Welcome to our press pages.

Our current press texts and corporate communications are provided for journalists and other interested parties. We have also made these available via download. Do you have a press inquiry, do you require additional information, are you looking for a contact person? Please contact us. We look forward to your call or email.

Welcome to our press pages.

Our current press texts and corporate communications are provided for journalists and other interested parties. We have also made these available via download. Do you have a press inquiry, do you require additional information, are you looking for a contact person? Please contact us. We look forward to your call or email.

Welcome to our press pages.

Our current press texts and corporate communications are provided for journalists and other interested parties. We have also made these available via download. Do you have a press inquiry, do you require additional information, are you looking for a contact person? Please contact us. We look forward to your call or email.

Press2023-03-07T10:04:26+01:00

Press

Formel D secures long-term financing to support its growth strategy

Formel D, a global service provider to the automotive and supplier industry, has named Dr. Thomas Klukas the new Chief Executive Officer of the Formel D Group, effective September 6, 2021. Dr. Jürgen Laakmann steps down as CEO, a decision taken jointly and in agreement with the advisory board, and will continue to work with the executive board and the company as a consultant.

2022-12-05T09:52:43+01:0005. December 2022|

Change in management at Formel D: Thomas Klukas takes over as CEO, Jürgen Laakmann to step into a consultant role

Formel D, a global service provider to the automotive and supplier industry, has named Dr. Thomas Klukas the new Chief Executive Officer of the Formel D Group, effective September 6, 2021. Dr. Jürgen Laakmann steps down as CEO, a decision taken jointly and in agreement with the advisory board, and will continue to work with the executive board and the company as a consultant.

2022-12-05T14:46:21+01:0003. September 2021|

Formel D headquarters is relocating to Carlswerk in Cologne

The Formel D Group has found an attractive new location for its headquarters, planning to move from Troisdorf-Spich to the Carlswerk Drahtlager in Cologne-Mülheim in October 2020. After serving as a production facility for cable and wire rope in the last century, Carlswerk has now been revitalized as a trendy rental location for business, culture, and gastronomy. Located just under 25 km (15 miles) from Formel D’s previous headquarters in Troisdorf, it is easy to reach from the airport or by car, ICE, and public transportation. It also provides free parking.

2022-12-05T16:10:31+01:0016. June 2020|

Dr. Thomas Klukas joins Formel D as COO

The Formel D Group expands its board: Effective June 1, 2020, Dr. Thomas Klukas has assumed the newly created position of Chief Operating Officer (COO) for the quality service provider in the automotive industry. With many years of international experience across a variety of managerial positions, the 55-year-old now heads the Group’s operational division. From this point on, Formel D’s executive management will consist of Dr. Jürgen Laakmann (CEO), Gian Mario Deligios (CFO), and Dr. Thomas Klukas (COO).

2022-12-05T15:10:09+01:0002. June 2020|

Gian Mario Deligios new CFO at Formel D

Gian Mario Deligios has been the new Chief Financial Officer (CFO) at Formel D since the beginning of 2020. The finance manager, who has many years of experience in leading positions in the automotive industry, succeeds Dr. Knut Michelberger, who acted as CFO on an interim basis from July 2019 to the end of the year and is now returning to the Group Advisory Board.

2022-12-05T16:08:30+01:0008. January 2020|

Formel D completes the acquisition of CPS Quality

The Formel D Group has successfully completed its acquisition of French quality service provider CPS Quality following approval from the competition authorities. CPS Quality will continue to operate under its existing name in France, Belgium, and Morocco. In Romania, Hungary, and Turkey, CPS Quality will henceforth operate under the name Formel D. “By acquiring CPS Quality, we can offer our customers an increased global presence and faster response times, as well as greater flexibility, whilst keeping our high quality standards,” explains Dr. Jürgen Laakmann, CEO of the Formel D Group.

2022-12-05T16:02:31+01:0009. October 2019|

Formel D acquires Vdynamics GmbH

he Formel D Group has finalized its acquisition of Vdynamics GmbH, a Munich-based engineering service provider focused on physical and virtual testing of automotive software and ECUs (electronic control units). The acquisition will enable Formel D to reinforce its market position in product development, with a focus on testing and validation and offer a greater range of solutions to its customers. Following its integration, Vdynamics will continue to operate under its own name.

