German battery component maker Frötek-Kunststofftechnik announced a generational change with the appointment of Sascha Brothuhn as CEO from June.
He joined the company in 2004 and became head of battery component sales in 2006 and VP of sales in 2011.
Bernhard and Barbara Fröhlich founded Frötek in 1985 as a consulting company for plastics manufacturers. They have since retired, most recently Bernhard in April.
They handed over a global company with four manufacturing sites in Germany, and one in each of Hungary, Ukraine, China and the US. Turnover is some €80 million ($87 million) with 700 employees. It makes components for all types of industrial and starter batteries, as well as automotive parts, bus bars and harnesses used in e-mobility applications and technical plastic parts.
The founders’ son, Martin Fröhlich, was promoted to president of the Frötek group in 2007.
Sascha Brothuhn said: “We currently see the market in a difficult situation. Uncertainties such as the war in Ukraine, rising interest rates, rising inflation, labour shortages, to name just a few, are affecting end-customer behaviour which ends in lower consumption and investments. However, the future is promising: Frötek develops and produces parts for industrial batteries which are needed to store energy.”
Photo: Sascha Brothuhn takes over as CEO