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Change of management at BAUER Resources GmbH – Tobias Bangerter to become Managing Director

Starting September 1st, Tobias Bangerter will join the Management Board for BAUER Resources GmbH as a new member, replacing Peter Hingott who has served as Chairman of the Management Board for the past four years alongside his role as member of the Management Board of BAUER AG. At the same time, Dr. Roman Breuer will take over as Chairman of the Management Board.

 

"We would like to extend our warm thanks to Peter Hingott for his immense commitment and involvement these past years. At the same time, we are thrilled to secure Tobias Bangerter, an established expert in the construction sector and international business, for Bauer Resources," said Dr. Roman Breuer.

Tobias Bangerter is certainly no stranger to Bauer Resources: for the last two years, he worked as Interim Manager for Bauer Nimr in Oman, where Bauer operates the world's largest reed bed treatment plant for cleaning oil-contaminated water. In his new role, he will in future be responsible for the areas of environmental services, remediation, the Middle East region and business administration.

The 55-year-old has many years of experience in the construction sector, especially in international business: Before transitioning to Bauer, he held various positions at Dywidag in Munich over a period of 20 years, including several years in the management of Dywidag International and later with the Strabag Group. In 2011, he began working independently as a partner with an international project services company specializing in engineering and tunnel construction, primarily managing large international projects.

For Tobias Bangerter, his new position is a passion project: "Supporting a mid-sized, family-run company like Bauer and growing together – that's what I care about." Starting in September, he will bring this passion to projects including the development of Bauer Resources on the Chinese and American markets to chart the course for profitable growth.

He is grateful for the confidence that has been placed in him and is excited for his future responsibilities: "I look forward to meeting the whole team and working together to actively shape the future."

About BAUER Resources Group

The regionally organized BAUER Resources GmbH is aligned to projects around the world with its subsidiaries in Germany, Africa, the Middle East and South America and has extensive expertise in the areas of drilling services and water wells, environmental services and constructed wetlands. With 30 years of experience, BAUER Resources GmbH's Bauer Umwelt business division is one of the leading specialists in site remediation, soil remediation and waste disposal, both in the domestic market and internationally. As an expert in pollution reduction, Bauer Umwelt offers a diverse range of services for all environmental issues. Other companies of the BAUER Resources Group are the GERMAN WATER and ENERGY GROUP (GWE) – manufacturers of pioneering products and developers of integrated applications for well-drilling and geothermal – as well the Site Group for Services and Well Drilling Ltd. in Jordan. More at bre.bauer.de

About Bauer

The BAUER Group is a leading provider of services, equipment and products dealing with ground and groundwater. With over 110 subsidiaries, Bauer can rely on a worldwide network on all continents. The Group’s operations are divided into three forward-looking segments with high synergy potential: Construction, Equipment and Resources. Bauer profits enormously from the collaboration of its three business segments, enabling the Group to position itself as an innovative, highly specialized provider of products and services for demanding projects in specialist foundation engineering and related markets. Bauer therefore offers suitable solutions to the world’s greatest challenges, such as urbanization, the growing infrastructure needs, the environment, as well as water, oil and gas. The BAUER Group was founded in 1790 and is based in Schrobenhausen, Bavaria. In 2019, it employed about 12,000 people in around 70 countries and achieved total Group revenues of EUR 1.6 billion. BAUER Aktiengesellschaft is listed in the Prime Standard of the German Stock Exchange.

Source: Bauer

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