- Einhell Germany AG is a publicly listed German company, but voting control is concentrated: official governance disclosures say Thannhuber AG holds more than 75% of its voting rights.
- Power X-Change is Einhell's central 18V battery platform, covering more than 350 products across workshop, garden, home, cleaning, pumps and leisure; platform compatibility does not identify the product's factory.
- Einhell's 2025 report says most of its product range is produced in China, while the group is diversifying sourcing and expanded Power X-Change battery production in Hungary.
Einhell is owned through Einhell Germany AG, a publicly listed German company with concentrated voting control. The company has outside shareholders, but its official governance disclosure says Thannhuber AG holds more than 75% of the voting rights.
That combination is the key to understanding Einhell. It is not a wholly private family business, and it is not a widely dispersed public company with no controlling shareholder. Listed preference shareholders participate economically, while the voting ordinary-share structure gives Thannhuber AG decisive control.
Einhell Ownership at a Glance
| Entity or relationship | Verified role | Important boundary |
|---|---|---|
| Einhell Germany AG | Listed parent company headquartered in Landau an der Isar, Bavaria | Public listing does not mean voting control is widely dispersed |
| Thannhuber AG | Controlling voting shareholder with more than 75% of voting rights | Voting control is not the same as owning every publicly held preference share |
| Ordinary shares | Carry the voting control described in company disclosures | Ordinary-share ownership should not be confused with the listed preference-share market |
| Preference shares | Publicly traded economic interest in Einhell Germany AG | Preference shareholders do not replace the controlling voting block |
| Einhell Group subsidiaries | Regional sales, sourcing, service and brand operations | A subsidiary's address does not prove a product's factory |
| Power X-Change partners and products | Shared 18V ecosystem across Einhell and selected partners | Battery compatibility is not corporate ownership |
| Chinese suppliers and other production operations | Major part of the manufacturing and sourcing system | Supplier location must be verified at model level |
*Einhell combines a public-company capital structure with concentrated voting control.*
Is Einhell a Public Company?
Yes. Einhell Germany AG is a German stock corporation and publishes IFRS group reports, annual financial statements, governance declarations and shareholder information. Its preference shares trade publicly.
Public-company status brings reporting, governance and market obligations. It also means outside investors can hold an economic interest in the company.
But “public” does not answer the control question. Einhell's ordinary and preference shares have different roles. The governance disclosure identifies Thannhuber AG as holding more than 75% of voting rights, giving it a controlling position even though the company is listed.
The accurate short description is: Einhell is a publicly listed company under controlling Thannhuber voting ownership.
Who Is Thannhuber AG?
Thannhuber AG is the controlling shareholder behind Einhell's voting structure.
Einhell's corporate-governance statement says management-board member Dr. Markus Thannhuber and supervisory-board member Philipp Thannhuber have interests in Thannhuber AG, which holds more than 75% of Einhell Germany AG's voting rights.
Historical voting-rights notifications show how concentrated control developed, but a decades-old notice should not be used as a current percentage of total economic ownership. Share classes, stock splits and market holdings matter.
For most readers, the practical conclusion is enough: public investors own listed shares, while Thannhuber AG controls the shareholder vote.
Who Founded Einhell?
The business dates to 1964. Josef Thannhuber took over an electrical-installation company associated with his uncle Hans Einhell and developed it into the company that became Einhell Germany AG.
Einhell grew through international subsidiaries, retail partnerships and a product strategy focused on tools and equipment for home, workshop and garden users. The group now operates through nearly 50 subsidiaries and employs more than 2,700 people, according to its current company profile.
Founder history helps explain the continuing Thannhuber control, but the current owner is the listed legal company and its shareholders—not the founder personally.
Is Einhell Owned by Bosch, Stanley Black & Decker or a Retailer?
No. Einhell is not a Bosch, Stanley Black & Decker, TTI or Chervon brand.
Retailers sell Einhell products, and the group may develop retailer-specific ranges or work with commercial partners. Distribution does not transfer corporate ownership.
The group also owns or operates regional businesses, including the Australian Ozito operation. A group brand relationship should not be reversed: Einhell's ownership of a subsidiary or brand does not mean that a retailer or license partner owns Einhell Germany AG.
