The company was floated in 1997 and employs about 1,700 people. WashTec AG produces, markets and services a complete range of car wash systems with conventional brushes, cloth washers and high-pressure water jets for cars, commercial vehicles, making it a preferred supplier to global petrol companies, car manufacturers and small and medium-sized enterprises around the world. A consistent focus on highest customer benefit with innovative, high-quality products, and worldwide service are key factors for the company’s success. The constant expansion of its range of services covering everything from standard maintenance to total facility management confirms WashTec AG’s position as a full-service provider.

Proximity to the market and targeted innovations make WashTec the world market leader.

Product portfolio

WashTec’s range of products for cars and commercial vehicles includes rollover, wash tunnel conveyor systems and jet washes. The modular concept permits customisation to individual customer requirements.

System operations

WashTec sees itself as a full-service provider. Full service includes not only repairs, but a wide range of additional services such as regular maintenance, supply of chemicals, booth cleaning as well as technical and visual facelifts. WashTec Carwash Management GmbH offers network operators a comprehensive range of services, from financing schemes and planning support to installation and operation of the wash systems in cooperation with the customer.

Chemicals

Auwa Chemie offers a complete range of carwash chemicals and with its “Auwa” brand, has become a well-established manufacturer in the predominantly medium-sized European market for carwash chemicals. Auwa Chemie has its own sales network in Germany and sales partners across Europe. This way, WashTec is able to give its customers even greater support in their car wash businesses, by supplying them with washing chemicals specially developed for carwashes.

1. Control and profit (loss) pooling agreement
2. Includes subsidiary WashTec Bilvask AS, Norway
3. WashTec Cleaning Technology GmbH 90%, WashTec Holding GmbH 10%
4. Includes subsidiary WTMVII Cleaning Technologies Canada,Inc., Canada

WashTec AG is the holding company of the WashTec Group. The WashTec Holding GmbH provides financial and personel services for the WashTec Group. WashTec Cleaning Technology GmbH is responsible for the development, manufacture, marketing and servicing of WashTec’s products. WashTec’s wash systems are manufactured in Augsburg and Recklinghausen, Germany.

WashTec Financial Services GmbH provides and arranges equipment leasing solutions.

WashTec Carwash Management GmbH is in charge of the procurement, rental and operation of car wash systems in the name and account of third parties and offers a broad range of related services.

The AUWA-Chemie GmbH produces and distributes carwash chemicals for carwashes.

International subsidiaries as well as exclusive dealers sell and service WashTec’s range of products around the world.

Dr. Ralf Koeppe (CEO/CTO)

Dr. Ralf Koeppe (*1965)

CEO & CTO/Chairmann of the Management Board
Areas: Corporate Development, Human Resources, Research and Development, Supply Chain, Manufacture, Quality, Service, Sustainability

Ralf Koeppe holds a Dipl. and M.S. Degree in mechanical engineering and a doctorate from ETH Zurich. After holding various positions at KUKA group until 2014, he was most recently Vice President Engineering and Manufacturing and the CTO of the Automation and Electrification Business Unit at Bosch Rexroth AG. Since July 2019, Mr. Koeppe is a member of the Board of Management of WashTec AG. 

Sebastian Kutz <br>(CSO)

Sebastian Kutz (*1979)

CSO/Member of theManagement Board
Units: Sales and Service, Product Management and Marketing

Sebastian Kutz has a degree in business administration. After holding various positions in national and international sales and marketing at RATIONAL AG until 2019, became Executive Vice President Sales and Service DACH at WashTec. Mr. Sebastian Kutz has been a member of the Management Board of WashTec AG since March 2023.

Andreas Pabst <br>(CFO)

Andreas Pabst (*1973)

CFO/Member of the Management Board
Areas: Finance / Controlling, IT, Purchasing, Investor Relations, WTFS, Legal, Risk Management / Compliance / Auditing, Insurance

Andreas Pabst holds a degree in business administration and has passed the tax advisor examination. His professional career began at KPMG and led to KUKA via various positions in the accounting departments of listed companies. There, he has held various commercial positions of increasing responsibility and was Group CFO from 2018 to 2021. Most recently, Mr. Pabst worked for Midea. Since October 2022, Mr. Andreas Pabst is a member of the Board of Management of WashTec AG.

