CASH MANAGEMENT

Group companies have the possibility within the framework of superordinate Group directives to place any cash they do not require for their business operations with Würth Finance International B.V., which then makes these funds available to the Würth Group to finance its growth.

The Cash Management business unit at Würth Finance International B.V. is responsible for ensuring the optimal use and allocation of the Group’s liquid assets. The flow of cash within the Group is coordinated so that the necessary liquidity is always available in the right place at the right time and that the interest income is continually optimised. The employment of cash pool systems allows the automated flow of cash on a day-to-day basis.

The Group also strives to work with the individual companies in their local currency.