The CDMO Vetter has been named a Best Managed Company for the seventh year in a row, with the family-owned business the only company in this year's competition to be newly awarded Platinum status.
Awarded by Deloitte Private, UBS, Frankfurter Allgemeine Zeitung and the Bundesverband der Deutschen Industrie e.V. (Federation of German Industries, BDI), the prize is reserved for companies with outstanding achievements in leadership and management.
Firms are assessed on four value drivers: strategy, productivity, culture & commitment and governance & finance.
In its statement, Vetter said it received the award this year primarily for "consistent further development of its corporate strategy and its operational processes in the context of a globally challenging environment."
The jury was particularly impressed by the successful completion of the current Vetter NExT 2029 strategic programme, as well as Vetter's clear focus on achieving ambitious climate protection targets and its ongoing development of integrated corporate reporting and risk management.
In addition, the jury highlighted the company's comprehensive commitment to attracting and developing skilled workers. Through innovative approaches such as the Integrative Entry Program, Vetter is able to tap into additional skilled worker potential and enable successful qualification, language training and integration.
The company-wide rollout of its digital platform, Vetter Learning, also deliberately focuses on lifelong learning, knowledge transfer and the continuous professional development of its employees.
The trophy and certificate were presented to Vetter at an awards ceremony on May 21 at the Gesellschaftshaus Palmengarten in Frankfurt, Germany.
"Being once again recognised as a Best Managed Company underscores the strength and resilience of our strategic corporate direction," said Senator H.C. Udo J. Vetter, Chairman of the Advisory Board and member of the owner family.
Our sustainable growth is the result of long-term thinking and investments in our service portfolio and the required infrastructure.
"In this way, we consistently pursue our goal of supplying patients worldwide with vital medicines – and improving their quality of life every day."
Vetter Managing Director Titus Ottinger added: "Another key area of investment for us is in the digitalisation of our value-added corporate processes."
The potential impact is significant. So is our core objective: to reduce the number of manual interfaces, create more seamless data flows and increase data integrity — without compromising on compliance.
"In this way, we are strengthening our position as a leader in quality and technology as well as our customers' long-term trust in us."
Markus Seiz, Head of the Best Managed Companies (BMC) Program in Germany at Deloitte Private, concluded: "We have been working with Vetter for many years now and we are impressed by the intensity and consistency with which the management and employees engage in strategic processes."
The pharmaceutical service provider is also an excellent example of how the application process itself can be used as a source of additional momentum for the company.