Dr. Günter Blaschke (Chairman)

Kaufmann, Buchloe, Germany
Nationality: German

Dr. Blaschke is Chairman of the Supervisory Board of WashTec AG since June 4th, 2014.

Memberships in other statutory supervisory boards:

  • Leifheit AG, Nassau, Germany; Chairman of the Supervisory Board


Memberships in comparable domestic and international supervisory bodies of business enterprises:

  • None


For further information please click here.

Ulrich Bellgardt (Deputy Chairman)

Dipl. Ingenieur, Hubersdorf, Switzerland 
Nationality: German / Swiss

Mr. Bellgardt is Deputy Chairman of the Supervisory Board of WashTec AG since June 4th, 2014.

Memberships in other statutory supervisory boards:

  • KROMI Logistik AG, Hamburg, Germany (Chairman of the Supervisory Board) 


Memberships in comparable domestic and international supervisory bodies of business enterprises:

  • None


For further information please click here.

Dr. Hans Liebler

Managing Director of Lenbach Capital GmbH, Gräfelfing, Germany
Nationality: German

Dr. Liebler is a Member of the Supervisory Board of WashTec AG since May 10th, 2012.

Memberships in other statutory supervisory boards:

  • None


Memberships in comparable domestic and international supervisory bodies of business enterprises:

  • autowerkstattgroup N.V., Amsterdam, Netherlands (Member of „commissarissen“ – Supervisory Board)


For further information please click here.

Heinrich von Portatius

Member of the Management Board, Paradigm Capital AG, Grünwald, Germany
Nationality: German

Heinrich von Portatius is a Member of the Supervisory Board of WashTec AG since May 16th, 2022.

Memberships in other statutory supervisory boards:

  • None


Memberships in comparable domestic and international supervisory bodies of business enterprises:

  • Schaltag AG, Effretikon, Switzerland (Member of the Board of Directors – since July 2015)
  • Paradigm Capital North America ICAV, Dublin, Ireland (Member of the Board of Directors – since July 2021)
  • Paradigm Capital North America Feeder ICAV, Dublin, Ireland (Member of the Board of Directors – since July 2021)


For further information please click here.

Dr. Alexander Selent

Dipl.-Kaufmann, Limburgerhof, Germany
Nationality: German

Dr. Selent is a Member of the Supervisory Board of WashTec AG since May 3rd, 2017.

Memberships in other statutory supervisory boards:

  • None


Memberships in comparable domestic and international supervisory bodies of business enterprises:

  • None


For further information please click here.

Peter Wiedemann

Member of the Management Board, RATIONAL AG, Landsberg am Lech, Germany
Nationality: German

Peter Wiedemann is a Member of the Supervisory Board of WashTec AG since May 16th, 2022.

Memberships in other statutory supervisory boards:

  • None


Memberships in comparable domestic and international supervisory bodies of business enterprises:

  • None


For further information please click here.

in EUR m 2018 2019 2020 2021 2022
Revenues 435.4 436.5 378.7 430.5 482.2
EBIT 51.5 36.3 20.1 45.7 38
EBIT margin (in %) 11.8 8.3 5.3 10.6 7.9
EBT 50.8 35.7 18.8 44.8 37.3
Net income 34.0 22.3 13.3 31.1 26.4
Earnings per share (Euro) 2.54 1.66 0.99 2.32 1.97
Dividend per share (Euro) 2.45 - 2.30 2.90 2,201
Free Cashflow 32.3 15.0 45.6 42.3 16.2
Balance sheet total 237.2 274.9 244.0 267.0 284.5
Equity 95.4 84.5 96.2 98.4 88.1
Employees2 (people) 1,852 1,880 1,798 1,767 1,806
1 Dividend proposal to the Annual General Meeting 2023
2 Average for the year