Industry News
12
M
arch
2014
EWM becomes a
limited company
THE shareholders of EWM Hightec
WeldingGmbH, Germany, have changed
the company’s legal structure to a limited
company (Aktiengesellschaft – AG) and
entered it into the commercial register.
The welding machine manufacturer will
operate under the name EWM AG.
The family-run company changed its
legal form in order to take account of the
company’s development over the past
few years, and to set the course for the
future and ensure continued dynamic
growth.
EWM AG is headed by Bernd
Szczesny, chairman of the supervisory
board; Michael Szczesny, president
of the executive board; and Susanne
Szczesny-Oßing, vice president of the
executive board.
The previous shareholders will be the
sole shareholders in the new limited
company. In this respect, EWM says
that the transformation into a limited
company will not alter the family-based
ownership structure in any way and
the character of the company will be
maintained.
An IPO is reported to be neither
desired nor planned. EWM confirms
that the new legal structure will not
affect its employees, existing contracts
or the subsidiaries that will continue to
be run as companies with limited liability
(Gesellschaft mit beschränkter Haftung
– GmbH).
EWM believes the limited company
structure is much more suited to its
future orientation and to driving forward
further growth, as this company form
is well established in Europe and
internationally.
It is also generally associated with
greater entrepreneurial flexibility and
more diverse opportunities for shaping
the future of the business. The company
believes that safeguarding the family
ownership of EWM in the long term is
the best way to achieve this.
EWM AG
– Germany
Fax: +49 2680 181 244
Email:
Website:
Bernd Szczesny, chairman of the
supervisory board of the new EWM AG
