Kistler Group plans further growth through innovation

With sales of US$341 million in 2015, the Switzerland-based Kistler Group overcame currency-related challenges to achieve continued growth and create some 120 new jobs around the world. The dynamic measuring technology manufacturer plans targeted investments in R&D during 2016 in order to develop innovative products and application-specific services. Kistler intends to expand its service offering by continuing to introduce application-specific service products until 2020. Innovative products will be ad
February 3, 2016 Read time: 2 mins
With sales of US$341 million in 2015, the Switzerland-based 657 Kistler Group overcame currency-related challenges to achieve continued growth and create some 120 new jobs around the world.  The dynamic measuring technology manufacturer plans targeted investments in R&D during 2016 in order to develop innovative products and application-specific services.

Kistler intends to expand its service offering by continuing to introduce application-specific service products until 2020. Innovative products will be added to the Group's portfolio in 2016, including new applications and services.

Facilities in Germany, Japan, and China have been systematically expanded to accommodate the new service offering and two new technology centres are under construction in Tokyo and at Kistler's new European headquarters in Böblingen-Sindelfingen, Germany.

“Kistler will continue to grow, thanks to our unique technologies and our strong global positioning. We aim to achieve some of this growth through new products and applications, but a key part will also be played by a targeted expansion of our service offering in tandem with strategic acquisitions,” says CEO Rolf Sonderegger.

“Some 10 per cent of our yearly sales revenue is devoted to research and development. In 2016, the Kistler Group will again be investing in the development of innovative products and services across the globe,” he said.

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