The German battery component manufacturer FRÖTEK-Kunststofftechnik has announced a generational change with the appointment of Sascha Brothuhn as CEO from June.
Sascha Brothuhn joined the company in 2004 and was appointed Head of Battery Components Sales in 2006 and Vice President of Sales in 2011.
Bernhard and Barbara Fröhlich founded Frötek in 1985 as a consultancy firm for plastics manufacturers. Since then, they have retired, Bernhard most recently in April.
They handed over a global company with four production sites in Germany and one each in Hungary, Ukraine, China and the USA. Turnover is around 80 million euros (87 million dollars) and the number of employees is 700. The company manufactures components for all types of industrial and starter batteries as well as automotive parts, busbars and cable harnesses for e-mobility applications and technical plastic parts.
The son of the company founders, Martin Fröhlich, was appointed 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 and labor shortages, to name but a few, are having an impact on the behavior of end customers, which is reflected in lower consumption and investment. However, the future is promising: FRÖTEK develops and produces parts for industrial batteries that are needed for energy storage.