Change in Management at BWF Group, Offingen
After 34 years Dr. Ing. Wolfgang Schmid will hand over his function (as planned and due to retirement reasons) as Managing Partner of BWF Group with effect from 1st January 2016 to Dr. Philipp von Waldenfels.
Wolfgang Schmid studied Industrial Engineering in Karlsruhe and received his doctorate at the Institute of Energy and Environmental Technology at the University of Essen.
Together with his colleague and brother-in-law Dipl. Oec. Stefan Offermann, who continues to work as Managing Partner, Wolfgang Schmid set up an international group with 9 manufacturing companies in China (2), USA, India, Italy (2), Turkey, Russia and South Africa. The company's headquarters are located in Offingen. Other production sites in Germany are located in Hof and Geretsried.
The group of companies, founded 120 years ago, generated a turnover of € 250 million in 2015. In 1981 turnover was only € 23 million. BWF Group has 1,400 employees worldwide, slightly more than 50% are located in Germany.
We are worldwide market leaders in all our four independet divisions: BWF Envirotec (filter media for industrial dedusting and filtration), BWF Protec (technical needle felts), BWF Feltec (under collar felts, design felts and acoustic panels) and BWF Profiles (extruded and thermoformed plastic parts).
When being asked about his formula of success, Wolfgang Schmid mentions the capacity of innovation, speed of realization, sustainability and restrained dividend policy. In the period from 1981 to 2015 BWF Group has invested over € 100 million in engineering systems and more than 40,000 m² in buildings at the headquarters in Offingen. Aforementioned investments have always been equity-financed and therefore without any bank credit.
Dr. Philipp von Waldenfels was born in Hof as well as Wolfgang Schmid. His family has been linked to BWF Group since its establishment. Philipp von Waldenfels, lawyer and doctorate in law, studied in Konstanz, Berlin and London. He started his career at BWF Group in 2010 and was CFO (Chief Financial Officer) for several years.
As of now, Philipp von Waldenfels joins the Managing Partner team of BWF Group, the 5th generation takes over responsibility and underlines the long-term orientation of the medium-sized and family-owned company.
BWF Group a middlesized group of companies, family owned in the fourth and fifth generation (click here to read more about the company history). Headquarter is in Offingen/Bavaria. We are leading manufacturer of textile filter media for industrial dedusting, plastic profiles, hightech needlefelts for industrial applications and woolfelts. Worldwide we are present with 12 ultra-modern production sites. 1,400 highly skilled employees guarantee product quality, marketability and the shortest routes to decision taking. Thus, we are in a worldwide leading position in all our four independent divisions:
Our four key success factors for expansion are listed in our vision statement:
- Recognised Authority
- Global Presence
BWF Group - We set standards!
Interior Innovation Award 2014 for the new product line colorPAD of BWF Feltec
Initial presentation of the new corporate film of BWF Profiles at the ligth + building fair 2014 in Frankfurt
Plastic profiles made by BWF Profiles dominate the exterior design of the stadium, home to Lille's OSC. In addition to football games, the stadium will be the venue for other sports events and concerts hosting between 25.000 and 50.000 people.