11/20/2019  5:36:23 PM Chg. 0.000 Volume Bid11/20/2019 Ask11/20/2019 Market Capitalization Dividend Y. P/E Ratio
13.900EUR 0.00% 0
Turnover: 0.000
-Bid Size: - -Ask Size: - 71.1 mill.EUR 2.66% 20.96

Business description

HWA AG was founded in 1998 as a spin-off from AMG, which was established in 1967 by Hans Werner Aufrecht as the Mercedes Benz customisation specialist. Towards the end of 1998 Aufrecht sold a majority interest in AMG Motoren- und Entwicklungsgesellschaft mbH, as it then was, to Daimler AG. In the process of disposal, motor racing – what is today the Mercedes-AMG DTM team – and parts of the vehicles and vehicles components business were spun off and transferred to HWA AG. In the motor racing business, HWA AG acts as a full service provider to Daimler AG Motorsport in the DTM. It is responsible for the whole process of development and construction of the racing cars, including the engines, together with all other activities involved in the racing team’s operations. In its vehicles and vehicles components business, it develops and builds cars and vehicle components for the automobile industry. Since 2003 HWA AG has been developing, producing and servicing racing engines for Formula 3 cars which are primarily used in the FIA F3 European Championship.
 

Management board & Supervisory board

CEO
Ulrich Fritz
Management board
-
Supervisory board
Hans Werner Aufrecht, Willibald Dörflinger, Gert-Jan Bruggink, Hussain A. Al Siddiqi, Klemens Grosse-Vehne
 

Company data

Name: HWA AG
Address: Benzstraße 8,D-71563 Affalterbach
Phone: +49-7144-8717-0
Fax: +49-7144-8717-100
E-mail: info@hwaag.com
Internet: www.hwaag.com
Industry: Consumer Goods
Sector: Automobiles and Parts
Sub sector: Automobile Manufacturers
End of financial year: 12/31
Free Float: 12.49%
IPO date: 4/19/2007

Investor relations

Name: Volker Glaser
IR phone: +49-7144-8717-279
IR Fax: +49-7144-8718-111
IR e-mail: ir@hwaag.com

Main Shareholders

Familie Aufrecht
 
40.71%
NBK
 
26.10%
Dörflinger Man. und Bet. GmbH
 
20.70%
Freefloat
 
12.49%