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Simply great machines In 2009, Bucher generated CHF 2.1 billion in sales with some 7 200 employees.
Our roots 200 years ago, back in 1807, Heinrich Bucher-Weiss took over a blacksmith's shop in the hamlet of Murzeln in Niederweningen, laying the foundation for the Bucher Group. Over its 200-year history, Bucher has grown into a global mechanical and vehicle engineering corporation.
Bucher today Today, we are a global technology group, manufacturing state-of-the-art machinery and vehicles in production facilities located around the world. The Bucher Group is headquartered in Switzerland and listed on the SWX Swiss Exchange.
Our businesses The Group comprises four divisions and several separate independent businesses specialising in industrially related areas of mechanical and vehicle engineering. Their operations are based on fundamental human needs and have substantial worldwide growth and earnings potential to be realised through innovative products and services, coupled with geographical market development.
Market leadership As global market leaders, we strive to maintain the most efficient sales and service organisation, the strongest innovative capabilities and the best price/performance ratio in our areas of expertise. Kuhn Group is the world's leading supplier of agricultural machinery for tillage, seeding, fertilisation, spraying, landscape maintenance, hay and forage harvesting, livestock bedding and feeding. Bucher Municipal holds the largest share of the European municipal vehicle market, offering a whole range of compact and truck mounted sweepers, airport cleaning and snow removal equipment, spreaders and refuse collection vehicles. Bucher Hydraulics has manufacturing facilities in Europe, Asia and the USA and a leading position as a provider of custom mobile and industrial hydraulic system solutions. Emhart Glass is the world's leading supplier of advanced technologies for manufacturing and inspecting glass containers, with a portfolio encompassing glass container forming and inspection machinery, systems, components, spare parts, advice and services for the glass container industry. Bucher Specials consists of several independent businesses: winemaking equipment, fruit juice processing equipment, food drying and sludge dewatering technologies, and the Swiss distributorship for tractors and agricultural machinery.
Our mission We manufacture cutting-edge machinery and equipment for efficient harvesting and production of healthy foods and for keeping cities clean and roads safe, along with a range of hydraulic systems for high performance machinery. We see ourselves as a long-term industry-focused business and are committed to being a fair partner to our customers, employees, shareholders and business partners. We combine economic and ecological considerations for sustainable use of our natural resources. Our contribution is to make machines and components with a long service life and high energy efficiency, environmentally friendly vehicles, and glass container manufacturing equipment to promote recyclable glass.
Our targets We seek to achieve superior profitability and high cash flow based on technology leadership, market presence and consistent cost management. We are committed to providing our customers with effective, innovative products and excellent service. We offer attractive jobs and development opportunities to our employees. We will continue to develop the Group through organic growth, supplemented by selective complementary acquisitions. By maintaining a clear divisional structure and several separate independent businesses with decentralised management and profit responsibility, combined with group-wide strategic and financial management, we will remain flexible and adaptable. Our ambitious financial targets formulated as an average over an economic cycle are: an operating margin of 12% EBITDA and 9% EBIT on net sales and an after-tax return on capital employed of over 16%.
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