Komax

What Komax does

Komax Holding AG is a Swiss publicly listed industrial technology company (SIX: KMX) and the self-described world market leader in automated wire processing, founded in 1975 and headquartered in Dierikon, Switzerland. The company designs and manufactures semi-automatic and fully automatic machines for wire cutting, stripping, crimping, twisting, taping, and harness assembly, complemented by a broad portfolio of quality assurance and testing equipment (low-voltage and high-voltage testers, integrated quality monitoring modules) and a software stack built around its SMART FACTORY by KOMAX IIoT platform — including the 4WIRE CAO manufacturing execution system, WIRE Mind/Flow/Insights cloud modules, and the DLW digital lean wiring tool. Komax operates a multi-brand strategy, owning Schleuniger, adaptronic, Cirris, DiIT, Hosver, WUSTEC, and Lintech, each addressing distinct sub-segments of wire processing and testing.

The company monetizes through capital equipment sales, recurring service contracts (CARE Service Agreements), subscription and cloud software (WIRE Mind, WIRE Insights), usage-based and managed-service offerings (ON-DEMAND, wire2GO), and customized automation projects. It sells via direct field sales through subsidiaries and an independent agent network in over 60 countries, supported by 100+ locations across 6 continents and 3,100+ employees in roughly 60 group companies. Over 60% of revenues are generated with wire assemblers in the automotive industry, with secondary verticals in industrial/infrastructure, railway, aerospace, and control cabinet building.

In 2025, Komax reported a 7.9% revenue decline, negative free cash flow of CHF -12.3 million, and restructuring charges of CHF 9.2 million driven by U.S. tariffs, currency headwinds, and weaker demand. Management responded with a CHF 25 million cost reduction program effective from 2026, the formation of the unified Komax Group Quality Solutions division in mid-2025, leadership turnover at the CEO level in 2026, and reaffirmed mid-term targets of >6% annual revenue growth and >10% EBIT margin from 2027. Strategic priorities highlighted include automotive Ethernet/zonal architecture platforms (Lambda X), aerospace EWIS automation, expansion of the Chinese footprint via a new Hosver site, and embedding the OPC 40570 wire harness interface specification as an industry standard.

Name

Komax

Legal name

Komax Holding AG

Website

https://komaxgroup.com

Company type

Public

Founded year

1975

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Komax is the Swiss world market leader in automated wire processing, supplying semi-automatic and fully automatic machines, testing equipment, and IIoT-enabled software to wire harness manufacturers primarily in the automotive industry, with growing exposure to aerospace, railway, industrial, and control cabinet applications across more than 60 countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Dietikon

HQ country

Switzerland

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Hardware Sales - Wire Processing Machines: Sale of series machines and customized systems for all levels of automation including wire cutting, stripping, crimping, and harness manufacturing. Product portfolio includes semi-automatic and fully automatic wire processing equipment.
2. Quality Assurance & Testing Equipment: Quality assurance modules, test equipment, and inspection systems for wire processing quality control, including low-voltage and high-voltage testers.
3. Smart Factory Software Solutions: Software products including MES systems, data preparation tools, digital interfaces, and cloud-based services for wire processing optimization, monitoring, and quality control.
4. CARE Service Agreements: Comprehensive service packages offering scheduled annual checkups, calibrations, maintenance services, warranty extensions, and educational services. Attractive service packages tailored to customer maintenance and service demands.
5. ON-DEMAND Services: Flexible on-demand solutions including performance or usage-based payment models, financing and leasing services, procurement of production capacities for handling production peaks.
6. wire2GO Service: Wire manufacturing service that turns digital wire data into production-ready wire sets, delivered straight to customer shop floor, providing a low-investment entry point for automation.
7. Customized Automation Systems: Customized systems engineering and project realization for complex wire processing applications, including tailored solutions addressing unique customer requirements.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Komax manufactures and sells semi-automatic and fully automatic wire processing machinery (cutting, stripping, crimping, twisting, taping, and harness assembly), complementary electrical testing and quality assurance equipment, and a proprietary Smart Factory software stack (MES, data preparation, IIoT dashboards, cloud analytics). The portfolio is sold under multiple brands (Komax, Schleuniger, Cirris, adaptronic, Hosver, WUSTEC, DiIT, Lintech) and complemented by recurring service agreements, on-demand capacity, and the wire2GO wire-set manufacturing service.

