New Managing Directors of Handtmann

April 3, 2023

Markus Handtmann and Valentin Ulrich are representing the fifth generation of the Handtmann family and have taken on management of the Handtmann Group of Companies as of the 1 April 2023. At the end of June, the current Managing Partner Thomas Handtmann will move to the Advisory Board of the family-owned company.

Thomas Handtmann will be looking back on 25 years spent as Managing Director of Handtmann. He took over the management of the family business from his father Arthur Handtmann in 1998, and the company has witnessed significant growth since then. Headcount has increased from 1592 employees to 4265 in 2022.

Handtmann has production sites in a number of locations across the world including Germany, Slovakia, Czech Republic or China.

“From a medium-sized enterprise in Upper Swabia, we have developed into an internationally operating technology company. What is important to me personally is that throughout this time we have always been a family business,” explained Thomas Handtmann. “And what this means is not only that the group of companies continues to be family-owned and family-run, but that the working climate at Handtmann is very family-like and that many people at Handtmann have a strong sense of belonging.”

As of April, Valentin Ulrich and Markus Handtmann will be appointed Managing Directors of Handtmann. At the end of June, Thomas Handtmann will move to the Advisory Boards.

“Although I greatly enjoy dealing with all kinds of people and issues on a daily basis, I also look forward to being able to cut back a bit in the future and spend more time with my family. In any case, I will remain closely tied and committed to the company,” he added.

The two new Managing Directors have both mechanical engineering and management experience and have already held various management positions at Handtmann.

“The Handtmann Group of Companies operates widely diversified, is a strong investor and employs a large number of enthusiastic people. They are the key to the past and future success of Handtmann. We are very pleased to be leading this team from now on,” said Markus Handtmann.

“Topics such as internationalisation, innovation, digitalisation and openness to new ways of working are crucial for the future of Handtmann. We will be investing in these and other areas to create sustainable long-term value for our customers, our employees, society and our group of companies,” commented Valentin Ulrich.

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