WAB Sicherheitssysteme

What WAB Sicherheitssysteme does

WAB Sicherheitssysteme GmbH is a privately held German manufacturer of electronic and mechanical security systems headquartered in Westhausen, Baden-Württemberg. The company, successor to Westhausen Apparatebau (founded 1967), was re-established in May 2003 under Hans Liesch and Ulrich Holzner after the predecessor's insolvency and transitioned in October 2021 to sole ownership by Marco Eberle. It designs and produces day safes (Tagestresor), night depositories (Nachttresor), rental locker systems (Mietfachanlagen), security mailboxes, and RFID-based key management systems, supplemented by proprietary software platforms (SafePro Senator Plus, Multi-Safe Konfigurator) and a network-enabled flagship product (WAB Multi Safe WABTUX). Operations run at 11-50 employees with a 100% in-house value chain covering development, sheet-metal construction, electronics, embedded software, and final assembly, plus contract manufacturing, software/electronics engineering, and construction services marketed as standalone offerings.

The company's primary customer vertical is banks and savings banks (including Raiffeisenbank, for which the 1,000th Schließfachanlage was produced in 1996), with secondary segments spanning industry, public institutions, retail, professional services, logistics, automotive, tourism, and safe-technician dealers. GTM is enterprise field sales combined with a dealer channel, supported by phone-based consultation, a configurator-driven website, and an inquiry process that returns within 24 hours. Revenue is generated via project-based, quote-only hardware sales alongside aftermarket maintenance, modernization, and spare-parts services; pricing is not publicly disclosed and contracts are typically multi-year. Historically the firm exported to Austria, Switzerland, Portugal, Luxembourg, the Netherlands, South Tyrol, Russia, and Hungary but now operates predominantly in Germany.

Name

WAB Sicherheitssysteme

Legal name

WAB-Sicherheitssysteme GmbH

Website

https://wab-sicherheitssysteme.de

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

11–50 employees

Short description

WAB Sicherheitssysteme GmbH is a German manufacturer of electronic and mechanical security systems—day safes, night depositories, rental lockers, security mailboxes, and RFID key management systems—primarily serving banks, savings banks, retailers, and public institutions via direct B2B sales and a safe-technician dealer network, with 100% in-house production.

Ownership category

akta.pro rank

Product category

Security Systems Manufacturing

NAICS

Security Systems Services (except Locksmiths) (561621), Security Systems Services (56162), Electronic and Precision Equipment Repair and Maintenance (8112)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Cutlery, Handtools & General Hardware (3420)

akta.pro industry

PRIMARYHSAHABAH

System Testing, Inspection, Compliance & Certification (e.g., fire/alarm permits where applicable)

Home & Personal Services/Home Security, Alarm & Smart Home Services/Security System Installation, Maintenance & Repair

Keywords

• Electronic security systems
• Deposit safes
• Key management systems
• Rental locker systems
• Security mailboxes

Headquarters

HQ city

Westhausen

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Security Equipment Sales: Sale of security systems including day safes, night depositories, rental locker systems, security mailboxes, and key handover systems. Revenue is generated through project-based custom installations for B2B customers. Products are sold with configuration options and modular components.
2. Contract Manufacturing (Lohnfertigung): Contract manufacturing services for laser cutting, bending, welding, and surface treatment of steel, stainless steel, and aluminum components. Revenue generated through per-project or per-unit billing for third-party customers.
3. Maintenance and Support Services: Service offerings including spare parts supply, repairs, modernization of existing equipment, installation, and relocation services. Revenue generated through service contracts and per-incident billing.
4. Software Development Services: Custom software and electronics development services including electronic component design from concept to finished board, embedded software, and integration with existing systems.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

WAB Sicherheitssysteme develops and manufactures electronic and mechanical security systems, including day safes (Tagestresor/Multi-Safe), night depositories (Nachttresor), rental locker systems (Mietfachanlagen), security mailboxes, and RFID-based key management/transfer systems. The company maintains a fully in-house value chain from development, construction, electronics, and software through to manufacturing, with network-enabled devices centrally administered via proprietary software.

Product overview

WAB Sicherheitssysteme offers a portfolio of interconnected mechanical and electronic security products designed primarily for banks and financial institutions. The core product family includes the WAB Multi-Safe (Tagestresor) for daily cash and document storage, Nachttresor (Night Safe) for customer deposits, Mietfachanlagen (Rental Locker Systems) for secure valuables storage, Sicherheitsbriefkasten (Security Mailboxes), and Schlüsselübergabesysteme (Key Management Systems) with RFID tracking. Products are available in mechanical and electronic variants, with the WAB Multi Safe WABTUX representing the network-enabled flagship. Supporting services include SafePro Senator Plus software for locker management, contract manufacturing (Lohnfertigung), and custom software/electronics development. The company maintains complete vertical integration from development through construction, electronics, and software.

Differentiator

Problem solved

Functional benefit

Products and services

• WAB Multi-Safe (Tagestresor / Day Safe)

Quantifiable outcome

• Complete in-house production capability eliminating dependence on external suppliers for core components
• +1 more outcomes

Named customers1 record

Segments9 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• ABUS: German family-owned manufacturer of security products including locks, safes, and key management solutions. Broad German security hardware incumbent with overlapping product categories and similar Mittelstand heritage.
• dormakaba: Swiss-German global security and access solutions provider offering key management, safe deposit, and electronic access systems for banks and enterprises. Broader portfolio and scale than WAB; serves the same banking customer segment with comparable solutions.
• Assa Abloy: Global leader in door opening solutions, locks, and security products with a comprehensive portfolio that overlaps WAB's safe and access-control offerings. Operates at much larger scale; competes across multiple security categories including electronic locking and key management.
• Siemens Smart Infrastructure: Large incumbent providing integrated building security, access control, and physical security management for enterprise and banking customers. Operates at vastly larger scale and competes for integrated security tenders where WAB's niche hardware offering is bundled.

Direct peers

• Format Tresorbau: German manufacturer specializing in safes, vault doors, and security cabinets for banking and commercial use. Comparable mid-sized German competitor with overlapping banking-sector customer base.
• Burg-Wächter: German manufacturer of safes, security lockers, letterboxes, and electronic locking systems serving consumer and B2B banking/retail markets. Directly comparable to WAB as a German security hardware specialist with similar product categories (safes, deposit boxes, key management) and customer overlap.
• Sargent and Greenleaf: Specialized manufacturer of high-security locks, electronic locks, and safe deposit systems for banks, jewelers, and government. Comparable to WAB's deposit and safe locking offerings with similar banking customer focus.
• Hartmann Tresore: German safe manufacturer and security systems provider with a similar product portfolio (day safes, night depositories, rental locker systems, key management). Directly competes with WAB for the same German banking and retail security customers.
• Kötter Tresore: German safe manufacturer offering safes, vault rooms, and security products for banks, retailers, and commercial customers. Closely comparable product mix and customer segments to WAB.

Emerging players

• M-Locks: Dutch manufacturer of electronic locking solutions for safes and security cabinets. Comparable electronic-lock technology for safe deposit systems and smaller-scale competitor in adjacent European markets.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/wabsicherheitssysteme
• LinkedInlinkedin.com/company/wab-sicherheitssysteme
• Instagraminstagram.com/wabsicherheitssysteme

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about WAB Sicherheitssysteme