Who Owns STIHL?

Who owns STIHL?

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STIHL, a name synonymous with high-quality outdoor power equipment, has been a trusted brand for professionals and homeowners alike for nearly a century. But have you ever wondered who owns STIHL? In this article, we will take a comprehensive look at the ownership structure, history, and legacy of this iconic power tool brand.t

The Roots of STIHL

Before delving into the current ownership of STIHL, it’s important to understand the brand’s origins. Andreas Stihl, a German engineer, founded the company in 1926. His innovative mind and passion for creating better tools led to the development of the world’s first electric chainsaw in 1926. This marked the beginning of a journey that would revolutionize the forestry and outdoor power equipment industry.

Over the years, STIHL continued to innovate and expand its product range, introducing the first gasoline-powered chainsaw in 1929 and a host of other groundbreaking tools, including trimmers, blowers, and cut-off machines. STIHL’s commitment to quality and innovation established it as a global leader in the industry.

Ownership Structure

STIHL remains a family-owned and operated company to this day, which is a testament to the company’s commitment to its core values and traditions.

  1. The STIHL Family: The company is still owned by the Stihl family, with the majority of shares held by the descendants of Andreas Stihl. This family ownership structure has been a key factor in STIHL’s ability to maintain its independence and focus on long-term growth and quality.
  2. Andreas Stihl AG & Co. KG: Andreas Stihl AG & Co. KG is the legal entity that represents the STIHL Group. While the family retains a significant stake, the company is run by a management board and supervisory board, which includes both family members and external experts. This structure ensures a balance between family values and corporate governance best practices.
  3. Corporate Governance: STIHL places a strong emphasis on corporate governance, with a clear commitment to ethical business practices, sustainability, and transparency. This commitment extends to all aspects of the company’s operations, from product development to environmental responsibility.

Legacy of Innovation

STIHL’s ownership structure has allowed it to maintain its unwavering commitment to innovation. The company has a rich history of introducing pioneering technologies and designs in the outdoor power equipment industry.

  1. Pioneering Chainsaws: STIHL is credited with introducing the first electric and gasoline-powered chainsaws, revolutionizing the logging and forestry industries. These early innovations laid the foundation for the modern chainsaw design and performance we see today.
  2. Expanding Product Line: Over the years, STIHL has expanded its product line to include a wide range of outdoor power equipment, such as trimmers, blowers, edgers, and more. These tools are designed with the same dedication to quality and performance that the brand is known for.
  3. Environmental Stewardship: In recent years, STIHL has placed a strong emphasis on sustainability and environmental responsibility. The company has developed a range of environmentally friendly products, including battery-powered tools and low-emission engines, to reduce its carbon footprint and contribute to a greener future.

Global Reach

STIHL’s commitment to quality and innovation has not only made it a trusted brand but has also allowed it to expand its presence globally.

  1. Worldwide Distribution: STIHL products are available in more than 160 countries, making it one of the most widely recognized and distributed outdoor power equipment brands in the world. This global reach is a testament to the brand’s quality and reliability.
  2. Manufacturing Facilities: The company operates manufacturing facilities in various countries to meet the demand for its products. These facilities adhere to the same high standards of quality and innovation as the company’s German headquarters.
  3. Dealer Network: STIHL has established a vast network of authorized dealers and service centers worldwide. This network ensures that customers can access expert advice, support, and genuine STIHL parts and accessories wherever they are.

Conclusion

In conclusion, STIHL is a family-owned and operated company with a rich history of innovation and a commitment to quality that has made it a global leader in the outdoor power equipment industry. The Stihl family’s ownership structure has allowed the company to maintain its independence and focus on its core values while expanding its reach and product offerings.

As you consider purchasing outdoor power equipment, knowing who owns STIHL and understanding the brand’s legacy of innovation and quality can give you confidence in your choice. Whether you’re a professional in the forestry industry or a homeowner tending to your garden, STIHL continues to be a brand you can trust for all your outdoor power equipment needs.