Business and Operations
Multivac Group earns Germany’s Best Managed Companies award
May 26, 2023 By Bakers Journal
Wolfertschwenden, Germany – The Multivac Group has been named a Best Managed Companies Award for 2023. Supported by the Federal Association for German Industry, the award is given by Deloitte Private and the Frankfurter Allgemeine Zeitung to medium-sized companies in Germany they recognize as outstandingly well managed.
The Best Managed Companies Award pays tribute to those family companies and medium-sized enterprises based in Germany and outstandingly well managed. The award is intended to serve as a spur and an example for other companies to shape their own future with the same strategic vision, strength of innovation, sustainable culture and good management practice.
Participating companies were judged for excellence in the following four core areas: strategy, productivity and innovation, culture and commitment, and finances and governance. The precondition for the award is a high level of performance in all four areas. The prize winners were then selected by a jury of well-known representatives from commerce, science and the media.
“The features of a Best Managed Company, such as the Multivac Group, are a forward-looking strategy, a high level of productivity, a distinctive culture of innovation, and a company management that is focused on values,” said Dr. Christine Wolter, partner and head of Deloitte Private. “Thanks to the combination of their appeal as an employer and
established commercial success, these Best Managed Companies have an important “beacon” function in their particular region.”
“Success is not a one-way street, but rather it is based on responsible and trusting dialogue and cooperation with staff members, customers and suppliers,” said Christian Traumann, group president of the Multivac Group, who accepted the award May 25 in Düsseldorf.
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