Where would the German economy be without medium-sized businesses? Half as successful, half as diverse and far less international, according to the Munich Strategy Group (MSG), which, together with the daily newspaper "Die Welt", has chosen the "TOP 100 rising stars for growth and profit" from the German medium-sized business sector for the seventh time running. To determine the rankings, structural data was assessed from around 3,500 of these businesses from all sectors and federal states. The Masterflex Group has made it among the elite of the German medium-sized business sector for a second time.
"We are of course very happy about this assessment. It confirms our leading market position," says Dr Andreas Bastin, CEO of Masterflex SE. "Premium products, a continuous flow of technical innovations and, increasingly, intelligent solutions are essential to stay ahead. We are working to continue to provide our customers with the best connectivity solutions."
The Group based in Gelsenkirchen develops and manufactures high-tech hoses and connection systems for numerous applications across various industries. The components, made from high-performance plastics, are designed and manufactured for the most demanding connection situations. These involve, for example, transporting highly abrasive loose solids, corrosive gases or very hot exhaust air. The aerospace sector, on the other hand, requires very lightweight yet highly rigid and flame-retardant connection parts, while medical applications depend on 100% sterile and precisely fitting connections in the smallest of sizes.