Product overview

Komax is a Swiss company and world market leader in automated wire processing, offering a comprehensive portfolio spanning semi-automatic and fully automatic wire processing machines, harness manufacturing systems, quality assurance tools, and intelligent software solutions. The core product lines include higher automation platforms (Lambda X Series for complex connector systems, Alpha 550 G2 and Alpha 565 for automatic crimping, Zeta 620 G2 for harness manufacturing, Omega 750 for wire assembly), semi-automation machines (Strip Series B300 for wire stripping, Cut & Strip Family E300 and PowerStrip 9580 for cut and strip operations), and peripherals (Rotar 500 for taping, Sigma 688 LTT for wire twisting, SmartDetect for quality monitoring, EcoCut 3300 for cutting, F1160 for feeding, CableCoiler 1300 for coiling, WireStacker 3150 for stacking, C1370 for crimping). Quality Solutions are provided through the combination of Komax Testing, Cirris, and adaptronic brands, offering comprehensive testing equipment including NT 800 series (NT 800-1, NT 800-2, NT 800-5) for high-voltage testing, KT series (KT 236, KT 645) for mobile and high-voltage testing, Q1250 scalable for integrated quality monitoring with machine learning, TS1700 and TS1300 for low-voltage testing, CH2 and 8100 from Cirris for comprehensive testing, and various adapters and test tables. The Smart Factory ecosystem includes software solutions like Komax HMI and New Solutions HMI for human-machine interfaces, TopConvert and TopWin for data conversion, DLW for digital lean wiring, WIRE Mind for cloud-based wire set optimization, WIRE Flow for data preparation and process optimization, WIRE Insights for real-time equipment analytics, and 4WIRE CAO as a Manufacturing Execution System. Services include CARE Service Agreements, ON-DEMAND Services, wire2GO manufacturing service, original parts services, and financial services. The portfolio addresses automotive, aerospace, railway, industrial, infrastructure, medical technology, and energy/renewables sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Schleuniger: Product brand specializing in semi-automatic and fully automatic wire processing solutions
• adaptronic
• Cirris
• DiIT
• Hosver
• WUSTEC
• Lintech

Products and services

• Lambda X Series Highly flexible machine platform for processing complex connector systems including automotive Ethernet and data cables, with transfer technologies that reduce machine footprint by up to 45% and enable maximally flexible Ethernet assembly. Targeted at automotive wire harness manufacturers.
• Alpha 550 G2 Automatic crimping machine providing a crimp-to-crimp solution for large-scale production of wire harnesses. Targeted at high-volume automotive and industrial harness manufacturers.
• Alpha 565 Automatic crimping machine suitable for special processing with up to seven process stations and conductor cross-section 0.13-6 mm2. For wire harness manufacturers with complex multi-station crimping needs.
• Zeta 620 G2 Compact wire processing machine that automates cabinet wiring, processing wires with cross sections from 0.5 to 6 mm2, supporting up to 24 wire types and offering seven ferrule options. Targeted at control cabinet builders.
• Omega 750 Wire assembly machine for producing wire harnesses of various complexity and equipping them with terminal housings on one or both sides. Targeted at automotive and industrial harness manufacturers.
• Strip Series B300 Portable semi-automatic wire stripping machine that reliably strips cables with cross sections from 0.03 to 8 mm2 (32 to 8 AWG) and up to 7 mm outer diameter, now featuring intelligent quality control. Targeted at small-batch, field, and prototyping applications.
• Cut & Strip Family E300 High-performing cut and strip machine for processing all types of cables with conductor cross sections from 0.05 mm2 to 300 mm2. Targeted at industrial cable processing operations.
• PowerStrip 9580 Modular wire processing machine that processes applications with wires of 0.5-16 mm diameter and cross sections of 0.5-70 mm2 (26-2/0 AWG). Targeted at higher-power cable processing operations.
• Rotar 500 Accurate taping machine for wire harnesses of the highest complexity. Targeted at wire harness manufacturers needing high-precision harness taping.
• Sigma 688 LTT UTP cable manufacturing system with low torsion twisting for precise wire processing. Targeted at data cable manufacturers.
• WIRE Mind Modular cloud-based software for wire set and bundling optimization that converts production files into customer-specific digital wire sets, organized and optimized for automated wire production. Targeted at wire harness manufacturers using ECAD systems (EPLAN, Siemens, Zuken, ETAP).
• WIRE Flow Data preparation solution that connects people, machines, and data, streamlining wire processing with greater efficiency and precision through a scalable system powered by centralized, real-time coordination. Targeted at wire processing manufacturers.
• WIRE Insights Cloud-based service that analyzes equipment data in real time, providing insights into machines and enabling fast error identification and tracking of production data. Targeted at wire processing manufacturers seeking data-driven optimization.
• 4WIRE CAO Manufacturing Execution System (MES) that controls, optimizes, and documents cutting area operations and automated downstream production, enhancing efficiency and quality. Targeted at wire processing manufacturers.
• CARE Service Agreements Comprehensive service packages tailored to customer maintenance and service demands, offering scheduled annual checkups, calibrations, maintenance, warranty extensions, and educational services on an annual subscription basis. Targeted at owners of Komax wire processing equipment.
• ON-DEMAND Services On-demand service solutions including performance or usage-based payment for systems, financing and leasing services, and procurement of production capacities for handling production peaks on a pay-as-you-go basis. Targeted at manufacturers seeking flexible access to wire processing capacity without capital outlay.
• wire2GO Wire manufacturing service that turns digital wire data from WIRE Mind into production-ready wire sets, delivered straight to the customer shop floor, providing a low-investment entry point for automation. Targeted at manufacturers wanting to outsource wire pre-assembly.

