ACPS Automotive announces management changes: CEO and Chair Gerhard Böhm transitions to the Advisory Board; Caspar Baumhauer assumes operational responsibility for the business as CEO (FOTO)

Markgröningen (ots) -

- Cross-reference: Pictures http://www.presseportal.de/bilder -

The ACPS Automotive Group, acquired by TowerBrook Capital Partners
(TCP), has announced the further strengthening of the strategic and
operational management team that will steer the future growth of the
company. Gerhard Böhm (61), CEO and Managing Director from May to
November 2018, led the reorientation of ACPS Automotive Group, a
European leader for tow-bars in passenger cars. He will now
transition to the Advisory Board, where he will have responsibility
for the strategic direction of the Group. Caspar Baumhauer (56), is
appointed CEO and Managing Director and takes over the operational
management of the Group.

"We are very pleased that we were able to recruit Caspar Baumhauer
as CEO and Managing Director. He is a highly experienced
international manager who has proven his leadership skills many times
and is an acknowledged automotive expert. He leads a powerful
leadership team. Together with this team, Caspar Baumhauer will drive
ACPS Automotive forward and expand the company's strong position as
an innovation and technology leader," said Gerhard Böhm, Chair of the
Advisory Board.

Caspar Baumhauer has been working in the automotive industry for
over 25 years, serving most recently as Managing Director and
President of the Central Europe Division of Plastic Omnium Automotive
Exterior, where he was responsible in particular for the integration
of bumper activities taken over by Faurecia. In earlier positions,
Caspar Baumhauer was CEO of W.E.T. Automotive Systems AG, the global
market leader for seat heating and seat temperature control. He also
held senior positions at Faurecia and Sommer Allibert, where he was
responsible for business in the German market. He served most
recently as a board member for Modules & Systems at Faurecia. Caspar
Baumhauer obtained an MBA from INSEAD in Fontainebleau, France.

The company

ACPS Automotive is one of the leaders in the European market of
tow-bars for passenger vehicles. The company stands for technological
leadership and has ambitions to shape markets with its innovations.
More than 150 patents document the company's distinctive innovation
culture.

As a developer and manufacturer, ACPS Automotive sets standards
with the technology of its transport solutions from its headquarters
in Markgröningen and nine production sites worldwide. A wide range of
customers benefit from its products and services: international
automotive industry players specify ACPS equipment in new vehicles,
and companies in the aftermarket retrofit ACPS products.

ACPS Automotive has around 2,000 employees, was founded in 1955 in
Möglingen near Stuttgart, and is known under the brand name ORIS. By
developing numerous new products, the company has shaped the tow-bar
market and made it what it is today. In 1985 the company developed
the world's first detachable tow-bar that had many advantages over
previously exclusively fixed versions. In the early 2000s, the
company created a new standard with the first mechanical swivel
tow-bars. In 2010, a further innovation followed: the first fully
automatic swivel tow-bar, for maximum comfort and safety.

Contact:
ACPS Automotive GmbH
Dagmar Hinz
Manager Communication & Marketing
Steinbeis St. 6
71706 Markgröningen
Germany

Tel: +49 7145 9350-124
Fax: +49 7145 9350-180
Mobile: +49172 54 68 310
Email: dagmar.hinz@acps-automotive.com

Original-Content von: ACPS Automotive GmbH, übermittelt durch news aktuell