Woco Group
Family-owned company
At home around the world
The Woco Group can look back on an impressive history and has developed into a globally active, innovative partner for intelligent product solutions for automotive and non-automotive applications. Today, the company can proudly announce that a piece of Woco can be found in almost every vehicle. As a family-owned company based in Bad Soden-Salmünster and with a number of plants, production facilities and partners in Europe, the NAFTA states and Asia, Woco generated sales of EUR 600 million in 2023 with around 4,600 employees.
Managing Directors
CEO
Michael Lorig
Michael Lorig has over 25 years of experience in the automotive industry. As CEO of the SaarGummi Group between 2014 and 2019, he was responsible for the strategic realignment of the brand and sales growth from 340 to 640 million euros. In his previous position as Global COO and Managing Director, he led extensive restructuring measures that led to significant improvements in earnings.
He began his career at Rolls Royce before joining the BMW Group. He studied mechanical engineering at RWTH Aachen University and aerospace engineering at the Technical University of Munich.
His career is characterized by strategic management, restructuring expertise and the ability to successfully reposition companies.
Since 2019, he has been responsible for the realignment of the WOCO Group and the transformation of the product portfolio towards electromobility.
CFO
Kolja Kress
After training as an industrial clerk, Kolja Kress obtained a bachelor's degree in business informatics and a master's degree in strategic finance at evening studies. Kolja Kress then spent 15 years in various roles at Honeywell, a listed US corporation, including as Group and Investment Controller and Finance Director for Europe and most recently as Global CFO for Global Fire and Safety Products. From 2018, he was Managing Director and CFO of BHTC, an international Tier 1 automotive supplier.
Kolja Kress has been responsible for the Woco Group as CFO since April 1, 2023.
Family-owned company
Founder
Franz Josef Wolf
After training as an industrial clerk and then studying mechanical engineering, Franz Josef Wolf worked as a commercial and technical assistant to the management of Ullrich Gummiwerke AG in Gelnhausen until 1956.
On August 15, 1956 (at the age of 21), he founded Woco Franz Josef Wolf & Co. Gummi- und Kunststoffwerk in Bad Soden-Salmünster.
In more than 65 years of company history, Franz Josef Wolf has created a company that has developed from a small rubber manufacturer into a globally active international group.
Three generations
Family Wolf
Franz Josef Wolf founded Woco with the support of his family. His father provided the first premises - his sawmill - his older brother is a co-founder, his younger brother was the technical manager and his sister worked in accounting. This family aspect is rounded off by the fact that his four children have been shareholders of the Woco Group since 1998 and two of his grandchildren since 2023.
Locations
Proximity to our customers is a high priority for us. This is underlined by our global network, which helps supply chain management to reduce risks and ensure reliable delivery.
Mexico
USA
India
China
Germany
France
Hungary
Romania
Czech republic
Turkey
Our comprehensive expertise in material and product development is reflected in the breadth of our technological applications. This enables us to provide solutions for complex global challenges as well as for specific regional requirements. Woco is "power in detail".
Compliance Management System
For us as the Woco Group, compliance means that we orient ourselves in accordance with the legal, regulatory and cultural ethical framework conditions.
Code of Conduct
Our Code of Conduct is a guideline for our daily actions and our obligation to act ethically and in accordance with the law.
