Freudenberg Group, a global technology conglomerate, commemorates its 175th anniversary today, reflecting on its journey from a small leather factory to a powerhouse with a significant presence in the automotive aftermarket and other industries. Today, Freudenburg offers sealing and vibration control technology to the global automotive aftermarket.
Founded in 1849, Carl Johann Freudenberg created the company using borrowed funds. Today, Freudenberg Group has 52,000 employees across nearly 60 countries and achieving sales nearing €12 billion ($14.4 billion). The company has a portfolio spanning approximately 40 market segments.
Dr. Mohsen Sohi, CEO of Freudenberg Group, said, “As we celebrate 175 years of innovation and growth, we acknowledge our roots while charting a course for the future. Our success in the automotive sector is a testament to our commitment to excellence and adaptability.”
Federal Chancellor Olaf Scholz praised Freudenberg’s enduring legacy, recognizing its status as one of Germany’s ‘hidden champions’ renowned for its tradition and innovative spirit. “Freudenberg’s contributions to the automotive industry exemplify the kind of resilience and ingenuity needed to thrive in an ever-changing landscape,” Chancellor Scholz commented.
Innovation has been a driving force behind Freudenberg’s success story as the company continues to innovate in supplying critical components for fuel cells and electrolysis units, essential for the production of green hydrogen, the company said.
