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Associated Press
27-05-2025
- Business
- Associated Press
Vetter Once Again Named Best Managed Company
RAVENSBURG, Germany--(BUSINESS WIRE)--May 27, 2025-- Vetter, a globally operating Contract Development and Manufacturing Organization (CDMO), has been named Best Managed Company in its anniversary year for the sixth time in a row. For 75 years, the family-owned company has stood for quality, responsibility, and a strong commitment to improving the quality of life of patients worldwide. The award demonstrates how Vetter pursues its strategic goals in a focused and action-driven manner. The jury recognizes the company's long-term thinking as a key success factor. The Best Managed Companies Award is organized by Deloitte Private, UBS, the Frankfurter Allgemeine Zeitung, and the Bundesverband der Deutschen Industrie e.V. (Federation of German Industries). The trophy and certificate were presented to the CDMO at an awards ceremony on May 22 at the Gesellschaftshaus Palmengarten in Frankfurt, Germany. This press release features multimedia. View the full release here: Senator h.c. Udo J. Vetter, Chairman of the Advisory Board and member of the owner family (second from right) along with Vetter Managing Director Titus Ottinger (second from left), Holger Loesch, Deputy Director General of the Federation of German Industries (first from left) and moderator Susanne Schoene, at the presentation of the Best Managed Companies Award. Markus Seiz, Best Managed Companies Program Lead and Director at Deloitte Private says: 'Vetter is an example of how critical it is for actions to align with core values in order to achieve economic success as a globally active family business. In our opinion, the trusted pharmaceutical service provider is one of the pioneers of sustainable and innovative corporate management in the way it combines its strategic vision and responsible business practices.' To earn the Best Managed Companies Award, a company must convince the high-caliber jury across four key business areas known as 'value drivers,' including: strategy; productivity and innovation; culture and commitment; and governance and finance. After a personal coaching session, the participating companies answer an extensive and detailed questionnaire. In 2025, for the first time, the jury also evaluated criteria that are geared towards the specific values and unique profiles of family businesses. Vetter impressed in all four areas due to its consistency in driving forward and developing its projects and processes in line with its corporate values. Vetter Managing Director Titus Ottinger emphasizes: 'Participating in the Best Managed Companies Award enables us to receive valuable feedback through a stringent external selection process. This feedback is very important for us, as it comes from experienced professionals in a wide range of fields, whose perspectives allow us to further grow. This year, we were able to show even more explicitly how deeply we have anchored the values of our family business in our day-to-day operations. This new facet of the program makes the award even more valuable to us.' With 11% sales growth reaching 1.1 billion euros in 2024, Vetter demonstrates how its consistent focus on all four value drivers results in meaningful business outcomes. The results for 2024 are also positive in other areas. For example, the CDMO continued its growth in employment, now with 7,000 global employees. With investments of 269 million euros in the expansion and modernization of its sites in Germany, Austria, and the U.S., Vetter continues to invest in its dynamic and organic growth in the production of complex injectable drugs. In a politically and economically challenging environment, the CDMO is proving to be a secure employer and reliable partner for pharma and biotech companies worldwide. The strategic focus of the company's development in 2024 was once again on the reliability and high-quality of the services offered, sustainable growth, and advancing digital transformation in all facets of the company. Numerous projects for the digitization of production processes and in the areas of AI, human-machine interaction, cloud and cyber security are currently underway or have already been completed. With a comprehensive innovation management process characterized by interactive formats, Vetter's employees prioritize identifying trends and technologies early on. For many years, the CDMO has placed a strategic focus on sustainability in the areas of ecology, economy, and social issues. The family-owned company published its fourth comprehensive sustainability report earlier this year. The Vetter press kit and additional information are available in the digital press area. About Vetter Vetter is a leading Contract Development and Manufacturing Organization (CDMO) with headquarters in Ravensburg, Germany, and production facilities in Germany, Austria, and the US. As a global player, the independent pharmaceutical service provider is also present in the Asia-Pacific markets of Japan, China, South Korea and Singapore with sales locations. Around the world, small and large renowned pharma and biotech companies rely on the decades of experience, high quality, modern technologies, reliability, and commitment of its more than 7,000 employees. In close