Well-positioned for the global future

In response to the challenges of the international mechanical engineering industry, gearbox specialist Neugart, headquartered in Kippenheim, Baden-Wurttemberg, Germany, is adjusting its management structure. For the first time in the company’s almost one-hundred-year history, Swen Herrmann and Holger Obergföll are the company’s two Chief Executive Officers who are not members of the owner families.

The management reorganisation at Neugart GmbH has been in place since the beginning of 2024. The new CEOs are already part of the company: Swen Herrmann (44) has been with Neugart since 2013 in various positions, most recently as COO of Business Development. Holger Obergföll (50) joined the company in 2019 as COO of Supply Chain Management.

“We continue to build on the successful developments to date,” the two new CEOs agree. “We will not remain static and will align the organization so that we can continue to supply our customers and markets worldwide with the right products at the right time and with high quality.”

Under the new management, Neugart GmbH has also restructured the first management level: A nine-member ‘Leadership Team’ will be responsible for the operational business under the direction of the management in the future. Neugart remains unchanged with all business units being owned by the founding Neugart and Herr families.

Focus on digitalisation and internationalisation

As part of the structural adjustment, the previous managing partners, Bernd Neugart and Matthias Herr, will continue their main function as owners and managing partners of Neugart Holding. The role of Neugart Holding will thus be strengthened: It already formed the strategic framework for the Neugart Group. In addition to the three production facilities in Germany, the USA, and China, there are five sales subsidiaries in Brazil, Italy, France, Switzerland, and Turkey.

Neugart Holding will now increasingly create conditions on an international level to ensure that the companies of the Neugart Group can continue to assert themselves successfully in the global markets in the face of digitalisation and internationalisation.

Home location in Kippenheim is strengthened

Founded in 1928, Neugart is now a globally sought-after manufacturer of high-quality planetary and custom-made gearboxes. The Neugart Group companies have around 850 employees, 730 of whom work at the headquarters in Kippenheim, Germany. Turnover at the home base in Kippenheim amounted to around 112 million EUR in 2022. The home location in Kippenheim is continuously being expanded. The new factory three is currently being built opposite the existing production halls and should be ready for occupancy in the 4th quarter of 2024.