TKH Group

What TKH Group does

TKH Group N.V. is a Dutch-listed industrial technology company (Euronext Amsterdam: TWEKA) founded in 1930 and headquartered in Haaksbergen, Netherlands, operating across 90 countries with 6,759 FTEs at year-end 2025. The business is organized into two segments — Automation and Electrification — built around the integration of proprietary hardware, in-house software, and applied AI. The Automation segment encompasses Vision Technologies (2D and 3D machine vision systems for industrial inspection, security vision, and AI-powered anomaly detection under brands such as Allied Vision, LMI Technologies, and Commend) and Automated Machinery (VMI tire building systems including the UNIXX single-stage platform and Indivion pharmaceutical packaging). The Electrification segment provides Smart Connectivity systems including offshore inter-array subsea cables with a proprietary dry design, onshore medium and high voltage cables, specialty cables, fiber optic connectivity, and the CEDD (Contactless Energy and Data Distribution) airfield lighting technology.

Revenue is generated predominantly through project-based and contract-based B2B hardware sales to enterprise customers in industrial manufacturing, tire manufacturing, energy distribution, offshore wind, security, defense, and digital infrastructure. FY2025 turnover reached €1,761.2 million (4.9% organic growth), with Vision Technologies at €522.6 million (+6.7% organic) and Electrification at €728.8 million (+15.5% organic). Q1 2026 turnover grew 9.6% organically to €448.3 million against an order book of €1,030.6 million. Go-to-market relies on direct enterprise sales through over 95 operating subsidiaries, supported by long-term framework agreements (e.g., ~€650 million 8-year Alliander contract, Vattenfall offshore wind supply) and recurring service and spare parts revenue. The company employs more than 750 R&D and software engineers across dedicated AI centers in Amsterdam and Poland, holding over 1,400 patents and reinvesting 17.0% of turnover into innovation.

In 2025, TKH announced its Capitalize & Execute 2028 strategy, which plans to separate the Electrification business from Automation through a dual-track process while divesting approximately €250 million of non-core turnover (including the completed divestments of Dewetron in October 2025 and Alphatronics in March 2026). Recent acquisitions — JCAII (airport guidance software, January 2024) and Liberty Robotics (3D vision for robotics, August 2024) — extend Automation's product surface into airports and vision-guided robotics. Adjusted EBITA of €189.5 million (10.8% return on sales) in 2025 was pressured by Eemshaven subsea cable ramp-up costs, and the company maintains MSCI ESG Rating AA and EcoVadis Gold recognition.

Name

TKH Group

Legal name

TKH Group N.V.

Website

https://tkhgroup.com

Company type

Public

Founded year

1930

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

TKH Group is a Dutch-listed industrial technology company (Euronext: TWEKA) that develops integrated automation and electrification systems combining proprietary hardware, software, and applied AI for enterprise customers in manufacturing, tire production, energy distribution, offshore wind, and security across 90 countries.

Ownership category

akta.pro rank

Product category

Industrial Automation & Electrification Technology

NAICS

Other Measuring and Controlling Device Manufacturing (334519), Relay and Industrial Control Manufacturing (335314), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Switchgear and Switchboard Apparatus Manufacturing (335313)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Industrial I/O, Signal Conditioning & Remote Terminal Units (RTUs) (IMAGABAD)

akta.pro secondary industries

Machine Vision & Inspection Lighting (Ring lights, bar lights, backlights, strobed illumination) (IMAGAIAG), Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation) (IMAHAHAK), Outage Management, Fault Detection & Restoration (OMS/FLISR Edge) (EUADAPAN), Lighting Controls & Building Integration (Drivers, sensors, dimming, lighting control panels, networked lighting) (IMAGAIAI)

Keywords

• Machine vision systems
• Tire building equipment
• Industrial automation technology
• Energy cable solutions
• Fiber optic connectivity

Headquarters

HQ city

Haaksbergen

HQ country

Netherlands

HQ region

Europe

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Vision Technologies: Machine vision systems (2D and 3D) and security vision systems including hardware, software, and integrated solutions. Revenue from Vision Technologies was €522.6 million in 2025 with organic growth of 6.7%.
2. Electrification: Smart connectivity systems including offshore inter-array cables, onshore energy cables, specialty cables, and fiber optic connectivity. Revenue was €728.8 million in 2025 with organic growth of 15.5%.
3. Automated Machinery: Tire building systems (VMI), manufacturing systems, and specialty equipment including the UNIXX platform and Indivion care system. Revenue impact from lower order intake in 2025.
4. Digitalization: Fiber optic connectivity solutions and network infrastructure. Experienced significant decline in 2025 due to low investment levels in European fiber rollout.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

