As was announced in spring 2016, Dirk Lambrecht took over management of the Datwyler Group as CEO on 1 January 2017. Paul Hälg, who held the position from 2004, stepped down at the end of 2016 and will be recommended for election to the post of Chairman at the Annual General Meeting in March 2017. He will succeed Ulrich Graf, who will be stepping down from his post for age-related reasons after 12 years at the 2017 Annual General Meeting.
“We will see another personality with tremendous energy at the helm of Datwyler, when Dirk Lambrecht, a manager with a proven track record at the company and a wealth of international experience, takes over as CEO," says Chairman Ulrich Graf. “I would like to thank Paul Hälg for the longstanding commitment and exceptional achievements he has brought to the Datwyler Group. We wish him all the best for the future, both in his personal and professional life.”
Sustained increase in profitability
Since he took over as CEO in 2004, Paul Hälg has worked closely with the Board of Directors to refocus the Datwyler Group and take it forward. In so doing, sealing technology and the high service distribution of electronic components were defined as core business areas. Thanks to active portfolio management involving both divestments and acquisitions, the number of divisions has reduced from the original five to two and the two core business areas have been duly expanded. While this portfolio management strategy was being implemented, platforms for organic growth were created in both divisions. With this package of strategic and operational measures, Datwyler has succeeded under the leadership of Paul Hälg in boosting competitiveness and achieving a sustained increase in its operating profit margin from just under 4% in 2005 to well over 10%.
Growth as a strategic focus
Following successful adjustments to its portfolio in recent years, the strategic focus for the future is concentrated overwhelmingly on profitable growth. As Head of the Sealing Solutions division, Dirk Lambrecht has shaped the development and growth of this division since 2005. Major factors here were targeted international growth involving the establishment and expansion of own sites and the acquisition of suitable companies in the three key business regions of Asia, NAFTA and Europe. As a result of these activities, Dirk Lambrecht succeeded in significantly increasing the competitiveness and profitability of the Sealing Solutions Division and, at the same time, more than doubling revenue.
Other key milestones include building a partnership with Nespresso and successfully merging the former Sealing Technologies and Pharma Packaging divisions. Aged 56, Dirk Lambrecht is a qualified mechanical engineer. He was succeeded as Head of the Sealing Solutions division by Torsten Maschke on 1 October 2016 (as was also announced in spring 2016). He previously held various international managerial roles at Freudenberg.
The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. With its technological leadership and customised solutions, the Group delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Technical Components division is one of Europe’s foremost high-service distributors of maintenance, automation, electronic and ICT components and accessories. The Sealing Solutions division is a leading supplier of customised sealing solutions to global market segments, such as the healthcare, automotive, civil engineering and consumer goods industries. With a total of more than 50 operating companies, sales in over 100 countries and some 7,000.
Source: Datwyler Group