petig
PETIG AG is a German family-owned industrial manufacturer (founded 1901) producing hydraulic cutting tools, punching systems, and hydraulic pump units, serving wire, cable, automotive, renewable energy, and steel-construction customers across more than 40 countries.
- Company typePrivate
- Founded1920
- HeadquartersGrevenbroich, Germany
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
What petig does
PETIG AG is a German family-owned industrial manufacturer, founded in 1901 and headquartered in Grevenbroich, North Rhine-Wine, specializing in hydraulic cutting tools, punching systems, and hydraulic pump units. The company operates as a German Aktiengesellschaft (AG) under family stewardship, with more than 120 years of continuous operation and over 60 years of accumulated specialized know-how in mechanical and hydraulic engineering under current leadership.
The product portfolio spans high-force hydraulic cable cutters (including the HKS 9-2 with cutting force of 846 kN and capacity up to 350 mm), battery-powered cutters such as the ACCUCUT AC 516, and CNC-controlled punching systems such as the RPS 300 series, alongside patented mining scissors. These tools are deployed in industrial production environments where reliable, high-force cutting and punching of wire, cable, steel, and specialized materials is required.
PETIG serves a diversified industrial customer base across wire and cable manufacturing, automotive, renewable energy, steel construction, and public-sector emergency-response organizations (including THW and fire departments). Revenue mechanics combine direct sales and a global distributor and partner network spanning more than 40 countries, with over 60% of revenue generated from exports. The business model is fundamentally a specialized industrial capital-equipment and tooling franchise, monetized through equipment sales, spare parts, and aftersales service into long-cycle industrial end markets.
petig firmographics
Firmographics- Name
- petig
- Legal name
- PETIG AG
- Website
- https://petig.com
- Company type
- Private
- Founded year
- 1920
- Operating status
- Operating
- Short description
- PETIG AG is a German family-owned industrial manufacturer (founded 1901) producing hydraulic cutting tools, punching systems, and hydraulic pump units, serving wire, cable, automotive, renewable energy, and steel-construction customers across more than 40 countries.
- Ownership category
- akta.pro rank
petig industry classification
Industry- Product category
- Industrial Hydraulic Cutting and Punching Equipment
- NAICS
- Cutting Tool and Machine Tool Accessory Manufacturing (333515)
- SIC
- Machine Tools, Metal Cutting Types (3541), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)
Keywords
Where petig is headquartered
LocationHeadquarters
- HQ city
- Grevenbroich
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
petig business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Industrial Hydraulic Equipment Sales: PETIG generates revenue primarily through the manufacture and sale of industrial hydraulic cutting and punching equipment including cable scissors, steel wire cutters, bolt cutters, chain cutters, band steel cutters, wire rope scissors, tube and profile punching systems, and hydraulic aggregates. The company sells directly and through a global network of distributors with over 60% of revenue from export markets.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
petig product offering
Product offeringCore offering
PETIG AG manufactures industrial hydraulic cutting tools (cable scissors, steel wire cutters, bolt cutters, chain cutters, band steel cutters, wire rope scissors), CNC-controlled tube and profile punching systems (including IPE profile punching and tube end processing), and electric-hydraulic compact pump units (hydraulic aggregates). These products are used by the wire producing industry, cable processing companies, steel and light metal construction, automotive suppliers, renewable energy, and government emergency services for precision cutting, deformation-free punching, and compression testing of metals, cables, and profiles.
Product overview
PETIG AG is a market leader in stamping and cutting technology (Stanz- und Schneidtechnik) offering a comprehensive portfolio of hydraulic industrial tools and machines. The product portfolio consists of two main categories: Cutting Technology (Schneidtechnik) including cable cutters, steel cutters, bolt cutters, chain cutters, band steel cutters, wire rope scissors, and wire straightening devices; and Punching Technology (Stanztechnik) encompassing tube and profile punching systems, tube end processing, IPE profile punching, and hydraulic punching frames. These products are complemented by hydraulic aggregates (pumps) that power the cutting and punching equipment. The systems range from portable handheld hydraulic tools to large stationary CNC-controlled machines, serving industries including wire production, cable processing, steel construction, automotive, and renewable energy.
