Business · Companies · 2 hrs ago

Winkelmann Group cuts auto-industry reliance and expands into defense

Winkelmann Group cuts auto-industry reliance and expands into defense

Winkelmann Group has sharply reduced its reliance on the car industry, which now accounts for 15% of its sales, down from about half five years ago.

The German family-owned manufacturer began in Ahlen more than 125 years ago and now has production sites in seven countries.

CEO Christian Knechtel says defense components are an important part of the shift into new markets.

He has led the company since 2024 and is its first chief executive from outside the family.

The company employs more than 3,700 people and recorded sales of €640 million in 2025.

Knechtel gave Germany’s business environment a grade of three, tending toward four, and called for better education, less bureaucracy and more flexibility for businesses.

The company plans to keep adapting while tracking trade and political changes, including uncertainty over US tariffs, rather than changing strategy with each election cycle.

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