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February 13, 2016 4:41 PM ET

Machinery

Company Overview of MANN+HUMMEL GMBH

Company Overview

MANN+HUMMEL GMBH develops, manufactures, and supplies filtration systems to automotive, mechanical engineering, and water filtration industries in Germany and internationally. It offers cabin filters, fuel filter systems, crankcase ventilations, air induction systems, oil filter systems, water filtration systems, and other products. The company sells its products through dealers. MANN+HUMMEL GMBH was formerly known as FILTERWERK MANN+HUMMEL GMBH and changed its name to MANN+HUMMEL GMBH in April 2003. The company was founded in 1941 and is based in Ludwigsburg, Germany with locations worldwide. MANN+HUMMEL GMBH operates as a subsidiary of Mann + Hummel Holding GmbH.

Hindenburgstrasse 45

Ludwigsburg,  71638

Germany

Founded in 1941

Phone:

49 7141 98 0

Fax:

49 7141 98 2545

Key Executives for MANN+HUMMEL GMBH

Chairman, Chief Executive Officer, President and Member of Management Board
Age: 57
President, Chief Financial Officer and Member of Management Board
Chief Operations Officer and Member of Management Board
Age: 41
Member of Management Board, Director, President of Automotive + Industrial Business and General Manager of Automotive + Industrial Business
Chief Human Resources Officer, Labor Relations Director and Member of Management Board
Age: 43
Compensation as of Fiscal Year 2015.

MANN+HUMMEL GMBH Key Developments

MANN+HUMMEL GMBH Reports Revenue Results for the Year Ended December 31, 2015

MANN+HUMMEL GMBH reported revenue results for the year ended December 31, 2015. For the year, the company reported revenues increased 8% year on year to EUR 3 billion (USD 3.3 billion) in the fiscal year ended December 31, 2015.

MANN+HUMMEL GmbH Announces Executive Appointments

MANN+HUMMEL GmbH announced that following five years as the worldwide Group Vice President Human Resources, Filiz Albrecht has been promoted to the Management Board in the position of Chief HR Officer (CHRO) and Labor Relations Director. Hansjörg Herrmann has been appointed as Chief Operations Officer (COO) and, after Germany and Europe, will now assume global responsibility for production at the approximately 40 plants of the company. Filiz Albrecht joined Erbslöh Aktiengesellschaft as Head of Personnel and Legal Affairs before moving to the company in 2011. Here, she initially managed the Human Resources Department at the German locations within the Group, before assuming responsibility for the Group-wide Human Resources activities as a member of the extended Management Board in 2012. Hansjörg Herrmann joined the company as Manager of the German plants. In spring 2015, he additionally assumed responsibility for the plants in the European region.

MANN+HUMMEL Reports Group Earnings Results for the First Half of 2015

MANN+HUMMEL reported group earnings results for the first half of 2015. For the period, the company's turnover has risen to EUR 1.44 billion against EUR 1.39 billion a year ago. The operating result for the first half of 2015 is stable.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 29, 2015
MANN+HUMMEL GMBH, Werk 1 in Ludwigsburg
 

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