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Hoeft & Wessel AG, Hanover, established by the entrepreneurs of the same name in 1978, is a hardware and software manufacturer specialising in ticketing, mobile data recording, and parking systems.
Listed on the stock market since 1998, the company today is an SME with sales revenues of around € 100 million and a workforce of 500 employees. Each year around € 8 million are invested in the Research & Development division, which sets the pace in the company’s technological orientation and employs about a third of the total workforce.
In Europe, Hoeft & Wessel with its Almex group of products is among the leading providers of ticketing and telematics systems for public transportation and check-in solutions for the airline industry. In Germany the company’s Skeye product is the market leader in mobile data recording in the retail sector. And in the United Kingdom, its Metric Parking brand is the biggest provider of parking space management systems.
In line with its internationalisation strategy, the company operating in the business-to-business segment already generates more than 40 per cent of sales revenues abroad. In addition to Europe, the United States is one of the key target regions.
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