Division of P3 Holding into two holding companies

Aachen/Germany, January 10, 2019 – P3 group GmbH is an independent and international management consultancy with more than 4,000 employees, which – in addition to consulting services – also offers test and engineering services as well as software development for numerous customers and industries.

After 23 years of successful business development, the shareholders of P3 Group GmbH have jointly decided to split the holding company. The company is reacting to increasing market requirements and taking a significantly more growth- and future-oriented position. The change will take effect on 10 January 2019.

The division will only take place at holding level and will have no impact on the operative business of the entities and the employees of P3, as the entities operate autonomously and largely independently of the current holding company.

In the course of the division, the entities as a whole will merely be affiliated to one of the two new holding companies. Customer relationships and the provision of operational services in current and future projects will remain unaffected. The entire range of services provided by P3 will also remain fully available to customers. Both sides have agreed on the cooperation of the entities. Both retain the P3 brand until further notice and are in direct contact with their customers. The quality of the services and customer satisfaction remain the highest priority for both holding companies.

One holding company will retain its headquarters in Aachen (HRB 6761) and will be managed by Marc Peter Althoff, Dr Christof Horn, Dr Lars Karsten, Dr Tim Moog, Prof. Dr Thomas Prefi and Dr Michael Tobias. The other holding company will be based in Stuttgart (HRB 765912) and will be managed by Robert Rendl and Dr Christoph Theis.

All shareholders are convinced that this step is the best approach for customers, employees and the entire company network.

Please do not hesitate to contact us if you have any questions. Your managing directors in Aachen and Stuttgart.