Gietz takes over Mabeg Systems
Swiss hot foil stamping engineering company Gietz has taken over the majority shares of Mabeg Systems in Germany as part of its development 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 ten years together, Jens Gebel and Michael Grübel are handing over their shares to Gietz Deutschland, which becomes the majority shareholder. Daniel Burkhardt keeps his shares.
Gebel is relinquishing his management position but will continue to manage his previous work at Mabeg as operations director. Grübel will remain a managing director and CFO until his departure in mid-2021, ensuring a smooth transition. Burkhardt will continue to run Mabeg as managing director and CEO.
‘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,’ commented Gebel. ‘We achieved this with our partner of choice, Gietz. By this hand over the two companies will 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 and the future.’
‘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,’ added Grübel.
Daniel Burkhardt, managing director, and CMO will keep his shares in Mabeg Systems and be the new CEO.
‘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,’ said Burkhardt. ‘Today, the sheet transportation lines are used for coding, serialization, and track and 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,’ explained Hansjörg Gietz. ‘I am extremely pleased that we succeeded in taking over the majority of Mabeg as part of this succession plan and that Daniel Burkhardt as CEO and Jens Gebel as operations director will continue to work for Mabeg and thank Michael Grübel for that remaining months as CFO and the orderly handover.’
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