Nabertherm GmbH, Bremen, Germany, has announced the appointment of Timm Grotheer as its new Managing Director. Grotheer, who previously served as Managing Director of shipbuilding group Lürssen, succeeds Friedrich-Wilhelm Wentrot, who has served as Managing Director of the company for eighteen years.
Under Wentrot’s direction, Nabertherm reported that it has seen global success, employing more than 500 staff and achieving a turnover of more than €60 million ($68 million). A key element in Wentrot’s strategy has been the consistent internationalisation of the business, which now has an export share of 70%, selling its furnaces and plants around the world.
As a shareholder and board member, Wentrot will continue to his involvement with Nabertherm for the foreseeable future. It is now expected that Grotheer will guide the company in continuing its worldwide growth and development.