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Utsch

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Erich Utsch AG
Company typePrivate
IndustryManufacturing
Founded1961; 64 years ago (1961)
FounderErich Utsch
Headquarters,
Area served
Worldwide
Key people
ProductsVehicle license plates
RevenueIncrease 94.9 million (2020)
Number of employees
Increase 998 (2020)
Websiteutsch.com

Erich Utsch AG (shortly Utsch) is a manufacturing company headquartered in Siegen, Germany.[1] It was founded in 1961 as a family business and sold to external investors in 2016. Utsch is specialized in vehicle registration and identification,[2] particularly license plates.[3] According to independent media reports and market research, Utsch is the global market leader.[4][5][6][7]

History

In 1961 Erich Utsch founded a company to produce license plates.[8] He saw a business opportunity in the increasing motorization of the post-war period. During the very first years, Utsch used a converted wine press; later, the company developed specialized presses.[9] After Utsch died in 1969, his son Manfred took over management. He invested in new technologies and gradually entered foreign markets. As of fiscal year 2015, 80% of all revenues came from abroad.[10]

2001, Utsch changed its legal structure from Kommanditgesellschaft (KG) to Aktiengesellschaft (AG). Until 2016, the founder family retained a majority stake in the company. Then Manfred Utsch sold the company to Australian and Swedish investors.[6][11]

In 2020, Utsch joined forces with Hill Numberplates, a heavyweight competitor with major activities in the United Kingdom and France and a presence in parts of Asia, and Africa. Both companies created the world's largest license plate group.[12]

Corporation

Utsch is a private German stock corporation. The Erich Utsch AG is the group's parent, with a dozen fully consolidated subsidiaries in several countries, including France, Spain, and the United Kingdom. The LicenSys Australasia Pty. Ltd. is a semi-independent subgroup of Utsch, being responsible for the Asia-Pacific markets.[13]

Products

The company's core business is the production of vehicle license plates.[14] Utsch supports various country-specific security features such as emblems, laser codes, watermarks, or holograms.[15]

Besides the production of license plates, Utsch sells machines, tools, and other equipment for related production and distribution processes.[9] These include blocking and counter-pressure tools, embossing presses, hot stamping machines, laminators, and laser coding equipment.[16]

Customers include governments from countries from around the world.[17] Examples are the Italian Republic, which commissioned Utsch to handle conversion of license plates to new EU standards;[18] the company supplied millions of official license plates to Egypt and the Iraq, too.[19][20]

See also

References

  1. ^ Erich Utsch AG, Bloomberg, retrieved January 4, 2022
  2. ^ Weber, Stefan (May 6, 2002), "Sicherheitskonzepte mit einem Stück Blech." [Safety Concepts With a Piece of Sheet Metal.], Süddeutsche Zeitung (in German), p. 27
  3. ^ Weikard, André (October 27, 2014), "Vom Erfolg geprägt" [Pressed by Success], Focus (in German), pp. 100–101, retrieved January 4, 2022
  4. ^ Lamprecht, Peter (March 30, 2003), "Stiller Weltmeister aus Siegen" [Silent World Champion From Siegen], Welt am Sonntag (in German), p. 87
  5. ^ Herwig, Marc (June 3, 2006), "Wie eine Siegener Firma Weltmarktführer wurde." [How a Company From Siegen Became the World Market Leader.], Spiegel Online (in German), retrieved January 4, 2022
  6. ^ a b Siedenbiedel, Christian (July 24, 2008), "Keiner produziert mehr Autokennzeichen als er." [No One Produces More License Plates Than He Does.], Frankfurter Allgemeine Zeitung (in German), retrieved January 4, 2022
  7. ^ "Global Vehicle License Plate Market Growth 2021–2026", Market Research Insights, April 2021, retrieved January 4, 2022
  8. ^ Danhong, Zhang (May 23, 2014), "Der Schilderkönig" [The King of Plates], Deutsche Welle (in German), retrieved January 4, 2022
  9. ^ a b Müller, Anja (July 30, 2014), "Von der Weinpresse zum Weltmarktführer" [From Wine Press to World Market Leader], Handelsblatt (in German), retrieved January 4, 2022
  10. ^ Webb, Alex (April 1, 2015), "Germany's Export Engines", Markets Magazine, Bloomberg, retrieved January 4, 2022
  11. ^ Menzel, Stefan (October 17, 2001), "Der König im Schilderwald" [The King in the Plate Forest], Handelsblatt (in German), p. 24
  12. ^ "Nummernschild-Größen gehen zusammen." [License Plate Heavyweights Go Together.], Siegener Zeitung (in German), February 20, 2020, retrieved January 4, 2022
  13. ^ "Annual Report", Company Register (in German and English), Bundesanzeiger, December 19, 2019, retrieved January 4, 2022
  14. ^ Weltmarktführer und Bestleistungen der Industrie aus Südwestfalen. [World Market Leaders and Top Industrial Performers From South Westphalia.] (PDF) (in German), Arnsberg: Chamber of Commerce and Industry Siegen, February 2013, p. 100, retrieved January 4, 2022
  15. ^ Products, Utsch, retrieved January 4, 2022
  16. ^ Systems, Utsch, retrieved January 4, 2022
  17. ^ "Prägender Erfolg" [Formative Success], Süddeutsche Zeitung (in German), p. 26, June 5, 2010
  18. ^ "Siegerländer Technik für Italien" [Siegerland Technology for Italy], Rhein-Zeitung (in German), May 13, 1998
  19. ^ "Erich Utsch: Kennzeichen für ganz Ägypten" [Erich Utsch: License Plates for the Whole of Egypt], Die Welt (in German), p. 14, July 7, 2008
  20. ^ Pickshaus, Adrian (July 19, 2009), "Kennzeichen D // Die Utsch AG aus Siegen exportiert Nummernschilder in alle Welt – jetzt auch in den Irak." [License Plate D // Utsch AG From Siegen Exports License Plates All Over the World - Now Also to Iraq.], Der Tagesspiegel (in German), p. 23