Processing systems specialist Baader has established a holding company, Baader Global SE, as a basis for establishing Baader as a European Group.
According to the company, this new organisational structure will enable the company to take major steps to ensure its long-term future success while holding on to its deep family company roots. The SE legal entity offers the company the ideal framework to further develop its corporate structure with various business units and subsidiaries in Germany and abroad for further growth.
Necessary legal requirements have been filed by the general meeting on 16th August, and confirmed by the commercial register Lübeck on 18th August. The ownership structure remaining the same, Baader will continue to be 100% privately owned by the Baader Family.
The holding company maintains its management structure with the two managing directors, Dr Norbert Engberg over its poultry business and digitalisation business units, while Robert Focke continues to head the fish business unit.
‘The Baader Global SE offers a suitable roof for the entire Group. It underscores that Baader is an international company and that we want to continue to grow,’ explained Baader CFO Torsten Krausen.
‘As a European Group, we will thrive from the professional standards we will submit to while maintaining our corporate culture responsible for our excellent reputation among our customers and workforce.’
Baader has over a century of experience in this sector and has more than 1400 employees worldwide. Over the past two years, Baader has continued to expand its international locations, opening sites in France and Poland, for example, and strengthening its presence in Iceland, China, and Mexico.