What Is Power X-Change?
Power X-Change is Einhell's central cordless platform. It uses an 18V battery architecture across more than 350 compatible products.
The ecosystem extends beyond drills and saws. Einhell positions it across workshop tools, garden equipment, home and cleaning products, pumps, leisure applications and selected platform partners.
Higher-voltage applications use Twin-Pack configurations that combine two 18V batteries rather than creating an entirely separate 36V battery family. That gives the platform a common interface while allowing tools with different power demands.
Power X-Change is therefore both a technical platform and a business strategy: each compatible product increases the value of the battery installed base.
Are All Power X-Change Batteries Compatible?
Einhell says Power X-Change products are backward and forward compatible across the platform. Any PXC battery variant can operate PXC devices, subject to the product's requirements.
That claim still has practical boundaries:
- demanding tools may recommend higher-capacity or higher-output packs;
- Twin-Pack products require two suitable 18V batteries;
- charger selection and destination voltage matter;
- product documentation can specify performance limitations; and
- a partner product must carry official Power X-Change compatibility.
Do not assume compatibility with Ozito PXC products across every country without checking regional documentation. Common group ownership and similar branding are not enough for a cross-market electrical claim.
How Important Is Power X-Change to Einhell's Business?
Power X-Change is the group's primary growth engine.
Einhell reported 2025 group revenue of €1.1577 billion, up 4.3% from the previous year. The company said Power X-Change products represented 54% of group revenue in 2025.
That percentage shows why Einhell is best understood as a platform company rather than a collection of unrelated corded and cordless tools. Batteries drive repeat tool purchases, category expansion and partner relationships.
The platform also creates risk. Quality, battery supply, interface continuity and service affect many categories at once. Buyers should evaluate the ecosystem, not only the price of one bare tool.
Who Manufactures Einhell Tools?
Einhell manages product development, specification, quality systems, sourcing and sales through the group, while most of its current product range is produced by suppliers in China.
The 2025 annual report states this directly. It also says the group is working to reduce dependence on Chinese suppliers through a second-source strategy. Einhell acquired Swisstec Sourcing Vietnam in 2023 and continues to broaden procurement options.
Einhell has also added in-group battery production. EINHELL Operations Kft. in Hungary began battery manufacturing in 2024 and produced more than half a million Power X-Change batteries in 2025, according to the annual report.
This is a mixed model: German headquarters and group teams control the platform and commercial system; Chinese suppliers manufacture much of the tool range; Hungary produces growing battery volumes; and other sourcing operations support diversification.
*Power X-Change connects categories, while production and responsible-party evidence remain model-specific.*
Where Are Einhell Tools Made?
Many Einhell tools are made in China, but the complete range cannot be assigned to one country.
The annual report's group-level statement is stronger evidence than guessing from Einhell's German headquarters. At the same time, it does not prove the origin of an individual drill, mower, vacuum, pump or battery.
For exact origin, check:
- the country-of-origin marking on the tool and package;
- the manufacturer, importer or responsible party in the manual;
- model and production revision;
- conformity declaration;
- battery label and date code; and
- destination-market service documentation.
“German company” is a corporate identity. It is not a universal manufacturing label.
Does Einhell Manufacture Its Own Batteries?
Einhell now manufactures part of its battery supply through its Hungarian operation.
The group says production in Hungary started in 2024 and exceeded half a million batteries in 2025. It plans further expansion. This supports supply resilience and platform control, but it should not be interpreted as proof that every Power X-Change battery comes from Hungary.
Cells, electronics, housings, assembly and final product origin can involve different suppliers and sites. The battery label remains the correct evidence for a specific pack.
What Brands and Businesses Are Connected to Einhell?
The Einhell Group operates through regional subsidiaries and related brands. The most prominent example is Ozito, the Australian tools and garden-equipment business acquired by Einhell.
Einhell also expands Power X-Change through selected external platform partners. These relationships allow non-Einhell products to use the battery system under documented arrangements.
Three relationships must remain separate:
- a group-owned brand or subsidiary;
- an independent platform partner; and
- a retailer or distributor.
