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Company type | Limited partnership |
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Industry | Retail, electronics, services |
Founded | Wuppertal, Germany (1883) |
Headquarters | Wuppertal |
Key people |
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Products | Household appliances, financial services |
Revenue | € 3.2 billion (2023 group sales)[2] |
Number of employees | 9,127 (2023)[3] |
Website | vorwerk-group |
Vorwerk & Co. KG, trading as Vorwerk (German pronunciation: [ˈfoːɐ̯ˌvɛʁk]), is an international diversified corporate group headquartered in Wuppertal, Germany. Vorwerk was founded in 1883.[4] The main business is the direct distribution of various products like household appliances such as Thermomix, a kitchen appliance, and Kobold vacuum cleaners.
Akf Bank, founded in 1968, is a subsidiary of the company and is responsible for Vorwerk's lending business.[5]
The company, which is family-owned and operated as a limited partnership, reported having 9,127 employees as of 2023.[3] The company posted a revenue of €3.2 billion in 2023.[2]
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