Differentiator
Problem solved
Functional benefit
Products and services
- Kabelscheren (Cable Cutters)
- Stahlschneider (Steel Cutters)
- Bolzenschneider (Bolt Cutters)
- Kettenschneider (Chain Cutters)
- Bandstahlschneider (Band Steel Cutters)
- Drahtseilscheren (Wire Rope Scissors)
- Drahtrichtgeräte (Wire Straightening Devices)
- Rohr- und Profilstanzsysteme (Tube and Profile Punching Systems)
- Rohrendbearbeitung (Tube End Processing)
- IPE-Profilstanzen (IPE Profile Punching)
- Hydraulische Stanzbügel (Hydraulic Punching Frames)
- Hydraulikaggregate (Hydraulic Aggregates)
- PRS 160 Fully Automatic Cable Cutting System
- CC 2/85 Battery-Powered Cable Cutter
- HKS 9-2 140 Hydraulic Cable Cutter
- Hydrocut HC 560 KDW Hydraulic Steel Cutter
- Hydrocut AC 516 Battery-Powered Steel Cutter
Quantifiable outcome
- Over 60% of revenue from export markets, demonstrating strong international competitiveness
- +2 more outcomes
Companies that use petig
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
petig technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
petig partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core.
- OXYCOM (S.O.C.E. SAS)coreOXYCOM, a brand of S.O.C.E. SAS, represents PETIG products in France. Located at 17 rue de Lisbonne, F-75008 Paris, France. Contact: Mr. Fraenkel.
- OY KANNONKARIcoreOY KANNONKARI represents PETIG products in Finland. Located at Nuottatie 2 c, FIN-02230 Espoo, Finland. Contact: Mr. Juhani Kannonkari.
- MennenscoreMennens represents PETIG products in the Netherlands. Located at Heliniumweg 6, NL-3133 AX Vlaardingen, Netherlands.
- José BoogencoreJosé Boogen represents PETIG products in Spain. Located at San Vicente, 8 - Edificio Albia, pl. 13 dpto. 3, 48001 Bilbao, Spain.
- High Production SolutionscoreHigh Production Solutions represents PETIG products in Croatia and the Balkan region. Located at Golubovečka 12, Donja Stubica, Croatia. Contact: Juraj Ilinić.
- Mr. Ayhan GözcücoreMr. Ayhan Gözcü represents PETIG products in Turkey. Located at 15 Temmuz Mah. Gülbahar Cad., Nurol Park Güneşli, No: 45 H Blok Da: 82, 34142 Bağcılar-İstanbul, Turkey.
- Macotech Services (PTY) Ltd.coreMacotech Services represents PETIG products in South Africa. Located at 2, Julbert Road, Benrose 2094, Johannesburg, South Africa.
- KTB Middle EastcoreKTB Middle East represents PETIG products in Bahrain and Middle East region. Located at Building No. 1565, Road No. 1722, Diplomatic Area, Manama, Kingdom of Bahrain. Contact: Rizwan Baig, Sales Manager.
- CEMANCO LCcoreCEMANCO LC represents PETIG products in the USA. Located at 951 N.W. 31st Avenue, Pompano Beach, FL 33069, USA. Contact: Mr. Rainer Lashöfer.
- KTB de MéxicocoreKTB de México represents PETIG products in Mexico. Located at Av. Lazaro Cardenas 1007, Col. Santa Barbara, CP 66226 San Pedro Garza Garcia, Nuevo Léon, Mexico.
- InterequipcoreInterequip represents PETIG products in Mexico. Located at Horacio Private 22-501, Polanco neighborhood, Mexico City, 11510 Mexico.
- KTB do BrasilcoreKTB do Brasil represents PETIG products in Brazil. Located at Rua Nossa Senhora da Conceição, 57, Cep. 13140-311 - Paulínia, São Paulo, Brazil. Contact: Mr. Jean Avila.
- DO-MAX CorporationcoreDO-MAX Corporation represents PETIG products in Korea. Located at Rm 1106 Doosan Venture Digm, 1307-37 Kwanyang-Dong, Dongan-Ku, Anyang-City, Kyungki-Do, Korea 431-810. Contact: Mr. Chan K. Kim.
- CHANGMI ENGINEERINGcoreCHANGMI ENGINEERING represents PETIG products in Korea. Located at 21, Jungang-ro 158beon-gil, Nam-gu, Pohang-si, Gyeongsangbuk-do, Republic of Korea. Contact: Mr. Inky Lee.
- aqua refrigerationcoreaqua refrigeration represents PETIG products in India. Located at Saket, New Delhi-110017, India. Contact: Ranjar Kumar Singh, Sales Manager.
- KTB Import-Export (Shanghai) Trading Co. Ltd.coreKTB Import-Export (Shanghai) Trading Co. Ltd. represents PETIG products in China. Located at Room 505, Building No.1, No. 288 Wuhua Road, Hongkou District, Shanghai 200086, P.R. China. Contact: Mr. Joe Tang, General Manager.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
petig competitors and assessment
Company assessmentDirect peers
- Schuler AG: Schuler is a German global market leader in metal forming and punching press technology, directly comparable to PETIG in metalworking machinery for automotive, construction, and industrial customers. Both firms share German Mittelstand roots and serve overlapping automotive supplier and steel/metal construction end-markets.
