Schenck Process logo — Schenck Process is now Qlar - follow us @ Qlar Group & join...

Schenck Process

Schenck Process is now Qlar - follow us @ Qlar Group & join us in making material processing more sustainable.

Founded 1881 Germany Darmstadt, Germany 1346 employees Acquired Total: $730.00M

General Information

Company Name Schenck Process
Founded Year 1881
Location Germany Darmstadt, Germany +19
Employees 1346
Funding Stage Acquired
Social

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About Schenck Process

Schenck Process, rebranded as Qlar, is a pioneering force in material processing—a market it's been transforming for over 140 years. With an impressive track record, bolstered by 300 patents, this German-founded company excels in providing high-precision solutions across industries such as Infrastructure, Energy, and Chemicals.

Their global reach spans 12 countries, where they collaborate with significant industry players to offer products like industrial weighing, conveying, and digital applications under the CONiQ product family. Their commitment to sustainability and accuracy makes them a standout contender in the global technology arena.

The company's most recent funding event was a substantial $730 million acquisition investment dated September 1, 2023, backed by Hillenbrand. This strategic move underscores their potential for expansive growth and market leadership in the material processing sector.

Taxonomy: Material Processing, Sustainable Solutions, Industrial Weighing, Feeding Technologies, Conveying Systems, Milling and Grinding, Digital Applications, Automation Solutions, Air Filtration, Infrastructure Sector, Energy Sector, Chemicals Sector, Performance Materials, Condition Monitoring, Weighing and Measurement

Services & Products

Repairs, Spares & Upgrades
Support & Consulting
Installation
Monitoring & Prevention
Training
Testing

Target Customers

Chemical Industry Batteries and Energy Sector Infrastructure Industry Cement and Steelmaking Agricultural Chemical Producers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1 •••• •••• 01 Sep 2023
Acquisition •••••• 1 •••• •••• 01 Sep 2017
Unknown •••••• 1
Investor
01 Jan 2009

Schenck Process Alternatives & Competitors

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Schenck Process vs
Walz Scale
Walz Scale United States

Developer of the first and only NTEP Certified Walz Scanner

19 employees
Manufacturing, Transportation
Schenck Process vs

⚖️🇮🇹 Manufacturer of Weighing Components: Load Cells, Weight Indicators, Weight Transmitters for PLC...

58 employees
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Schenck Process vs

Easy. Better.Weighing

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FAQ About Schenck Process

Schenck Process is now Qlar - follow us @ Qlar Group & join us in making material processing more sustainable.
Schenck Process was founded in 1881.
Schenck Process is headquartered in Darmstadt, Germany.
Schenck Process has approximately 1346 employees.
Schenck Process has completed 3 funding rounds, raising a total of $730.00M. The latest funding stage is Acquired.
Schenck Process offers: Repairs, Spares & Upgrades, Support & Consulting, Installation, Monitoring & Prevention, Training, Testing.
Top alternatives and competitors to Schenck Process include Walz Scale, LAUMAS Innovation In Weighing , PFREUNDT GmbH, BOSCHE Wägetechnik, Ascell Sensor, S.L.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Schenck Process and Walz Scale are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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