Bertrandt Group Company Profile
Background
Founded in 1974, Bertrandt Group has evolved from a one-man engineering office into a leading international development service provider. With a workforce of approximately 14,000 employees across more than 50 locations worldwide, Bertrandt specializes in delivering tailored solutions throughout the entire product development process. The company's mission is to accelerate technological progress and contribute significantly to a sustainable future. Bertrandt's expertise spans multiple industries, including automotive, aerospace, electronics, Smart Industry, medical technology, energy, and HR consulting.
Key Strategic Focus
Bertrandt's strategic focus centers on:
- Digitalization: Implementing advanced digital tools and processes to enhance product development efficiency.
- Autonomous Mobility: Developing technologies that support self-driving vehicles and related systems.
- Connectivity: Creating solutions that enable seamless communication between devices and systems.
- E-Mobility Systems: Innovating in electric vehicle technologies and infrastructure.
- Electronic and Virtual Testing Solutions: Utilizing cutting-edge testing methodologies to ensure product reliability and performance.
- Engineering Integration: Offering comprehensive engineering services that integrate various disciplines to deliver holistic solutions.
These core objectives are pursued across primary markets such as automotive, aerospace, electrical, Smart Industry, medical technology, and energy sectors.
Financials and Funding
As of the fiscal year ending September 2024, Bertrandt reported:
- Revenue: €1.187 billion
- Gross Profit: €1.1 billion
- EBITDA: €44.7 million
- Net Income: -€30.2 million
The company's market capitalization stands at approximately €504 million, with an enterprise value of €398 million. Bertrandt's financial strategy emphasizes sustainable growth and financial stability to support ongoing innovation and expansion initiatives.
Technological Platform and Innovation
Bertrandt distinguishes itself through several proprietary technologies and innovative methodologies:
- Digital Engineering: Comprehensive vehicle development services, including design, simulation, and coordination of interdisciplinary topics.
- Electrical Systems/Electronics: Management of software solutions, autonomous mobility, smart infotainment systems, alternative drive solutions, and virtual testing solutions.
- Physical Engineering: Activities related to testing and validation of physical components, systems, and vehicles.
These platforms enable Bertrandt to deliver cutting-edge solutions tailored to client needs.
Leadership Team
- Markus Ruf: Director of Finance/CFO since 1996, overseeing financial strategy and operations.
- Andreas Fink: Chief Technology Officer since April 2023, leading technological innovation and development.
- Matthias Bienert: Head of Sales & Marketing since February 2021, responsible for global sales strategies and market expansion.
- Michael Lücke: Head of Sales & Marketing since October 2012, focusing on client relations and business development.
Leadership Changes
In May 2025, Dietmar Bichler, Chairman of the Supervisory Board, announced his resignation effective June 30, 2025.
Competitor Profile
Market Insights and Dynamics
The engineering services industry is experiencing significant growth, driven by advancements in digitalization, autonomous technologies, and e-mobility. Bertrandt operates in a competitive landscape with several key players offering similar services.
Competitor Analysis
- EDAG Engineering Group: Specializes in engineering services for the automotive industry, focusing on vehicle development and production solutions.
- AKKA Technologies: Provides engineering and technology consulting services, with a strong presence in the automotive and aerospace sectors.
- Alten Group: Offers engineering and IT services across various industries, including automotive, aerospace, and energy.
Strategic Collaborations and Partnerships
Bertrandt has established significant partnerships to enhance its market position and innovation capacity:
- Airbus: Achieved "Preferred Supplier for Engineering Services" status in 2021, strengthening its presence in the aerospace sector.
- Philotech Group Acquisition: In 2022, Bertrandt acquired Philotech Group, expanding its competencies in software, electronics, and IT security.
- Centum Digital Acquisition: In 2024, Bertrandt acquired Centum Digital, enhancing its capabilities in communications and signal intelligence.
Operational Insights
Bertrandt's strategic considerations include:
- Market Position: Leveraging its extensive experience and comprehensive service offerings to maintain a competitive edge.
- Competitive Advantages: Emphasis on customer-centric solutions, cross-industry expertise, and a holistic understanding of systems and products.
- Differentiators: Commitment to innovation, sustainability, and the ability to deliver end-to-end solutions tailored to client needs.
Strategic Opportunities and Future Directions
Bertrandt's strategic roadmap focuses on:
- Expansion into Emerging Markets: Establishing a presence in regions with growing demand for engineering services.
- Investment in R&D: Enhancing capabilities in digitalization, autonomous systems, and e-mobility to meet evolving industry needs.
- Sustainability Initiatives: Committing to CO₂ neutrality across the entire supply chain by 2039, aligning with global environmental goals.
Contact Information
- Website: www.bertrandt.com
- LinkedIn: Bertrandt Group LinkedIn
- Twitter: Bertrandt Group Twitter