Payer Group
The Payer Group ( proper spelling : PAYER ) is a plastics processing company founded in 1946 in Sankt Bartholomä in Styria with currently (as of 2020) five locations in Styria, Hungary and China. Around 1,100 people are employed worldwide. The group turnover in 2016 was around 100 million euros.
The company's headquarters are at Sonneck Castle in Sankt Bartholomä, where the competence and technology center is also located.
The business areas are divided into Hair Removal & Beauty, Home & Garden, Baby & Child, Medical, Automotive and Sports & Lifestyle.
history
In 1946 Eduard Payer founded a company for the manufacture of men's razors in Sankt Bartholomä near Graz . After Eduard Payer's death in 1976, the company was taken over by his daughter Ruth and his son-in-law, Horst Stross.
After the fall of the Iron Curtain , relations with Hungarian companies were established and a joint venture was established in Ajka, Hungary in 1992 . In addition, Philips became a minority owner in the 1990s. In 1996, in addition to the original electric razors for men, the first ladyshaver was produced, which led to the company developing from a pure razor manufacturer to a producer of personal care products .
The Philips Group acquired in 2001 all shares of the Payer Group. The following year, the Malaysian HUI Holding took over the Payer Group.
In addition to the takeover of the joint venture in Ajka (1997), two further locations were founded in China (2003 and 2005), a medical technology and competence center was established in Austria and another sub-company, Payer Medical GmbH (2014), was founded and a location in Kecskemét, Hungary, (2017) taken over.