partnership with its customers, the Vetter team supplies patients all over the world with medicines, many of which are vital. The CDMO provides support from drug product development through clinical and commercial filling to a wide range of assembly and packaging services for vials, syringes, and cartridges. With innovative solutions, Vetter develops prefilled drug-delivery systems together with its customers to continuously improve patient safety, comfort, and compliance. The company is an industry pioneer in sustainability and a socially and ethically responsible corporate citizen. The CDMO is a member of the UN Global Compact and Science Based Target initiative (SBTi) and received gold status in the renowned EcoVadis ranking. Multiple awards such as the CDMO Leadership Awards, Frost & Sullivan Customer Value Leadership Award and the recognition as Best Managed Company emphasize Vetter's commitment to sustainable business. Founded in Ravensburg in 1950, the company remains family-owned to this day. For more information, visit and follow Vetter on LinkedIn. View source version on CONTACT: Vetter Pharma International GmbH Markus Kirchner Corporate Spokesperson / Media Relations Eywiesenstrasse 5 88212 Ravensburg, Germany Phone: +49 (0)751-3700-3729 E-mail:[email protected] KEYWORD: GERMANY EUROPE UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BIOTECHNOLOGY MANUFACTURING HEALTH PHARMACEUTICAL PACKAGING SOURCE: Vetter Pharma International GmbH Copyright Business Wire 2025. PUB: 05/27/2025 08:24 AM/DISC: 05/27/2025 08:22 AM
Business Wire
27-05-2025
- Business
- Business Wire
Vetter Once Again Named Best Managed Company
RAVENSBURG, Germany--(BUSINESS WIRE)--Vetter, a globally operating Contract Development and Manufacturing Organization (CDMO), has been named Best Managed Company in its anniversary year for the sixth time in a row. For 75 years, the family-owned company has stood for quality, responsibility, and a strong commitment to improving the quality of life of patients worldwide. The award demonstrates how Vetter pursues its strategic goals in a focused and action-driven manner. The jury recognizes the company's long-term thinking as a key success factor. The Best Managed Companies Award is organized by Deloitte Private, UBS, the Frankfurter Allgemeine Zeitung, and the Bundesverband der Deutschen Industrie e.V. (Federation of German Industries). The trophy and certificate were presented to the CDMO at an awards ceremony on May 22 at the Gesellschaftshaus Palmengarten in Frankfurt, Germany. Markus Seiz, Best Managed Companies Program Lead and Director at Deloitte Private says: 'Vetter is an example of how critical it is for actions to align with core values in order to achieve economic success as a globally active family business. In our opinion, the trusted pharmaceutical service provider is one of the pioneers of sustainable and innovative corporate management in the way it combines its strategic vision and responsible business practices.' To earn the Best Managed Companies Award, a company must convince the high-caliber jury across four key business areas known as 'value drivers,' including: strategy; productivity and innovation; culture and commitment; and governance and finance. After a personal coaching session, the participating companies answer an extensive and detailed questionnaire. In 2025, for the first time, the jury also evaluated criteria that are geared towards the specific values and unique profiles of family businesses. Vetter impressed in all four areas due to its consistency in driving forward and developing its projects and processes in line with its corporate values. Vetter Managing Director Titus Ottinger emphasizes: 'Participating in the Best Managed Companies Award enables us to receive valuable feedback through a stringent external selection process. This feedback is very important for us, as it comes from experienced professionals in a wide range of fields, whose perspectives allow us to further grow. This year, we were able to show even more explicitly how deeply we have anchored the values of our family business in our day-to-day operations. This new facet of the program makes the award even more valuable to us.' With 11% sales growth reaching 1.1 billion euros in 2024, Vetter demonstrates how its consistent focus on all four value drivers results in meaningful business outcomes. The results for 2024 are also positive in other areas. For example, the CDMO continued its growth in employment, now with 7,000 global employees. With investments of 269 million euros in the expansion and modernization of its sites in Germany, Austria, and the U.S., Vetter continues to invest in its dynamic and organic growth in the production of complex injectable drugs. In a politically and economically challenging environment, the CDMO is proving to be a secure employer and reliable partner for pharma and biotech companies worldwide. The strategic focus of the company's development in 2024 was once again on the reliability and high-quality of the services offered, sustainable growth, and advancing digital transformation in all facets of the company. Numerous projects for the digitization of production processes and in the areas of AI, human-machine interaction, cloud and cyber security are currently underway or have already been completed. With a comprehensive