The traditional Swiss mechanical engineering company Gietz, Gossau, Switzerland, takes over the majority shares of MABEG Systems GmbH, Moerfelden-Walldorf, Germany, as part of a succession plan.
MABEG, founded in 1946, has been managed by Jens Gebel, CEO, and Michael Grübel, CFO, as managing partners since 2009. In 2011, Dr. Daniel Burkhardt, CMO, also joined the management team as managing director and partner. After almost 10 years together, Jens Gebel and Michael Grübel are handing over their shares to Gietz Deutschland GmbH, which thus becomes the majority shareholder. Daniel Burkhardt keeps his shares. Both companies stay completely independent and continue all businesses as before.
In this context, Jens Gebel is relinquishing his management at his own request and will continue to manage his previous areas of work at MABEG as Director Operations. Michael Grübel will remain managing director and CFO until his departure in mid-2021, thus ensuring a smooth transition at his resort. Dr. Daniel Burkhardt will continue to run MABEG as managing director. This ensures continuity and thus the important connections to partners, customers and suppliers.
“Especially nowadays it is important for business partners, regardless whether they are customers, suppliers or banks, that the baton is handed over early and that continuity is maintained. We achieved this with our partner of choice Gietz. By this handing over the two companies will make it even better to be able to offer our customers around the world additional new joint product innovations and professional service. I'm really looking forward to the collaboration / future,” says Jens Gebel, who is resigning his position as CEO and Managing Director but will remain with the company for the long term as Director Operations.
“As an entrepreneur in medium-sized mechanical engineering, you are always involved in day-to-day business, but you also have to look ahead strategically. The need for an external succession plan was recognized at an early stage and I am pleased that this can be implemented as planned,” comments Michael Grübel, Managing Director and CFO.
Daniel Burkhardt, who keeps his shares and continues to run MABEG, points out: “In the last few years, we have been able to steadily expand MABEG's product portfolio. Our sheet transport lines came to the sheet feeders and inline cross cutters. Today the sheet transportation lines are used for coding, serialization and for track & trace solutions in the packaging sector and as a platform for digital printing machines. As a special machine builder, we are now active in several markets as OEM supplier and as end customer provider. With Gietz we have a majority shareholder whom we have valued very much as a customer and partner for many years and who also knows our work as a machine builder focusing on robustness and reliability. We look forward to this cooperation.”
“As a medium-sized Swiss mechanical engineering company, it is of course a big step and responsibility to make an acquisition in Germany. For both companies, this is a clear sign of further development and growth. Both companies are active in the high-quality packaging segment, so we can jointly offer our customers comprehensive concepts,” explains Hansjörg Gietz. “I am extremely pleased that we succeeded in taking over the majority of MABEG as part of this succession plan and that Mr. Burkhardt as CEO and Mr. Gebel as Director Operations will continue to work for MABEG and thank Mr. Grübel for the remaining months as CFO and the orderly handover.”