2022-12-05T15:58:48+01:0030. September 2019|

Formel D strengthens its market position by acquiring CPS Quality

Formel D, a global service provider for quality management and quality assurance to the automotive and component supply industry, has signed an agreement to acquire CPS Quality. The international quality service provider, headquartered in France, will be incorporated into the Formel D Group, but will continue to trade under its name. Financial details of the transaction have not been disclosed. Completion of the transaction is subject to customary antitrust approval.

2022-12-05T16:03:48+01:0011. July 2019|

Formel D team now over 10,000 strong

In its 25-year anniversary, Formel D has exceeded the 10,000 employees mark. “Anniversary colleague” Sandra Lopez Moya was surprised with a cake in her first week of work in Stratford upon Avon (UK) together with her new colleagues, arranged by José Luis Estévez (Vice President Western Europe at Formel D) and Neil Davies (Director Operations at Formel D in UK).

2022-12-05T16:07:13+01:0008. November 2018|

Bonjour, Formel D!

As of immediately, Formel D offers its extensive product portfolio from a local site of its own in France. The Group has opened its first French site. This makes France the twentieth country in which Formel D is represented with a national subsidiary of its own. “Our commitment in France is an important part of our global growth strategy,” says Dr. Jürgen Laakmann, CEO at Formel D. “We want to support our customers worldwide and are glad that we can now realize this in another important automobile nation.”

2022-12-05T14:44:02+01:0002. July 2018|

Formel D wins “Best Reputation” in Focus Money Study

First place for Formel D: Renowned business magazine Focus Money has honored the globally active service provider as the best service provider in the category of automotive suppliers. The Deutschland Test institute analyzed data from Germany's 5,000 largest companies from over 140 industries for the annual study on the best reputation among customers and consumers based on the areas of management, sustainability, product, service, employer performance and efficiency.

2022-12-05T16:08:16+01:0014. May 2018|

Sami Sagur joins Formel D as the new CFO

Sami Sagur took over the position as CFO at Formel D on April 1, 2018. The experienced finance manager succeeded Dr. Knut Michelberger, who took on the position on an interim basis in September 2017 and is now moving on to the Formel D advisory board.

2022-12-05T16:09:01+01:0003. April 2018|

Dinggui Gao assumes management of Formel D China

Dinggui Gao assumes management of Formel D China with immediate effect. The appointment of the internationally experienced business manager underlines the aim of the global service provider for the automotive and supply industry to further strengthen its presence in the Chinese market.

2022-12-05T15:07:25+01:0017. October 2017|

Formel D at the IAA Pkw 2017

Formel D will once again present itself as a global service provider in the automotive and supplier industry at this year's International Motor Show (IAA) in Frankfurt am Main, Germany, from 14 to 24 September. The service provider will be focusing on quality assurance and provide the general public as well as industry experts visiting Stand B04 in Hall 4.0 with insights into its comprehensive portfolio.

2022-12-05T16:02:22+01:0011. September 2017|

New owner for Formel D

Deutsche Beteiligungs AG (DBAG), Frankfurt, as well as DBAG Fund V, the private equity fund managed by DBAG, sold their shares in the Troisdorf-based Formel D GmbH on May 12th, 2017, to 3i Group plc (“3i”), who is now the new principal shareholder of the company. Formel D is a globally active service provider for the automotive industry, specializing in quality management and quality assurance. The contractual parties have agreed to keep the sale price confidential. Completion of the transaction is subject to the consent of the responsible competition authorities.

2022-12-05T16:08:47+01:0012. May 2017|

Formel D UK at the Automechanika in Birmingham

Birmingham, UK, will host Automechanika for the first time this year, emphasising the importance of the British market. This trade fair for the aftermarket segment provides the platform for the automotive industry to showcase its innovations throughout the automotive value chain. Across 21,000 square meters of space, hundreds of exhibitors present their products, services and solutions through which they support OEMs and component suppliers in the aftermarket.

2022-12-05T16:10:57+01:0025. May 2016|

A strong brand repositioned

Ahead of IAA 2015, the globally successful service partner to the automotive industry implements its strategic realignment by consistently restructuring its product range. As part of a comprehensive relaunch of its corporate identity, Formel D combines in-depth expertise and company values with structurally optimized services along the entire automotive value chain.

2022-12-05T14:37:18+01:0031. July 2015|

Formel D as an exhibitor at Auto Shanghai 2015

Auto Shanghai 2015 will be taking place from 22 to 29 April 2015 in the National Center for Exhibition and Convention in Shanghai. The leading fair of the automotive industry in Asia is oriented in particular towards OEMs and suppliers and an international trade audience. In total, more than a million visitors are expected.

2022-12-05T16:01:20+01:0026. March 2015|
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