TKH Group designs, manufactures and sells integrated automation and electrification systems for industrial, energy and security customers. Its Automation segment supplies machine vision systems (2D/3D for inspection and quality control), security vision/communication systems and automated manufacturing machinery (notably VMI tire building systems including the UNIXX platform and Indivion pharmaceutical packaging). Its Electrification segment provides offshore inter-array and onshore energy cables, specialty cables, fibre optic connectivity for digital networks, and CEDD technology for airfield ground lighting.

Product overview

TKH Group is a technology company offering integrated automation and electrification solutions across two main segments: Automation (Vision Technologies, Automated Machinery) and Electrification (Smart Connectivity). The Automation segment provides Vision Technologies combining 2D and 3D machine vision systems (Allied Vision, LMI Technologies) with advanced AI capabilities for industrial inspection and quality control; and Automated Machinery including VMI tire building systems with the UNIXX platform and Indivion pharmaceutical packaging. The Electrification segment offers Smart Connectivity solutions including onshore and offshore energy cables, fibre optic connectivity for digitalization, and the proprietary CEDD technology for airfield ground lighting. TKH's AI Center of Excellence develops Computer Vision, Audio AI, Natural Language Processing, and Machine Optimization capabilities applied across the product portfolio, enabling integrated autonomous production ecosystems that combine eyes (vision), hands (manufacturing), and brains (AI).

Differentiator

Problem solved

Functional benefit

Brands

• Smart Vision: Vision technologies segment including machine vision, 3D scanning, security vision systems, and AI-integrated vision solutions.
• Smart Connectivity
• Smart Manufacturing
• Allied Vision
• LMI Technologies
• VMI
• Commend
• TKF
• CEDD

Products and services

• Vision Technologies (Smart Vision Systems) Integrated 2D and 3D machine vision systems combining customized hardware with embedded and PC-based software (including AI-based machine learning) for quality inspection, operation monitoring, object measurement and process automation across automotive, electronics, battery, semiconductor, wood processing, logistics, life sciences and defense sectors.
• VMI Tire Building Systems Automated tire building machinery for radial passenger vehicle, light truck, all-steel truck, bus and motorcycle tires, including next-generation UNIXX platform for single-stage tire building and VMI MAXX machines with AI-powered Foreign Object Detection using PIXXEL cameras. Customers are global tire manufacturers (Tier 1/Tier 2 suppliers).
• Indivion Care System (Pharmaceutical Medicine Packing) Automated pouch-based medicine packing system for pharmacies, hospitals and pharmaceutical distributors, designed to significantly boost efficiency and reduce waste in medication distribution and dosing.
• Offshore Energy Cables (Inter-Array Cables) Subsea inter-array cables connecting wind turbines in offshore wind farms, manufactured at TKH's Eemshaven facility. Sold to offshore wind developers and energy utilities under long-term framework agreements.
• Onshore Energy Cables Medium and high voltage cables for transmission and distribution of onshore energy, sold to distribution system operators (including an 8-year ~€650 million Alliander framework contract), utilities, industrial operators and energy companies.
• CEDD (Contactless Energy and Data Distribution) Airfield Connectivity Unique contactless connectivity technology that combines hardware components with intelligent software to improve efficiency and safety of airfield ground lighting systems, sold to airport operators globally.
• Fibre Optic Connectivity & Digitalization Solutions Fibre optic cable systems and network infrastructure solutions for data and communication networks, including fibre-to-the-home (FttH) connectivity, sold to telecom operators and digital infrastructure customers.
• Security Vision Systems Security vision systems combined with mission-critical communication and intercom technologies for monitoring, management and control of urban infrastructure, intelligent traffic systems, parking, cybersecurity and mission-critical defense and security applications, sold to city operators, airports and defense customers.
• TKH Artificial Intelligence Software Suite Suite of AI capabilities (Computer Vision, Audio AI, Natural Language Processing, Machine Optimization) developed at TKH's AI centers in Amsterdam and Poland and integrated into the group's vision systems, security vision intercoms, foreign object detection and production automation solutions.
• GoPxL Pro Tools with Anomaly Detector Vision software platform that allows industrial users to train and run AI defect detection models directly on TKH/LMI GoMax 3D smart sensor hardware, enabling 100% inline inspection in factory automation applications.

