GEMÜ Honoured as “Global Market Leader” for the Fifth Time in a Row
GEMÜ honoured as "Global Market Leader" for the fifth time in a row. (Image source: GEMÜ Gebr. Müller Apparatebau GmbH & Co. KG)
WirtschaftsWoche has awarded the owner-managed valve specialist GEMÜ the WirtschaftsWoche quality seal "Global Market Leader – Champion 2021" for what is already the fifth time in a row. In doing so, WirtschaftsWoche has recognized GEMÜ's renewed inclusion in the global market leader index in the segment "Valves and automation components: Valves, Process and Control systems for sterile applications".
The global market leader index is created in accordance with objective criteria and transparent selection processes under the scientific direction of Professor Dr Christoph Müller from the University of St. Gallen, in cooperation with the Academy of German Global Market Leaders (ADWM). Using this framework, the business magazine WirtschaftsWoche annually lists the 500 global market leaders in their respective sectors in a special issue.
The researchers designate companies as "Global Market Leader Champions" if they are first or second in the relevant market segment, are represented on at least three continents with their own production and/or sales companies, have an annual turnover of at least €50 million, and can demonstrate an export share or foreign share of at least 50% of their turnover. Another important criterion for a company to obtain the accolade of "Global Market Leader Champion" is to be (owner-)managed with headquarters in the German-speaking region (Germany, Austria or Switzerland).
As a family-owned, owner-managed business headquartered in Ingelfingen-Criesbach (in the German state of Baden-Württemberg), with 27 subsidiaries as well as six manufacturing sites in Germany, Switzerland, China, Brazil, France and the USA, GEMÜ fully satisfies these requirements. In addition to these prerequisites, it was the cutting-edge technology and market leadership in the field of valves, process and control systems for sterile applications that served as a crucial factor for WirtschaftsWoche in awarding the accolade and WirtschaftsWoche quality seal of "Global Market Leader – Champion 2021" to GEMÜ.
"In this unique and challenging year, we are very proud of the accolade of global market leader. It shows us that focusing on our innovative strength and customized customer solutions at the same time as investing in digital future issues has been the correct path," says Gert Müller, Managing Partner of the GEMÜ Group.