The Komax Group specializes in innovative solutions for all wire processing applications as well as for testing wire harnesses. The emphasis is on processes such as measuring, cutting, stripping, crimping, and taping wires, as well as blockloading. The Komax Group offers its customers both fully and semi-automatic production models as well as custom-specific systems for all degrees of automation and individualization, which optimize processes while increasing productivity. These are supplemented by an extensive range of quality assurance modules, testing devices, and networking solutions for the reliable and efficient production of wire harnesses.

Networking solutions that increase the availability of installed systems and test their productivity are part of the range, as does intelligent software. All this provides ideal conditions for customers of the Komax Group to consolidate and increase their competitive advantage.

Advancing automation, increasing electrification, and growing demands for modern mobility solutions are opening up attractive growth prospects for the Komax Group in the short, medium, and long term.

Automation – Technological progress, rising prosperity, growing environmental awareness, higher quality standards, and the shortage of skilled workers are leading to an ever-increasing level of automation. To date, it remains low among wire harness manufacturers. In the automotive industry, it stands at around 20%, while in some other industries it is significantly lower. Rising labor costs, miniaturization, and traceability of production processes are growing challenges that can be overcome through automation using solutions from the Komax Group.

Electrification – According to the IEA, global electricity demand is currently rising by 3–4% annually, significantly faster than over the past ten years. Heat waves in many regions are contributing to higher electricity demand. Rising demand from industry and household appliances, the increasing use of air conditioning, the expansion of data centers for AI, and ongoing electrification will remain the key drivers of rising global electricity demand. These include smart city applications, electric mobility, and the general increase in the number of wires in automobiles and aircraft. Wherever electricity flows, wires are needed, which opens up new areas of application for the Komax Group.

Mobility – As the population grows and work and living environments become more dynamic, the demands on mobility are increasing. This is reflected in rising production figures for automobiles and aircraft, as well as in entirely new areas such as Advanced Air Mobility. Added to this is the transformation of urban mobility. “Smart Mobility” is giving rise to a wide range of offerings—from e-bikes and e-scooters to autonomous transportation systems in urban areas, as well as in the freight and logistics industries. Many of these means of transportation increasingly use electric drives and a higher number of electrical components that require wires.

The Komax Group operates production facilities in Europe, Asia, North America, and Africa, and provides sales and service support in over 60 countries worldwide through its subsidiaries and independent representatives. It has a sales and service network that is unique in the market. The Komax Group is the global market leader and, in terms of revenues, many times larger than its biggest competitors.

The focus is on solutions along the value chain that best meet the diverse customer needs in individual regions, increase automation, and ensure the highest quality in all processing operations. The Komax Group possesses unparalleled innovative strength that set it apart in the market, which it uses to increase its customers’ productivity and flexibility, thereby providing them with additional competitive advantages.

The automotive business’s share of total revenues has already fallen from about 75% to less than 60% since 2022. The Komax Group aims to further and sustainably increase its revenues share in the industrial infrastructure and transportation markets, and to continuously expand its service business. The ongoing electrification in these markets is leading to a growing demand for wire processing, which is still often done manually today. This results in attractive, long-term automation potential.

The Komax Group has an extensive product range in this area, including automated solutions for the entire value chain of manufacturers in industries such as aviation, rail, and drones, as well as a comprehensive range of testing systems designed to ensure the highest quality standards. The Komax Group also offers a portfolio of solutions tailored to the wiring of control cabinets and related quality assurance. Such control cabinets are needed in large quantities for, among other things, the expansion of data centers for AI applications.

Through the “Uplift” program, which has been underway since 2026, the Komax Group is consistently driving forward its realignment. With this, it strengthens its position to tap into the growth potential in the industrial, infrastructure, and transportation markets in an even more targeted manner through innovative solutions and services, and to achieve sustainable, profitable growth. In addition to its goal of broadening its revenue base to reduce its dependence on individual cyclical market segments, the Komax Group also aims to secure its existing position in the automotive industry.

The Komax Group has three production sites in China: in Shanghai, Tianjin, and Suzhou (Hosver). In recent years, the company has made targeted investments to expand its market position in order to benefit from the long-term growth of this market. In 2025, the Komax Group increased its stake in Hosver, the leading manufacturer of machinery for processing high-voltage cables in China, from 56% to 67%. Since the end of 2024, it also holds a 5% stake in Chinese company E-Plus, which sells the most widely used manufacturing execution system (MES) for wire harness production in China. In addition, the Group signed a distribution agreement with E-Plus that grants exclusive rights to distribute E-Plus’s product portfolio outside of China. A key success factor for the Komax Group in Asia is the expansion of machine production in line with the “local for local” principle.

Since 2024, the Komax Group has implemented a comprehensive set of measures to gradually streamline its organizational structure and reduce its cost base. The number of engineering and production sites was reduced, the product portfolio was streamlined, and the workforce was downsized. As a result, the cost base has been reduced by at least CHF 25 million on a sustainable basis. This means that the Komax Group will need revenues of no more than CHF 640 million in the future to achieve a double-digit EBIT margin, starting in 2027.

Among other things, the “Uplift” program, launched in mid-2026, is expected to make a decisive contribution to achieving these goals. This includes, on the one hand, initiatives to capitalize on growth opportunities in the industrial infrastructure and transportation markets in an even more targeted manner, and, on the other, measures to secure the company’s existing position in the automotive industry. In addition, the program places a strong emphasis on maintaining cost discipline and sustainably reducing the cost base. This is expected to decrease further by up to CHF 10 million starting in 2027.

The long-term megatrends automation, electrification, and mobility offer numerous opportunities. To create additional unique selling propositions and offer its customers innovative solutions, the Komax Group continuously invests in new developments, the optimization of its existing product portfolio, and the expansion of its digital services. The streamlining of the existing product portfolio and the increasing localization in Asia are temporarily leading to duplication and, as a result, higher R&D expenses.

The Komax Group operates in a growth market over the long term. In this environment, customers across all market segments must invest in automation solutions to remain competitive – regardless of temporary economic downturns. These lead to delays, but do not significantly impact the underlying megatrends – such as electrification – in the long term. Customers are aware that automation is inevitable, which means it will continue to increase gradually in the coming years. This opens up attractive opportunities for sustainable growth for the Komax Group.

75% of Komax shares are held by approximately 5,000 shareholders. The largest single shareholder – and thus the anchor shareholder – is Metall Zug AG, Zug, Switzerland, which holds 25% of the shares. About 70% of the shares are held in Switzerland; the remainder are held primarily in Germany, the United Kingdom, the United Arab Emirates, and the United States.

The Board of Directors pursues a result-oriented dividend policy that takes account of the strategy and the corresponding ambitious growth targets of the Komax Group. This allows the Komax Group to maintain the operational flexibility needed to continue working consistently on its strategic initiatives, which require investment, and thereby gradually move closer to achieving its goals.