STIHL acquires garden machinery specialist Mogatec

The family-owned company STIHL has acquired a 75.1 percent stake in Mogatec GmbH, a specialist in modern garden machinery. This makes STIHL the majority shareholder in this Saxon company, which is based in Drebach, Germany. Over the coming years, STIHL intends to gradually acquire the remaining shares in Mogatec. This step is the result of a long-standing close relationship between the two companies, which collaborate on the development and production of various custom-made tools and machines.

Nikolas Stihl, Chairman of the Advisory Board and Board of Directors of STIHL, explains: “After almost 30 years of cooperation, Mogatec is finally officially part of our family business. We are very happy about this. With an experienced specialist like Mogatec at its side, STIHL, manufacturer of garden tools and machinery, can further expand its development and production competencies, especially in the growing battery market.” Martin Schwarz, Head of Production and Materials at STIHL, adds: “The fact that Mogatec employees are now part of the STIHL family is the logical next step in our close cooperation. This step strengthens STIHL's international production network and makes an essential contribution to our further growth, especially in the Saxony region. I am delighted that STIHL and Mogatec are continuing their journey together.” Erik Jachmann, shareholder at Mogatec: “The long-standing relationship between our two companies creates a great deal of trust. As a global market leader and family-owned company, STIHL embodies values that perfectly match our own. Thanks to this merger, Mogatec is ideally positioned for the future.”

Strengthening of the facility in Drebach (Saxony)

The two managing directors of Mogatec, Tobias Wetzel and Alexander Gränitz, continue: “For Mogatec, this integration into the STIHL Group marks the beginning of a new chapter in our history – a success story that has been going on for more than 30 years. With a global player like STIHL at our side, we can strengthen our location in Drebach in the long term.” The family-owned company STIHL plans to continue Mogatec as an operationally independent company. Tobias Wetzel and Alexander Gränitz will therefore continue to jointly manage the Saxon company.

Mogatec GmbH, which specializes in modern garden machinery, was founded in 1992. The company started with just 15 employees. Today, around 430 people work at the company's headquarters in Drebach, Saxony, manufacturing components used in the production of drive mechanisms, clutch and cutting systems, electric garden tools, and battery-powered garden machinery. In 2021, Mogatec achieved a turnover of almost €100 million.