About WEGU
WEGU is a company based in Kassel (Germany) founded in 1949 was acquired by Zhongding Group in February 2015. The company has 24 employees as of December 31, 2020. WEGU operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
- Headquarter Kassel, Germany
- Employees 24 as on 31 Dec, 2020
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Wegu Holding Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$539.93 K (USD), Grant
Dec 15, 2021
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Investors
BAFA
& 1 more
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Employee Count
24
as on Dec 31, 2020
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Acquired by
Zhongding Group
(Feb 03, 2015)
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Funding Insights of WEGU
Investors in WEGU
WEGU has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BAFA and Zhongding Group.
| Investor | Description | Founded Year | Domain | Location |
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Business and energy news is delivered via an online platform.
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Manufactures and supplies key components for the automotive industry.
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Investor details for WEGU
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by WEGU
Investment portfolio details for WEGU
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- Transaction dates
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Financial Statements - WEGU
Detailed financials for WEGU
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- Profit trends
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Wegu Comparisons
Peer comparison for WEGU
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of WEGU
WEGU 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 ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobility systems are developed for cars, vehicles, and industrial uses.
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Manufacturer of gas-powered construction equipment
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Systems and components for the automotive industry are supplied worldwide.
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Manufacturer of bearings for the automotive industry
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Automotive products and services are supplied globally to automakers.
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Automotive cooling systems, pistons, and aftermarket components are manufactured.
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Detailed competitors of WEGU
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Wegu
Complete news archive for WEGU
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about WEGU
WEGU was founded in 1949 and raised its 1st funding round 72 years after it was founded.
WEGU is headquartered in Kassel, Germany. It is registered at Kassel, Hesse, Germany.
As of Dec 31, 2020, the latest employee count at WEGU is 24.
WEGU was established in 1949 in Kassel, Germany, where automotive components are produced and distributed. The company operates within the automotive sector, focusing on manufacturing and supplying parts for vehicles. Activities are centered in Kassel, supporting regional and international markets. Leadership is handled by Managing Director Horst Zimmermann, with the domain wegu-holding.de maintained for operations.
WEGU's top competitors include Cummins, Valeo and Cooper Standard.
WEGU has 2 investors. Key investors include BAFA, and Zhongding Group.