Pause operations: company temporarily curtailing operations while keeping return options open

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The Hoffmann Group of Munich Germany is the parent company of Hoffmann Group USA and is a world leader in tooling manufacturing for over 100 years

Pause operations: company temporarily curtailing operations while keeping return options open

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Staff(RF), 2021
189
Taxes(RF), mln.USD
6
The Company Statement
August 19, 2023

Still operating and advertising in Russia. Hoffmann Group announced that it would tighten controls and cease new supply commitments to Russian customers after February 2022. The Russian legal entity OOO “HOFFMANN GROUP” was liquidated on September 30, 2024, and Russia is not listed among the active countries on the company’s official website. At the same time, Hoffmann Group products, including the GARANT and HOLEX brands, are still offered by Russian suppliers of industrial tools and equipment, which indicates that the brand remains present on the Russian market through indirect channels.

September 28, 2022Hoffmann Group response - Business and Human Rights Centre
May 05, 2022https://hoffmann-group.ru/blogs/news/letter-to-our-customers
Hoffmann Group in Russia
Hoffmann Group in Russia
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