Quantifiable outcome

• Over 80% win rate in offshore wind inter-array cable projects
• +5 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature9 records

Partnerships

Six partnerships are on record, tiered core and minor.

• VattenfallcoreStrategic or Co-development Partner · 1 May 2026Supply of 162 km of inter-array cables for Vattenfall's Zeevonk offshore wind farm off the coast of the Netherlands, under existing framework agreement. This partnership supports the energy transition and renewable infrastructure development.
• Tenuro ABminorChannel Partner/ Reseller/ Distributor · 1 March 2026Tenuro AB acquired Alphatronics BV (divestment by TKH). Alphatronics is a Dutch manufacturer of intrusion, access control, video security, and fire detection solutions with €8.1 million turnover in 2025.
• AlliandercoreStrategic or Co-development Partner · 1 January 2025~€650 million multi-year framework contract for 8 years with Dutch Distribution System Operator for power distribution solutions. Provides basis for substantial growth in years ahead with various DSO framework agreements in place.
• Liberty Robotics Inc. (acquired)coreTechnology or Integration · 1 August 2024US-based Liberty Robotics is a specialist in 3D vision guidance systems for robotics, targeting the automotive and logistics sectors. This acquisition strengthens TKH's position in 3D vision-guided robotics.
• JCAII (acquired)coreTechnology or Integration · 1 January 2024Toronto-based JCAII develops guidance software and equipment for airports, complementing TKH's existing CEDD Technology. The acquisition enhances connectivity technology for airports and is expected to positively impact TKH's earnings while expanding JCAII's growth in North America.
• University of Art and Design GrazminorStrategic or Co-development Partner · 1 January 2024Collaborative development of Deep Neural Networks for speech intelligibility and signal processing optimization in Commend intercom terminal series.

Scale indicators16 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Keyence Corporation: Global leader in industrial automation sensors, machine vision systems, and measurement instruments. Competes head-to-head with TKH's Vision Technologies segment across factory automation and quality inspection applications.
• NKT A/S: Danish cable manufacturer specializing in high-voltage power cables and offshore wind inter-array cables. Comparable to TKH's TKF offshore subsea cable business and a direct bidder on offshore wind tenders.
• SICK AG: German manufacturer of industrial sensors, machine vision, and safety systems for factory and process automation. Overlaps significantly with TKH's machine vision and security vision portfolios in industrial and security applications.
• Cognex Corporation: Pure-play machine vision leader offering 2D and 3D vision systems, barcode reading, and industrial image processing. Directly comparable to TKH's Allied Vision, LMI Technologies, and Euresys businesses in factory automation customers and core functionality.
• Nexans SA: French global cable manufacturer with subsea, offshore wind, and energy distribution products. Direct comparable to TKH's offshore inter-array cable and onshore medium/high voltage cable businesses in customer and product overlap.
• Basler AG: European-based manufacturer of industrial cameras and vision components used in factory automation, robotics, and inspection. Closely comparable to TKH's Allied Vision and SVS-Vistek camera businesses in target customer and product type.
• Prysmian Group: World's largest cable manufacturer serving energy and telecom with subsea, underground, and fiber optic cables. Closely comparable to TKH's TKF and Twentsche cable operations in offshore inter-array and onshore energy distribution.

Broad incumbents

• ABB Ltd: Global electrification and automation giant spanning robotics, drives, and energy distribution equipment. Overlaps with TKH across industrial automation, electrification cable systems, and grid-adjacent applications at portfolio level.
• Rockwell Automation: Large US industrial automation incumbent offering PLCs, motion control, and visualization software. Competes with TKH's automation portfolio more broadly, though less specialized in machine vision and tire manufacturing machinery.
• Siemens AG: Diversified industrial conglomerate with Digital Industries (factory automation) and Smart Infrastructure (electrical distribution). Broadly comparable to TKH's combined Automation and Electrification segments, but at significantly larger scale and broader scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tkh-group-n.v.
• Facebookfacebook.com/tkhgroup

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries15 records

Funding overview

Funding rounds

Investors

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

M&A24 records

Investments

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

Frequently asked questions about TKH Group