innovation management process characterized by interactive formats, Vetter's employees prioritize identifying trends and technologies early on. For many years, the CDMO has placed a strategic focus on sustainability in the areas of ecology, economy, and social issues. The family-owned company published its fourth comprehensive sustainability report earlier this year. The Vetter press kit and additional information are available in the digital press area. About Vetter Vetter is a leading Contract Development and Manufacturing Organization (CDMO) with headquarters in Ravensburg, Germany, and production facilities in Germany, Austria, and the US. As a global player, the independent pharmaceutical service provider is also present in the Asia-Pacific markets of Japan, China, South Korea and Singapore with sales locations. Around the world, small and large renowned pharma and biotech companies rely on the decades of experience, high quality, modern technologies, reliability, and commitment of its more than 7,000 employees. In close partnership with its customers, the Vetter team supplies patients all over the world with medicines, many of which are vital. The CDMO provides support from drug product development through clinical and commercial filling to a wide range of assembly and packaging services for vials, syringes, and cartridges. With innovative solutions, Vetter develops prefilled drug-delivery systems together with its customers to continuously improve patient safety, comfort, and compliance. The company is an industry pioneer in sustainability and a socially and ethically responsible corporate citizen. The CDMO is a member of the UN Global Compact and Science Based Target initiative (SBTi) and received gold status in the renowned EcoVadis ranking. Multiple awards such as the CDMO Leadership Awards, Frost & Sullivan Customer Value Leadership Award and the recognition as Best Managed Company emphasize Vetter's commitment to sustainable business. Founded in Ravensburg in 1950, the company remains family-owned to this day. For more information, visit and follow Vetter on LinkedIn.
Yahoo
21-05-2025
- Business
- Yahoo
Southwire Recognized as a US Best Managed Company for the Sixth Year in a Row
CARROLLTON, Ga., May 21, 2025 /PRNewswire/ -- Southwire is proud to announce it has been selected as a 2025 US Best Managed Company for the sixth year in a row. Sponsored by Deloitte Private* and The Wall Street Journal, the program recognizes outstanding U.S. private companies. The 2025 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people, as well as maintaining financial performance and governance. Designees drove their businesses forward while remaining dedicated to their people and focusing on their customers. Advanced technology including AI took a center role for most of these companies, to create efficiencies and enhance the quality of products and experiences. "2025 marks a milestone for Southwire – our 75th anniversary. As we continue our focus to be an extraordinary place to work, this recognition is a testament to those efforts," said Rich Stinson, Southwire's president and CEO. "Earning this distinction for the sixth year in a row is a reflection of our exceptional team members whose commitment and effort drive our success. It's a great time to be in the electrical industry, and it's an even better time to be at Southwire. Our goal is to remain generationally sustainable for the next 100 years and beyond, and I'm proud that we are taking meaningful steps to ensure we continue meeting the needs of our customers and communities." Applicants are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and governance/financial performance. They join a global ecosystem of honorees from more than 44 countries recognized by the Best Managed Companies program. "Southwire is honored to be recognized with this award," said Guyton Cochran, Southwire's executive vice president and CFO. "This kind of recognition is the result of a collective effort. It's something the entire organization can take pride in, and we're deeply grateful for the dedication and hard work our team members bring every day to help make accomplishments like this possible." For more Southwire news, visit About the Best Managed Companies ProgramThe Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit About Southwire Southwire Company, LLC is North America's leading wire and cable company. The $8.4B organization is made up of more than 9,000 team members across the globe who unite as ONE Southwire each and every day to serve each other, their customers and their communities. Southwire and its subsidiaries provide solutions including building wire and cable, metal-clad cable, utility products, portable and electronic cord products and OEM wire products. In addition, Southwire offers electrical products, engineered solutions and a variety of field support services. For more on Southwire, its products and solutions, its community involvement and its vision of sustainability, visit © 2025 Southwire Company, LLC. All Rights Reserved. Contact: Ashley Bush Director, Communications Phone: (678) 684-7634 View original content to download multimedia: SOURCE Southwire Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Southwire Recognized as a US Best Managed Company for the Sixth Year in a Row
