Early Life
Fritz Draexlmaier was born on November 1, 1914, in Geisenhausen. His grandfather, Michael Dräxlmaier, founded a leather and shoe factory in 1875, which laid the foundation for the family's entrepreneurial journey. Fritz attended school in Geisenhausen, Simbach, and Munich. He served in the military from 1935-1937 and during World War II.
Rise to Success
In 1958, Fritz Draexlmaier, along with his wife Lisa, co-founded Dräxlmaier Group, entering the automotive market with an initial order for wiring harnesses for the Goggomobil. The company quickly expanded, manufacturing various components and becoming a key supplier to premium automotive brands like BMW, Audi, and Mercedes-Benz.
Key Business Strategies
Under Draexlmaier's leadership, the company has focused on innovation and customer-specific solutions, including the invention of customer-specific wiring harnesses. The group has expanded its global presence with over 60 locations worldwide. The company’s strategic framework for implementation and action of our future measures is shaped by the LEADER strategy. Dräxlmaier Group has emphasized sustainable practices and employee development, earning recognition as a Top Employer.
Philanthropy
The search results do not provide information regarding specific philanthropy amounts or initiatives for Fritz Draexlmaier.