None of those roles automatically identifies the factory or warranty entity for a product.
Einhell in Cleaning, Pumps and Robotic Equipment
Einhell has deliberately expanded Power X-Change beyond traditional power tools.
The platform includes wet-and-dry vacuums, handheld vacuums, floor-cleaning products, pumps and outdoor-cleaning equipment. Robotic mowers and garden tools extend the same installed battery ecosystem into yard automation, although robots can include integrated batteries and product-specific charging systems.
Einhell's July 2026 cleaning communication argues that consumers often think of shared batteries for workshop and garden tools but overlook cleaning equipment. That adjacency is strategically important for World Clean Biz readers: it turns a tool battery into a broader home-and-property equipment platform.
Compatibility still requires the Power X-Change mark and exact product documentation. “Cordless” alone is not a standard.
How Does the Einhell Warranty Work?
Warranty coverage varies by market, product and registration.
Einhell's current sustainability information says customers can extend the warranty on registered Power X-Change products or batteries by one additional year to a total of three years. Registered brushless motors can receive coverage up to ten years, subject to the applicable program terms.
Those headlines should not be detached from their conditions. Registration deadline, country, purchase source, product category, consumer law and proof of purchase matter. A motor warranty does not automatically cover the entire tool, battery or normal wear for ten years.
Einhell also says it supports spare-parts availability for at least ten years after the end of series production. Buyers should verify that commitment through the local service entity for the intended market.
What Buyers and Distributors Should Verify
Before relying on an Einhell ownership or manufacturing statement, record:
- Parent company: Einhell Germany AG.
- Voting control: Thannhuber AG's disclosed controlling position.
- Share class: Ordinary or preference share when discussing ownership.
- Brand and seller: Einhell, Ozito, partner product, retailer or regional subsidiary.
- Product identity: Model, revision, kit and destination market.
- Battery system: PXC compatibility, Twin-Pack need and recommended pack.
- Origin: Product and battery labels, not headquarters.
- Responsible entity: Manufacturer, importer and conformity-document holder.
- Warranty: Registration, duration, exclusions and service country.
- Cleaning workflow: Vacuum, pump, mower or other category-specific requirements.
Frequently Asked Questions
Who owns Einhell today?
Einhell Germany AG is the listed parent company. Thannhuber AG holds more than 75% of its voting rights, while public investors hold listed shares.
Is Einhell a public company?
Yes. Einhell Germany AG is publicly listed and publishes regulated financial and governance reports.
Is Einhell family-owned?
It has concentrated Thannhuber-linked voting control, but it is also a listed company with outside shareholders. Calling it only private or only widely held would be incomplete.
Is Einhell owned by Bosch?
No. Einhell and Bosch are separate companies with separate battery platforms.
Are Einhell tools made in Germany?
Einhell is German-headquartered, but its 2025 report says most of the product range is produced in China. Exact origin depends on the model.
Does Einhell make its own batteries?
Einhell produces a growing share of Power X-Change batteries in Hungary, but not every pack should be assigned to that plant without label evidence.
How many tools use Power X-Change?
Einhell currently promotes more than 350 compatible products across workshop, garden, home, cleaning and other categories.
Does Einhell own Ozito?
Ozito is part of the Einhell Group. Battery and warranty compatibility should still be checked by market and model.
Final Answer
Einhell is owned through Einhell Germany AG, a publicly listed German company. Public investors participate through its shares, while Thannhuber AG holds more than 75% of voting rights and therefore controls shareholder voting.
Power X-Change is the center of Einhell's strategy, linking more than 350 products across tools, garden, cleaning, pumps and leisure. Most of the group's current product range is produced in China, while sourcing is diversifying and Hungary now manufactures Power X-Change batteries. For an exact product, keep company ownership, voting control, battery compatibility, factory origin and warranty responsibility separate.
Official Sources
- Einhell: 2025 Financial Report
- Einhell: Corporate governance
- Einhell: Shareholder structure
- Einhell: 2025 results and Power X-Change revenue share
- Einhell: Power X-Change and cleaning categories
- Einhell: Power X-Change platform partners
- Einhell: Warranty, repair and platform-compatibility commitments
