FRABA Group Reports Double-Digit Growth in 2021

MC FRABA Group Reports Double Digit Growth 1 400

May 4, 2022


The FRABA Group, an internationally recognized leader in motion control sensors for industrial applications has reported 23% growth in revenues in their 2021 fiscal year. Sales were 48 million Euros ($52 million USD), while the staff count grew to 300. “We are very pleased to see strong growth in revenues,” commented Christian Leeser, FRABA’s CEO and majority shareholder. “The challenging logistics situation brought about by the Covid pandemic has impacted all industries, however we have still managed to grow and meet customer demand”. 

Several important developments took place in 2021, including the launch of two new business enterprises. CREDEMUS (Latin for “we believe”) is a new enterprise aimed at mid-sized manufacturing companies interested in adopting FRABA’s pioneering digital processing platform for high-complexity/low-volume manufacturing. UBITO (Latin for “everywhere”) is an initiative aimed at developing and promoting Wiegand technology, especially in the exciting new world of the Internet of Things (IoT).  The launch of these new initiatives was accompanied by an update to FRABA’s logo, which now features a four-pointed star that symbolizes four guiding principles that have been at the heart of the company’s development since 1993. Final preparations were also made for the opening of a new factory in Johor Bahru, Malaysia. This facility will complement FRABA’s existing Polish factory by increasing production capacity for large volume items and by helping the company meet growing demand in Asian markets.

2021 also saw the appointment of two new equity partners to FRABA’s leadership team. Andre Rot, a graduate of the Rhineland-Westphalia University of Technology, is a specialist in IT management and been named as the leader for digital transformation at CREDEMUS. Stéphane Walz has a background in sales and marketing and has assumed responsibility for business development in France and Spain. Stéphane holds an Executive Master’s degree in business administration and management from the General Emlyon business school in France.

Leeser concludes: “Our strong performance in 2021 positions us well for further growth. While uncertainty arising from the war in Ukraine and ongoing supply chain issues make it difficult to provide exact forecasts, we remain optimistic. There are exciting developments in many industries, including the Internet of Things and autonomous guided vehicles (AGV). We intend to be ready with innovative products and technologies.” 





Related Articles

Latest Articles

  • The Power of OPC-UA in Industrial Automation

    February 27, 2024 In the world of industrial automation, the need for seamless communication between devices and systems in paramount. This is where OPC-UA (Open Platform Communications United Architecture) comes into play. OPC-UA is an open and secure communication protocol that enables interoperability between different devices and software applications. In this blog post, Omron explores… Read More…

  • A Basic Guide to the Types of Communication Interfaces Used in Mechatronic Automation

    February 26, 2024 Mechatronic components, such as feedback devices, motors, and drives, often use various communication interfaces to interact with control systems and other devices. These communication interfaces have evolved over time to meet specific needs and standards in the industry. This article explores some of the common communication interfaces and provide a simplified overview… Read More…

Featured Article

SEW-Eurodrive Demonstrates StarterSET for Vertical FFS Machines at ATX 2023

Across Canada and around the world, innumerable products are packaged, transported, and processed in a variety of ways before finally being distributed. To meet these challenges, SEW-Eurodrive has developed their StarterSET, which consists of pre-selected hardware and software for specific machine types. The StarterSET offers perfectly matched and total automation packages. It can be used as is, as a basic package, or can include flexible adaptation options and countless customized add-ons.

Read More