has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Balteau Produtos Elétricos LTDA, BirminD and Bluffton Motor Works.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Offers app for electric car recharging and software for network management services. | tupimob.com | Sao Paulo, Brazil | 2019 | Oct 2025 | $6.95M | |
MES and APS solutions are offered for manufacturing industries. | ppi-multitask.com.br | Sao Paulo, Brazil | 2000 | Jul 2025 | •••• | |
Excitation System Manufacturer - REIVAX | reivax.com | 2001 | Nov 2024 | •••• | ||
Single-phase and three-phase electric motors are manufactured for industrial applications. | voltmotor.com.tr | 0 | Sep 2024 | $88M | ||
Instrument transformers and measurement sets are manufactured for electrical applications. | balteau.com.br | Itajuba, Brazil | 1977 | Sep 2021 | •••• | |
Industrial analytics solutions are provided for process optimization. | birmind.com.br | Sorocaba, Brazil | 2015 | Sep 2020 | •••• | |
Provider of upstream service to oil and gas industry | v2com.com | Sao Paulo, Brazil | 2002 | Oct 2019 | •••• | |
Multiple electrical equipment is manufactured by Grupo TGM in Brazil. | grupotgm.com.br | Sertaozinho, Brazil | 1991 | Dec 2016 | •••• | |
Manufacturer of electric motors | blufftonmotorworks.com | 2006 | Mar 2016 | •••• | ||
Generators, gear motors, and related products are designed and manufactured. | trafo.com.br | Brazil | 1998 | Mar 2007 | •••• |
Complete acquisition details for WEG
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Timeline of WEG
13 dated milestones of WEG across 64 years, from founding to its latest funding, stage changes and deals.
- Founded WEG is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Trafo.
- Acquisition Acquires Bluffton Motor Works.
- Acquisition Acquires Grupo TGM.
- Acquisition Acquires V2COM.
- Acquisition Acquires BirminD.
- Acquisition Acquires Balteau Produtos Elétricos LTDA.
- Funding First funding round of $50K.
- Acquisition Acquires Voltmotor.
- Acquisition Acquires REIVAX.
- Acquisition Acquires PPI-Multitask.
- Acquisition Acquires Tupi.
Web traffic of WEG
The website of WEG (weg.net) receives about 1M visits a month and ranks #51,618 among all websites worldwide, #6,234 in Consumer Electronics.
- Monthly visits1M
▲ 9.4% vs previous month
- Unique visitors367.4K
per month
- Global rank#51,618
among all websites
- Category rank#6,234
Computers Electronics and Technology · Consumer Electronics
- Bounce rate40%
- Pages per visit4.3
- Average visit4 min 39 sec
- DevicesDesktop 65% · Mobile 35%
Websites whose visitors overlap most with WEG. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
weg365.sharepoint.com | weg365.sharepoint.com | 100% | – | ||
| leeson.com | 97% | 4K | #4,646,707 | View details | |
| tecowestinghouse.com | 97% | #962,934 | View details | ||
myweg.net | myweg.net | 90% | #442,617 | – | |
sprecherschuh.com | sprecherschuh.com | 89% | #1,211,691 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for WEG
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Related news about Weg
Complete news archive for WEG
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Frequently Asked Questions about WEG
WEG was founded in 1961 and raised its 1st funding round 62 years after it was founded.
WEG is headquartered in Duluth, United States.
Harry Schmelzer is the CEO of WEG, as recorded in our data.
WEG has 47,530 employees.
The primary company behind WEG, Weg Industries (India) Private Limited, reported revenue of ₹686 Cr for FY 2025, up 8% year on year.
WEG is engaged in delivering innovative industrial automation and energy solutions globally. Operations span multiple sectors including mining, oil gas, water, and agribusiness. Customized solutions are developed for efficiency and sustainability in industries like steel, pulp and paper, and food beverage. Digital solutions for Industry 4.0 are provided to enhance connectivity and productivity. Electric mobility solutions, such as charging stations, are also offered to support sustainable transportation.
WEG offers WEG Motion Drives, Digital Solutions, Power Generation, and Electric Mobility.
Yes, WEG is publicly traded on BMFBOVESPA under the ticker symbol WEGE3.
WEG has made 10 acquisitions, including Balteau Produtos Elétricos LTDA, BirminD, and Bluffton Motor Works.
WEG operates through Weg Industries (India) Private Limited.
The legal entities of WEG currently have 5 directors, including Jean Carlo Butske, Joao Paulo Gualberto Da Silva, Homero Fabiano Michelli and others.
Yes. WEG publishes WEG Solar Portal, with over 1,000 downloads.