GERMANY - The Hettich group of companies, one of the world's largest manufacturers of furniture fittings with headquarters in Kirchlengern, generated sales of around € 1.5 billion in 2022.

Having already grown by over 26 per cent in 2021, Hettich saw a further year on year hike in sales of some almost 10 per cent in 2022. 74 per cent of business was done in export markets. Worldwide, Hettich invested € 125 million in new products, buildings and machinery. Hettich currently employs around 8,000 colleagues around the globe, almost 3,800 of them in Germany.

The upturn in demand in the home furnishings market that started in the 2nd half of 2020 continued to mid 2022. Home improvement, home furnishings as well as DIY were high on consumers' agenda across the globe.

As a family run business, Hettich has continued to evolve since it was founded in 1888. In its fourth generation too, the company is continuing to innovate and grow. Last year, for instance, the Hettich Group invested € 125 million in new products, infrastructure projects, buildings, systems, software for digitisation efforts and also in expanding capacity.