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Jowat receives the Axia Best Managed Companies Award

Jowat wins Axia Brand Award

Award ceremony in the „House of Technology“ image source: Jowat SE

Detmold, May 15, 2020 – Detmold’s adhesive expert Jowat is one of this year’s winners of the Axia Best Managed Companies Award for excellently managed companies.

Find out more in the "Axiallent Magazin 2020" (German language)

The Board of Jowat SE received the coveted prize last Wednesday in the company’s own „House of Technology“ in Detmold. „We understand this award as recognition for Jowat’s innovative strength and our aspiration to always develop optimal and sustainable solutions for our customers“, said Ralf Nitschke, Board Member of Jowat SE.

The Axia Best Managed Companies Award (BMC) is an international seal of approval for successful companies from „Mittelstand“ awarded by the auditing and consulting firm Deloitte and the „WirtschaftsWoche“ in cooperation with the Federal Association of German Industry (BDI) in Germany. They shape the future with strategic foresight, innovative strength, a sustainable management culture, and good corporate governance.  „Above all, it is the international character that makes up the Axia Best Managed Companies program“, said program manager Markus Seiz from Deloitte. „The award gives the award winners access to a worldwide network of excellently managed companies from „Mittelstand“ from more than 20 countries.“

The winners of the Axia BMC Awards are determined in a multi-stage, complex process. In the first step, companies have to reply to an online questionnaire highlighting their position in the four core areas of the award: strategy, productivity & innovation, culture & commitment, governance & finance. Based on the application documents, evaluations and personal interviews, the experts‘ council of the Axia Best Managed Companies Award defines a shortlist. The winners will then be selected by a jury consisting of renowned representatives from business, science and the media. A jury consisting of renowned representatives from business, science and the media will then select the winners.

„As one of the award winners, Jowat impresses with its first-class corporate management – through its high level of innovation, a long-term strategy and strong governance structure. Jowat is not only the benchmark for excellently managed companies from German „Mittelstand“, but is also a symbol for the future of Germany as a business location“, emphasizes Lutz Meyer, responsible for the German „Mittelstand“ program and Partner at Deloitte.
 
For the adhesive manufacturer Jowat, which has been successfully operating on the market as a German „Mittelstand“ family business for more than 100 years, this award means a high esteem for its entrepreneurship and is at the same time motivation for the consistent expansion of its international role as a leading provider of innovative, tailor-made and sustainable adhesive solutions.