The BMZ Group wins the Best Managed Companies Award 2024
The BMZ Group, a global specialist for lithium-ion and sodium-ion battery systems headquartered in Karlstein am Main, is a Best Managed Company 2024 – recognized and valued with a seal of approval for outstandingly managed companies. The award was created by Deloitte in Canada in the 1990s and is now established in more than 45 countries.
The BMZ Group, a global specialist for lithium-ion and sodium-ion battery systems headquartered in Karlstein am Main, is a Best Managed Company 2024 – recognized and valued with a seal of approval for outstandingly managed companies. The award was presented to BMZ Holding at a festive awards ceremony on the evening of May 23, 2024 in Frankfurt’s Palmengarten.
The Best Managed Companies award was created by Deloitte in Canada in the 1990s and is now established in more than 45 countries. In Germany, Deloitte Private, UBS, the Frankfurter Allgemeine Zeitung and the Federation of German Industries (BDI) present the award annually to outstandingly managed companies from the German SME sector. The BMZ Group, a manufacturer of innovative electricity storage solutions with around 2,500 employees and a global annual turnover of more than 600 million euros, was among this year’s award winners with its very first application.
The Best Managed Companies program is a competition and seal of quality for successful medium-sized companies and pursues the vision of building a national and global ecosystem of excellently managed medium-sized companies. All medium-sized companies with a minimum annual turnover of 150 million euros that are headquartered in Germany are eligible to participate.
Christine Wolter, Partner and Lead of Deloitte Private, comments on the award for BMZ: “BMZ Group is an outstanding example of a Best Managed Company that impresses with its powerful mix of vision, productivity, innovation and strong value-oriented leadership. In addition, the company has a remarkable ability to reconcile attractive work and economic growth. It is an example of how companies can make a big difference in their region.”
Evaluation in four core areas
The selection process for the Best Managed Companies Award is strict. Applicants undergo an intensive coaching process, which is characteristic of this competition. The excellence of the applicants is evaluated in four core areas: Strategy, Productivity & Innovation, Culture & Commitment and Governance & Finance. A medium-sized company that wants to become the Best Managed Company must demonstrate above-average performance in all four areas and also convince a high-caliber, independent jury with its detailed application. The BMZ Group succeeded in doing just that.
Sven Bauer, Founder and CEO of the BMZ Group, is delighted with the confirmation of the Best Managed Company 2024 award: “All of our employees can be proud of this award. As a specialist in intelligent storage solutions, we have developed into a leading global battery expert since our foundation in 1994. Our vision is to create a green world without dependence on nuclear power, coal, gas or oil. Our self-image is that of a ‘Green Energy System Provider’. We see it as our mission to promote electrification in all areas of life in order to reduce the global CO2 footprint. We therefore develop innovative products for climate protection through technological progress instead of restrictions. This innovation leadership is paying off today. Having been ahead of our time for a long time, our business is now in line with the growing global need for solutions to mitigate climate change. We are now a global player with deep expertise in booming markets.”
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