Changes in BARTEC Management

After nearly twelve years at the helmet of the company, CEO Dr Ralf Köster hands over the leadership of BARTEC Group/COO Marcus Eisenhuth and CFO Heiko Laubheimer will jointly assume leadership of the company.

“Dr Ralf Köster, longtime CEO of BARTEC Group, the leading industrial safety technology provider, will not again renew his contract as CEO expiring at the end of this year. He will however remain associated with the company as shareholder and adviser.

Chief Operating Officer Marcus Eisenhuth and Chief Financial Officer Heiko Laubheimer will jointly assume leadership of BARTEC Group.

“In the past twelve years I have been fully committed to pursue the goal to turn BARTEC Group into a global market leader. Consistent internationalization, systematic innovation management and a great number of successful acquisitions have been the key to this development. Only through the great commitment of our employees and the thorough support of our shareholders we have been able to build a company of international reputation. As Hidden Champion, global market leader and as one of the 100 most innovative companies among German SMEs, BARTEC Group is well positioned for the future,” says Dr Ralf Köster.

In recognition of his lifetime achievement, Dr Ralf Köster was awarded the “Entrepreneur Of The Year 2015 – Award for excellence in the SME sector” on 15 October 2015 in Berlin. “This is the appropriate time to hand over the leadership of the Group,” says Dr Ralf Köster.

For the past three years, Charterhouse Capital Partners LLP has supported the development of BARTEC Group as its majority shareholder. Christian Fehling, Partner at Charterhouse Capital Partners LLP, says: “Dr Ralf Köster has with utmost commitment formed BARTEC Group into the leading and most successful provider in the industry. Thus, BARTEC Group today is best placed to continue on this way under a new leadership. Charterhouse supports the route to expansion taken. For his extraordinary contribution, we pay our utmost respect to Dr Ralf Köster. We want to thank Dr Ralf Köster for our sound and trusting cooperation and wish him all the best and continuing success in this new stage of his life. We are very happy that Dr Ralf Köster will remain on board to support the company as its shareholder and adviser and thus contribute his longstanding experience and expertise to the successful further development of BARTEC Group.”