Quantifiable outcome

• Up to 50% higher productivity with automatic crimp applicator change technology
• +6 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability4 records

Feature9 records

Partnerships

Five partnerships are on record, tiered core.

• WeidmüllercoreStrategic or Co-development PartnerFounding member of SMART CABINET BUILDING initiative alongside Komax, Zuken, Armbruster Engineering, and nVent Hoffman / Steinhauer. Partnership delivers integrated solutions across entire panel building workflow from digital engineering to automated wire pre-assembly and assisted final testing.
• ZukencoreStrategic or Co-development PartnerFounding member of SMART CABINET BUILDING initiative delivering integrated solutions across panel building workflow combining digital engineering, component selection, automated wire pre-assembly, and assisted final testing.
• Armbruster EngineeringcoreStrategic or Co-development PartnerFounding member of SMART CABINET BUILDING initiative providing integrated solutions across panel building workflow from digital engineering to automated wire pre-assembly.
• nVent Hoffman / SteinhauercoreStrategic or Co-development PartnerFounding member of SMART CABINET BUILDING initiative delivering integrated solutions across panel building workflow combining digital engineering, component selection, automated wire pre-assembly, and assisted final testing.
• TE ConnectivitycoreStrategic or Co-development PartnerJoint development partnership creating automatic crimp applicator change technology. Field test conducted with over 20,000 crimp applicator changes under real production conditions achieving remarkable results including 50% higher productivity and consistent top quality with no deviations in important quality criteria.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Others

• Lear Corporation: Global supplier of automotive seating and wire harnesses (E-Systems). Comparable as a wire harness customer whose E-Systems segment drives demand for Komax's automation equipment.
• Sumitomo Wiring Systems: Large Japanese manufacturer of wire harnesses for the automotive industry. Comparable as a major downstream customer whose automation investments shape Komax's order book in Asian OEMs.
• Aptiv PLC: Major Tier 1 wire harness and electrical architecture supplier, especially for automotive customers. Comparable as a large customer of wire processing automation whose EV/ADAS investments influence Komax's demand environment.
• Rittal GmbH & Co. KG: German manufacturer of enclosures, power distribution and control cabinet systems, and a partner in the SMART CABINET BUILDING initiative with Komax. Comparable as both a downstream customer and ecosystem partner in Komax's control-cabinet-building vertical.
• Yazaki Corporation: One of the world's largest wire harness manufacturers and a major Komax customer. Comparable as a key downstream buyer whose capital equipment decisions directly drive Komax order intake in the automotive vertical.

Broad incumbents

• Phoenix Contact GmbH & Co. KG: Large German supplier of industrial automation, electrical interconnection and control-cabinet components. Comparable as an incumbent in Komax's control-cabinet-building and industrial automation adjacencies.
• TE Connectivity: Global leader in connectors and sensors that also sells wire processing automation equipment (including applicators and tooling) used by harness manufacturers. Comparable as a much larger incumbent overlapping in wire processing tooling and a key Komax joint-development partner.
• WAGO Kontakttechnik GmbH & Co. KG: German manufacturer of electrical interconnection and automation products, including solutions for control cabinet builders. Comparable as an incumbent whose products overlap with Komax's industrial and cabinet-building customers.

Direct peers

• Schäfer Werkzeug- und Sondermaschinenbau GmbH: German specialist in special machinery and automation solutions for wire processing and assembly. Comparable as a European competitor focused on customized wire processing and harness assembly equipment.
• Metzner Maschinenbau GmbH: German manufacturer of automated wire processing machines for cutting, stripping and crimping applications. Closely comparable product portfolio to Komax/Schleuniger and one of the most direct competitors in European automated wire processing machinery.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Komax