CARROLLTON, Ga., May 21, 2025 /PRNewswire/ -- Southwire is proud to announce it has been selected as a 2025 US Best Managed Company for the sixth year in a row. Sponsored by Deloitte Private* and The Wall Street Journal, the program recognizes outstanding U.S. private companies. The 2025 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people, as well as maintaining financial performance and governance. Designees drove their businesses forward while remaining dedicated to their people and focusing on their customers. Advanced technology including AI took a center role for most of these companies, to create efficiencies and enhance the quality of products and experiences. "2025 marks a milestone for Southwire – our 75th anniversary. As we continue our focus to be an extraordinary place to work, this recognition is a testament to those efforts," said Rich Stinson, Southwire's president and CEO. "Earning this distinction for the sixth year in a row is a reflection of our exceptional team members whose commitment and effort drive our success. It's a great time to be in the electrical industry, and it's an even better time to be at Southwire. Our goal is to remain generationally sustainable for the next 100 years and beyond, and I'm proud that we are taking meaningful steps to ensure we continue meeting the needs of our customers and communities." Applicants are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and governance/financial performance. They join a global ecosystem of honorees from more than 44 countries recognized by the Best Managed Companies program. "Southwire is honored to be recognized with this award," said Guyton Cochran, Southwire's executive vice president and CFO. "This kind of recognition is the result of a collective effort. It's something the entire organization can take pride in, and we're deeply grateful for the dedication and hard work our team members bring every day to help make accomplishments like this possible." For more Southwire news, visit About the Best Managed Companies ProgramThe Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit About Southwire Southwire Company, LLC is North America's leading wire and cable company. The $8.4B organization is made up of more than 9,000 team members across the globe who unite as ONE Southwire each and every day to serve each other, their customers and their communities. Southwire and its subsidiaries provide solutions including building wire and cable, metal-clad cable, utility products, portable and electronic cord products and OEM wire products. In addition, Southwire offers electrical products, engineered solutions and a variety of field support services. For more on Southwire, its products and solutions, its community involvement and its vision of sustainability, visit © 2025 Southwire Company, LLC. All Rights Reserved. Contact: Ashley Bush Director, Communications Phone: (678) 684-7634 View original content to download multimedia: SOURCE Southwire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
symplr Earns U.S. Best Managed Company Designation for Second Consecutive Year
Award highlights symplr's culture, operational excellence & innovation with symplr Operations Platform HOUSTON, May 14, 2025 /PRNewswire/ -- symplr®, a leading provider of enterprise healthcare operations software, announced today it has been named a U.S. Best Managed Company for the second year in a row. Sponsored by Deloitte and The Wall Street Journal, the program recognizes outstanding U.S. private companies. symplr was recognized for demonstrating excellence in strategic planning and execution, a deep commitment to employees, and maintaining strong financial performance and governance. The company propelled business growth while prioritizing employees and delivering exceptional value to customers. By leveraging advanced technology, including AI, symplr achieved significant efficiencies and enhanced the quality of its products and customer experiences. "2025 has already been a pivotal year for symplr as we focus on solving some of healthcare's most complex operational challenges through the newly launched symplr Operations Platform," said Hugo Doetsch, Chief Financial Officer at symplr. "It's an honor to be part of an elite group named a U.S. Best Managed Company as a testament to the dedication of our team and the meaningful impact we're making to transform the industry." Applicants are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture, and governance/financial performance. They join a global ecosystem of honorees from more than 44 countries recognized by the Best Managed Companies program. Hear from symplr's CEO, BJ Schaknowski, on what this recognition means for the company, its employees, and the future of healthcare operations at About symplr symplr is a leader in enterprise healthcare operations software and services with a first-of-its-kind operations platform. Trusted in 9 of 10 U.S. hospitals and 400+ U.S. health plans, symplr optimizes operations and maximizes care powered by our cloud-based workforce, quality, provider data management, and spend solutions. Gain efficiency, reduce complexity, and improve outcomes where it matters most. Learn how to stay ahead of change at About the Best Managed Companies ProgramThe Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit View original content to download multimedia: SOURCE symplr
