Peter Welter GmbH & Co. KG

Peter Welter GmbH & Co. KG is a manufacturer, distributor and wholesaler of industrial supplies headquartered in Erftstadt, Germany. The company was founded in 1958 in Cologne on the basis of the magnetic closure, introduced to the German hardware market as a novelty. Applications later expanded into furniture fittings, automotive, white goods, plant and mechanical engineering. In 1973 the sole proprietorship became a GmbH & Co. KG, and in 1982 the business relocated to Erftstadt. Development of Sm/Co and NdFeB materials in the 1970s and 1980s advanced magnetic technology. A standard program of roughly 1000 magnetic items is offered, serving automotive, plant and mechanical engineering, chemistry, electrical engineering and sensor technology, including electric motors, electronic systems, displays, housings and wind turbines. The firm designs and delivers optimized magnets and magnetic systems to specified conditions.