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The VTT Group, founded in 1981 and operating internationally with its headquarters in Muttenz (Switzerland), announces its acquisition by Rueff Holding AG. Companies and locations in Muttenz, Lahr (Germany), and Gyomaendröd (Hungary) are affected. The change of ownership takes place as part of a succession solution, retroactively effective from July 1, 2023.
(Muttenz) Rueff Holding AG is also based in the Swiss Muttenz near Basel. Markus Rueff will be the new managing director of the VTT Group. To ensure a smooth transition phase, the previous owners Beat and Jürg Glauner will remain in new roles within the company. The employment relationships of all employees at the various locations will remain unchanged. The operation of the companies at the locations Muttenz (CH), Lahr (DE), and Gyomaendröd (HU) is secured in the long term.
“We are proud and happy to have found an ideal succession solution for the continuation of our life’s work as company founders with entrepreneur and private investor Markus Rueff. Continuity and the assumption of social responsibility for the team were just as important to us in this process as evaluating an experienced personality who also fits into the family environment of the VTT Group,” explain Jürg and Beat Glauner.
Markus Rueff: “We see the acquisition of the VTT Group as a stroke of luck. The VTT Group has enormous expertise with its long-standing employees. The goal is to consolidate and further expand the market position of the successful and well-positioned corporate group in the coming years. In addition to our focus on high quality in products and service delivery, we will certainly also examine the development of new market segments and geographical regions.”
About VTT Group
The VTT Group is a leading Swiss company in the fields of packaging, transport technology, and operational hygiene. The trading company with its own production facility for lifting and securing equipment operates internationally and has locations in Switzerland, Germany, and Hungary. Long-standing experience and specialized know-how make the VTT Group a leading expert in textile lifting and securing equipment, export packaging, cargo securing in overseas containers, and transport monitoring with data loggers.
Photo © VTT / Image caption (l. to r.): Beat Glauner, Markus Rueff, and Jürg Glauner seal the sale of the VTT Group
