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Würth was founded by Adolf Würth (1909–1954), [6] for the purpose of selling screws in 1945 in Künzelsau (hence the company logo, which consists of the family name and a W of two screw heads with cylindrical and round heads).
An entire range was developed from this additive, with over 4,000 products, including engine and gear oils, additives and care products, workshop equipment, and service products. In Germany, Liqui Moly is one of the leading producers of engine oils. Germany remains the main marketplace, but international demands are increasing.
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The company value rose to $11 billion (US$) in 2000 and quickly fell to penny stock levels. [3] Low earning warnings by Intershop caused widespread losses for other tech companies ; in one instance, SAP 's stock fell by 8%.
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Adolf Würth also spelled Wuerth (/ w uː r t h / woor-th February 7, 1909 – December 14, 1954) was a German businessman. In 1945, he founded what today is known as Würth Group , the world's largest industrial screw distributor. [ 1 ]