- Ridgid (Emerson Electric): Ridgid is a US-based industrial tool brand known for heavy-duty pipe cutters, tubing cutters, and pressing tools, directly comparable to PETIG's hydraulic cable cutters, wire rope cutters, and chain cutters. Both serve plumbing, mechanical, and industrial pipe/wire processing customers.
- Baileigh Industrial: Baileigh Industrial is a US-based manufacturer of metalworking machinery including hydraulic punches, ironworkers, and tube/pipe notchers, directly comparable to PETIG's hydraulic punching and cutting equipment. Both target metal fabrication shops with industrial-grade cutting and forming machinery.
- Bystronic AG: Bystronic is a Swiss-German manufacturer of sheet metal processing equipment including cutting and punching systems, comparable to PETIG's CNC tube and profile punching machines. Both serve metal fabrication shops and offer automated machinery targeting productivity upgrades in industrial production.
- KNIPEX-Werk C. Gustav Putsch KG: KNIPEX is a German family-owned manufacturer of professional pliers and cutting tools, sharing PETIG's German Mittelstand family-ownership heritage and industrial cutting tool focus. Both serve professional trades and industrial users with high-quality hand cutting tools, though KNIPEX focuses on manual rather than hydraulic.
- C. & E. FEIN GmbH: FEIN is a German power tool manufacturer specializing in metalworking and cutting tools for industrial and trades applications. Comparable to PETIG in industrial cutting tools and shares German Mittelstand industrial heritage with overlapping customer segments in metal fabrication.
Broad incumbents
- Milwaukee Tool (Techtronic Industries): Milwaukee Tool is a major US-based cordless power tool brand owned by Techtronic Industries, including M18 FORCE LOGIC cable cutters comparable to PETIG's ACCUCUT and CC series battery-powered hydraulic cutters. Competes with PETIG in portable cordless industrial cutting tools.
- TRUMPF SE + Co. KG: TRUMPF is a much larger German machine tool and laser technology leader with a comprehensive sheet metal processing portfolio including punching machines. While broader and more diversified than PETIG, it overlaps directly in metal cutting and punching equipment for industrial fabrication customers globally.
- Amada Co., Ltd. Amada is a Japanese global leader in metalworking machinery including cutting, punching, and bending systems. Comparable to PETIG in serving metal fabrication shops, automotive suppliers, and construction-related manufacturers with sheet metal and profile processing equipment.
- Hilti AG: Hilti is a Liechtenstein-headquartered global leader in construction tools and equipment, including cutting and demolition tools for professional construction users. Comparable to PETIG in industrial cutting tools and serves overlapping construction and emergency services end-markets including emergency rescue equipment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
petig social profiles
Digital presencepetig financial estimates
Financial estimateRevenue estimate
Valuation estimate
petig leadership team
Management profileNumber of profiles
Profiles3 records
petig funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
petig M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about petig
What does petig do?
PETIG AG manufactures industrial hydraulic cutting tools (cable scissors, steel wire cutters, bolt cutters, chain cutters, band steel cutters, wire rope scissors), CNC-controlled tube and profile punching systems (including IPE profile punching and tube end processing), and electric-hydraulic compact pump units (hydraulic aggregates). These products are used by the wire producing industry, cable processing companies, steel and light metal construction, automotive suppliers, renewable energy, and government emergency services for precision cutting, deformation-free punching, and compression testing of metals, cables, and profiles.
Is petig a public or private company?
petig is a private company. It is classified as family owned and is currently operating.
When was petig founded?
petig was founded in 1920.
Where is petig based?
petig is headquartered in Grevenbroich, Germany, in the Europe region.
How does petig make money?
One revenue line is on record: industrial Hydraulic Equipment Sales.
Who are petig's main competitors?
Direct peers on record are Schuler AG, Ridgid (Emerson Electric), Baileigh Industrial, Bystronic AG, KNIPEX-Werk C. Gustav Putsch KG and C. & E. FEIN GmbH. Broad incumbents are Milwaukee Tool (Techtronic Industries), TRUMPF SE + Co. KG, Amada Co., Ltd. and Hilti AG.
Does petig have an API?
No public API is recorded for petig.
What industry is petig in?
petig's product category is Industrial Hydraulic Cutting and Punching Equipment. Its primary akta.pro industry code is IMAHADAB, Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures). Its NAICS code is 333515 and its SIC code is 3541.