October 01, 2016 1:09 AM ET

Machinery

Company Overview of MANN+HUMMEL GMBH

Company Overview

MANN+HUMMEL GMBH develops, manufactures, and supplies filtration systems to automotive, mechanical engineering, industrial, and water purification industries in Germany and internationally. It offers cabin filters, fuel filter systems, crankcase ventilations, air induction systems, oil filter systems, and water filtration systems; and other products, such as EDM filters, coolant expansion tanks, air/oil separators, oil mist separator/aerosol separators, oil pans, and centrifuges. 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...

Hindenburgstrasse 45

Ludwigsburg,  71638

Germany

Founded in 1941

Phone:

49 7141 98 0

Fax:

49 7141 98 2545

Key Executives for MANN+HUMMEL GMBH

Chief Executive Officer, President and Member of Management Board
Age: 58
President, Chief Financial Officer and Member of Management Board
Chief Operations Officer, Production Director and Member of Management Board
Age: 42
Member of Management Board, President of Automotive OEM and General Manager of Automotive OEM
Member of Management Board, President of Automotive Aftermarket and General Manager of Automotive Aftermarket
Compensation as of Fiscal Year 2016.

MANN+HUMMEL GMBH Key Developments

MANN+HUMMEL Group Announces Sales Results for the First Six Months of 2016; Provides Sales Guidance for the Year 2016

MANN+HUMMEL Group announced sales results for the first six months of 2016. For the six months, the company recorded sales of EUR 1.48 billion, which represents a fall of EUR 50 million or 3.1% compared to the previous year's figure of EUR 1.53 billion. The company provided sales guidance for the year 2016. For the year, the company is expecting organic sales growth of around 7%.

MANN+HUMMEL Group Announces Executive Changes

On March 1, 2016, MANN+HUMMEL Group completed the reorganization of its management board. There will be three new General Managers. Kai Knickmann will from now assume responsibility as General Manager of the Automotive OEM business unit. Josef Parzhuber will be General Manager of the Automotive Aftermarket business unit and Steffen Schneider will become the new General Manager of the Industrial Filtration business unit. The previous General Manager for the Automotive and Industrial business, Manfred Wolf, hands over his areas of responsibility on March 1. Once the planned acquisition of the filtration business of the Affinia Group has been concluded, Wolf will assume a senior function there as Executive Chairman. As Group Vice President, Kai Knickmann has already been managing the Automotive OEM business unit since 2010. The Industrial Filtration business unit also remains in capable hands. Steffen Schneider has been managing this as Group Vice President since 2013. Josef Parzhuber also takes on a new and different role as head of Automotive Aftermarket. As Group Vice President, he has been responsible for MANN+HUMMEL's business in the Asia-Pacific region for the past four years. The Management Board will thus in future consist of seven people: Alfred Weber remains President & CEO. Emese Weissenbacher maintains the responsibilities which she has held since 2015 as Director of Finance. Finally, as of January 1, 2016, Filiz Albrecht has been appointed as Human Resources Director and Hansjörg Herrmann as Production Director. From 1990 to 1999, Kai Knickmann worked at Hengst Filters in Münster in a variety of management functions. He jointed MANN+HUMMEL in 1999, initially holding key positions in the Development department. From 2007 until 2010, Kai Knickmann was Managing Director for MANN+HUMMEL in Great Britain. Josef Parzhuber began his profession career with Bosch in 1992. From 1995 until 2000, he built up the Automotive Aftermarket business for Bosch in China. This was followed by further senior Sales and Marketing positions, as well as global responsibility for the filtration product range. In 2011, Parzhuber took over as MANN+HUMMEL's Group Vice President of the water filtration business unit. Steffen Schneider's first three years of his professional career were spent in the development department at Porsche AG. he then moved to MANN+HUMMEL where, among other activities, he was Head of Sales for commercial vehicles. Schneider gained international experience as Managing Director between 2001 and 2006 in Mexico and between 2009 and 2012 in Spain. From 2006 to 2009, he was in charge of Purchasing for Automotive Original Equipment in Ludwigsburg.

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.

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