Schottel remains family owned since it was established by Josef Becker in 1921, with turnover of EUR 314m ($344m) in 2015 and 90% of output going for export.
Chief executive Dr Christian Strahberger says the stable ownership structure, backed by “high commitment” to the company and its markets, provides not only “independence from third-party financial interests” but also helps the managing team focus squarely on “long-term, future-orientated strategies”.
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