Third generation to join Liebherr management

20 February 2012

Isolde and Willi Liebherr

Isolde and Willi Liebherr

Brother and sister Willi and Isolde Liebherr have assigned an undisclosed proportion of their shares in Liebherr International, the Liebherr group's parent company, to their children.

This will see Jan Liebherr, Stéfanie Wohlfarth, Sophie Albrecht and Patricia Rüf take over various duties and responsibilities in the company.

According to Liebherr, the company's future management structure will see individual group divisions jointly managed by either Isolde or Willi Liebherr, along with a family member from the next generation.

"The way is now clear for the future management of the Liebherr Group, and to ensure that Liebherr will remain an independent family-owned company," the company said in a statement.

Liebherr was established in 1949 by Isolde and Willi Liebherr's father, Hans Liebherr.

According to the Yellow Table, International Construction's ranking of the world's largest construction equipment manufacturers, Liebherr is the fifth largest company in the industry, and the largest privately-owned construction equipment manufacturer.

Latest News
WATCH: Gordie Howe Bridge project connects main span
The Gordie Howe Bridge main span was connected earlier this week
Leica Geosystems launches GKP100 Captivate Keypad for surveying
The GKP100 is compatible with all current and future tablets
Bechtel wins EPC contract for multi-billion-dollar LNG export terminal expansion
US-based contractor Bechtel has signed a deal with liquefied natural gas (LNG) exporter Sempra to build the second phase of the Port Arthur LNG export project in Texas