The international ORAFOL Group, a leading manufacturer of self-adhesive specialty films and high-performance films, was awarded with the Best Managed Companies Award 2023.

For the Best Managed Companies Award, Deloitte Private, Credit Suisse and the Frankfurter Allgemeine Zeitung work together with the Federation of German Industries (BDI) to honour outstandingly managed companies from the German SME sector. Currently, the internationally renowned award is already presented in over 35 countries, and since 2018 also in Germany. Best Managed Companies are characterised by their outstanding capabilities and resource development. They are extremely implementation-oriented, consistently focus on productivity and innovation and attach great importance to selecting and promoting the right employees to successfully implement their business model and strategy.

This is the second time ORAFOL has met the criteria for the Best Managed Companies Award. Catherine Loclair, Senior Vice President Corporate & Legal Affairs: "The basis for this is a corporate strategy based on performance, investment and growth. As a family business, ORAFOL relies on lean structures, clear and short decision-making processes as well as economic independence."

The specialist for self-adhesive materials has a strong international orientation but is building on its strong roots in Germany and is investing 160 million euros in new production areas and digitalisation at its headquarters in Oranienburg from 2022- 2024.  The traditionally very close cooperation with customers and partners enables continuous growth, even in challenging financial years. In 2022, ORAFOL achieved the highest turnover in the company's history.