Steel processor Wuppermann has received the Best Managed Companies Award 2022, which is presented by Deloitte Private, Credit Suisse, Frankfurter Allgemeine Zeitung and the Federation of German Industries (BDI). The award was ceremoniously received by the Executive Board of Wuppermann AG last Thursday in Düsseldorf.
The Best Managed Companies Award is an internationally established competition and is regarded as a seal of quality for excellently managed medium-sized companies. It was launched in Canada in the 1990s and is now presented in more than 40 countries, including Germany since 2018.
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“We are very pleased to receive this award,” explains Johannes Nonn, CEO of Wuppermann AG. “The award underlines that Wuppermann is on the right track. For 150 years, our medium-sized family-owned company has pursued a strategy of long-term and consistent value creation. In recent years, we have evolved from a pure steel processor to an innovation leader in corrosion protection. We also see ourselves as leaders in our industry when it comes to sustainability. By 2025, the Wuppermann Group’s production process will be 100 percent CO2 neutral,” Nonn continued.
Dr. Arndt Laßmann, CFO of Wuppermann AG, added: “The award honors the entire workforce of the Wuppermann Group. Due to the pandemic, we all had to take new paths – also in our professional lives. Our employees have shown the greatest flexibility and outstanding commitment here, so that in 2021 we were even able to celebrate our most successful financial year in the 150-year history of our company.”
“As a winner of the Best Managed Companies Award, Wuppermann AG has demonstrated its outstanding corporate management. Wuppermann is thus not only a benchmark for German medium-sized companies, but at the same time stands for a strong as well as thoughtful economy in turbulent times,”
added Markus Seiz, Best Managed Companies Program Leader and Director at Deloitte Private.