Lapp Group

OverviewSuggest Edit

Lapp Group is a company supplying integrated wire, cabling, and connector products and solutions. Its products are used in production machinery, industrial robots, public transport, food processing, alternative energy, charging systems for electric vehicles, oil drilling platforms, etc. The company serves the mechanical, plant engineering, and electronics manufacturing sectors, as well as renewable energy, mobility, and life science industries.
TypePrivate
Founded1959
HQStuttgart, DE
Websitelappgroup.com
Employee Ratings3.7

Locations

Lapp Group is headquartered in
Stuttgart, Germany

Location Map

Latest Updates

Employees (est.) (May 2022)4,650
Revenue (FY, 2020)€1.1 B(-7%)
Cybersecurity ratingCMore
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Key People/Management at Lapp Group

Georg Stawowy

Georg Stawowy

Member of the Board
Matthias Lapp

Matthias Lapp

Chief Executive Officer, EMEA
Jan Ciliax

Jan Ciliax

Chief Financial Officer
Lutz Grotebrune

Lutz Grotebrune

Chief Financial Officer, EMEA
Andreas Lapp

Andreas Lapp

Chairman of the Board
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Lapp Group Office Locations

Lapp Group has offices in Stuttgart, Much, Florham Park, Houston and in 41 other locations
Stuttgart, DE (HQ)
Oskar-Lapp-Straße 2
Much, DE
Bövingen 127
Stuttgart, DE
Oskar-Lapp-Straße 5
Stuttgart, DE
Schulze-Delitzsch-Straße 25
Eastern Creek, AU
12 Grevillea St
Linz, AT
Bremenstraße 8
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Lapp Group Financials and Metrics

Summary Metrics

Founding Date

1959
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Lapp Group Revenue

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View revenue for all periods
Lapp Group's revenue was reported to be €1.13 b in FY, 2020
EUR

Revenue (FY, 2020)

1.1b

Gross profit (FY, 2020)

407.1m

Gross profit margin (FY, 2020), %

36.1%

Net income (FY, 2020)

14.9m
EURFY, 2018FY, 2019FY, 2020

Revenue

1.2b1.2b1.1b

Cost of goods sold

746.1m784.2m721.3m

Gross profit

406.7m437.9m407.1m

Gross profit Margin, %

35%36%36%
EURFY, 2018FY, 2019FY, 2020

Accounts Receivable

22.9m1.2m2.3m

Inventories

204.3m223.0m195.6m

Current Assets

481.8m501.5m468.8m

PP&E

110.0m125.0m205.4m
EURFY, 2018FY, 2019FY, 2020

Net Income

42.4m32.6m14.9m

Depreciation and Amortization

28.0m28.5m60.1m

Inventories

(28.6m)(10.5m)27.4m

Accounts Payable

11.8m(4.8m)(26.1m)
EURFY, 2018

Financial Leverage

2 x
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Lapp Group Operating Metrics

May, 2022

Brands

8

Products in Stock

40 k

Sales Partners

100

Sales Representatives

43

Lapp Group Acquisitions / Subsidiaries

Company NameDateDeal Size
CEAM Cavi Speciali SrlMay 01, 2019€23.22 m
Volland AGJuly 01, 2018€20.96 m
SKS Automaatio OyFebruary 01, 2018€5.96 m
SKS Connecto OyFebruary 01, 2018€5.96 m
SKS Connecto Polska sp.zooFebruary 01, 2018€5.96 m
Policabos SANovember 01, 2015€6.12 m
Lapp Southern Africa (PTY) Ltd.June 10, 2015€1.12 m
Miltronic Scandinavia ABOctober 01, 2007kr47.97 m
Cableries Lapp Sarl
Cabos Lapp Brasil Ltda.
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Lapp Group Revenue Breakdown

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Lapp Group revenue breakdown by geographic segment: 73.9% from EMEA, 9.8% from Central/North America, 15.6% from APAC and 0.7% from Other

Lapp Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Lapp Group Online and Social Media Presence

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Lapp Group Frequently Asked Questions

  • When was Lapp Group founded?

    Lapp Group was founded in 1959.

  • Who are Lapp Group key executives?

    Lapp Group's key executives are Georg Stawowy, Matthias Lapp and Jan Ciliax.

  • How many employees does Lapp Group have?

    Lapp Group has 4,650 employees.

  • What is Lapp Group revenue?

    Latest Lapp Group annual revenue is €1.1 b.

  • What is Lapp Group revenue per employee?

    Latest Lapp Group revenue per employee is €242.6 k.

  • Who are Lapp Group competitors?

    Competitors of Lapp Group include Asteelflash, HUBER+SUHNER and Radiall.

  • Where is Lapp Group headquarters?

    Lapp Group headquarters is located at Oskar-Lapp-Straße 2, Stuttgart.

  • Where are Lapp Group offices?

    Lapp Group has offices in Stuttgart, Much, Florham Park, Houston and in 41 other locations.

  • How many offices does Lapp Group have?

    Lapp Group has 48 offices.