TGW Logistics Company Profile: History, Figures, Products and Leadership
Updated: 7 days ago
TGW Logistics is an Austrian company that designs, builds and maintains automated warehouses. It was founded in 1969 and reported revenue of EUR 1.07 billion for 2024/25, with more than 4,600 employees. This profile sets out its history, figures, products and leadership.
TGW Logistics at a Glance
Fact | Detail |
Company | TGW Logistics Group |
Founded | 1969, in Wels, Upper Austria |
Founders | Ludwig Szinicz and Heinz Koenig |
Headquarters | Marchtrenk, Upper Austria, since 2018 |
Employees | More than 4,600 |
Revenue | EUR 1.07 billion in 2024/25 |
Ownership | A foundation |
Chief Executive Officer | Henry Puhl, since February 2024 |
Company History
Ludwig Szinicz and Heinz Koenig founded TGW in Wels in 1969, making order picking trolleys and wheelbarrows. A first conveyor belt for a mail-order company took it into warehouse automation. It opened its first foreign subsidiary in Germany in 1987 and its US company in 2001, and moved into a new headquarters in Marchtrenk in 2018.
Key milestones
1969: Founded in Wels.
1987: First subsidiary, in Siegen, Germany.
2001: TGW Systems founded in the United States.
2010 to 2012: Offices in France, Sweden, China and Switzerland.
2014: Software company Klug acquired.
2015: Manufacturing site in Changzhou, China.
2016: CHM Automatisierungstechnik acquired; now TGW Robotics.
2018: New headquarters, TGW Evolution Park, in Marchtrenk.
2024: EUR 100 million headquarters expansion announced; Henry Puhl becomes chief executive.
2025: Sebastian Wolf joins as chief financial officer.
Products and Services
TGW is a systems integrator. Its end-to-end systems cover goods receipt, storage, order picking and shipping, and it does the design, manufacturing, installation and maintenance itself. Since June 2022 its QUBA portfolio has included mobile robots from the German maker SAFELOG.
Leadership
Name | Role |
Henry Puhl | Chief Executive Officer, since February 2024 |
Sebastian Wolf | Chief Financial Officer, since 2025 |
Can You Invest in TGW Logistics?
No. It is owned by a foundation and has no listed shares.
Strengths and Challenges
Strengths
More than 50 years of warehouse automation experience.
Design, manufacturing and service in one company.
Foundation ownership that supports long-term investment.
Challenges
Project business that depends on large individual orders.
Competition from larger integrators and robot-based systems.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 7 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
TGW Logistics FAQ
Where is TGW Logistics based?
In Marchtrenk, Upper Austria.
When was TGW founded?
In 1969, by Ludwig Szinicz and Heinz Koenig.
How big is TGW Logistics?
Revenue of EUR 1.07 billion in 2024/25 and more than 4,600 employees.
Who is the CEO of TGW Logistics?
Henry Puhl, since February 2024.
Is TGW Logistics publicly traded?
No. It is owned by a foundation.
Sources
Wikipedia: TGW Logistics Group
SAFELOG: company
