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The Founding of WAGO

2000-2009

Exciting Times

Fifty years of WAGO – exciting times for WAGO and the economy! In 2001, WAGO celebrated its 50th anniversary in grand style with more than 2000 employees and guests. Another reason to celebrate arrived in March 2003: the successful buyback from Spirent PLC. WAGO was once again a 100% family-owned business – a proud moment. The second revolution in spring pressure connection technology finally followed with the development of new rail-mount terminal blocks with Push-in CAGE CLAMP®. With the TOPJOB® S Rail-Mount Terminal Blocks using Push-in CAGE CLAMP®, WAGO improved its existing spring pressure connection technology – particularly its actuation. The upgrade launched yet another technology that would quickly become the market standard. The accreditation of WAGO’s in-house testing lab validated its comprehensive testing capabilities.

Product Developments and Events from the 2000s

  • 2001: WAGO Denmark established
  • 2001: WAGO WINSTA® Pluggable Connection System
  • 2003: WAGO Rail-Mount Terminal Blocks TOPJOB® S
  • 2004: WAGO Finland and WAGO Mexico established
  • 2004: WAGO 222 Series – a splicing connector for all conductor types
  • 2005: WAGO Brazil, WAGO Norway and WAGO Sweden established
  • 2005: WAGO SPEEDWAY I/O System (for IP67 applications)
  • 2006: WAGO Hungary established
  • 2006: WAGO Signal Conditioners and Pluggable Relay Modules
  • 2007: WAGO Russia and WAGO Turkey established
  • 2009: WAGO Taiwan and WAGO UAE established
MM-17597_decade_collages_2000.jpg

Milestones in the 2000s

2003

Buy-Back of Company Shares – WAGO is Family Owned Again

After 39 years of mutual benefit partnership with Bowthorpe Holdings Ltd (after renaming Spirent PLC), an opportunity to buy back all of Spirent's shares in WAGO arose at the end of 2002. Managing directors Wolfgang and Sven Hohorst were certain they had to seize this opportunity. And this is how WAGO became a 100% family-owned business again in March 2003. The reaction of the workforce: overwhelming and moving applause. A moment of appreciation and important support for the future.

2003

The Step into Independence

WAGO was again a 100% family-owned business – independent and flexible. In addition to a sense of togetherness, the buyback also freed the company to champion internal values and fully implement in-house ideas fully. Formerly unrealizable investments were made, internationalization was pursued and the selection of production locations followed internal visions. New subsidiaries were established in Mexico, Norway and Sweden, and additional WAGO branches soon followed. The return to a family-owned business was successful.