Maschinenfabrik Reinhausen GmbH (MR) has been awarded the prestigious "Best Managed Companies Award 2024." The accolade was presented during a gala at the Gesellschaftshaus Palmengarten in Frankfurt, where high-ranking initiators from Deloitte, UBS, FAZ, and BDI honored family businesses and hidden champions that have achieved sustainable growth and a leading global market position over generations. This award serves as an incentive and role model for other companies to shape the future with strategic vision, innovative strength, and exceptional sustainable management practices.

Dr. Nicolas Maier-Scheubeck, CEO of MR, highlighted at the ceremony, "The history of MR began in 1868 in Reinhausen, today a district of Regensburg. The company has been majority family-owned since 1891, making it one of the oldest and largest family businesses in Germany. The word 'Reinhausen' has been part of the company name since 1901. These few dates illustrate what we mean by sustainability: creating business relationships that provide a viable basis for the generation after next - for the benefit of all those involved and while maintaining our independence. This is how MR became the world market leader in high-voltage technology. This can be felt throughout the company - through the competence and camaraderie of the workforce, the satisfaction and trust of customers, and the decades-long, partnership-based relationships with suppliers. We are delighted to receive the 'Best Managed Companies Award 2024,' as it honors precisely this overall package of long-term orientation and short-term dynamism that has characterized MR from the very beginning."

The "Best Managed Companies Award" is a competition and seal of quality for sustainably successful medium-sized companies. The vision is to build a national and global ecosystem of excellently managed medium-sized companies. A key unique aspect of the "Best Managed Companies Award" is its international nature: Launched by Deloitte in Canada in the 1990s, this competition has now been successfully introduced in more than 45 countries. In Germany, the competition was held for the sixth time in 2024.

Source: Maschinenfabrik Reinhausen GmbH