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Senator is a family business once again

20.12.2018 15:32 Uhr Industry
 | Senator CEO Daniel Jeschonowski.

Senator CEO Daniel Jeschonowski.

On 18 December 2018, the Senator Group was sold by the previous owner, Perusa Partners, to the Managing Director Daniel Jeschonowski. Senator is thus a family business once again. In the past two and a half years, Daniel Jeschonowski, together with the local management teams in Groß-Bieberau and the foreign subsidiaries, has succeeded in bringing the core business back on the path of growth and in restructuring Senator. Perusa Partners acquired the Senator Group from Merz Pharma GmbH & Co. KGaA in June 2016.

Senator can look back on a nearly one-hundred-year history. Today, it is one of the world's leading manufacturers of writing instruments as well as mugs and cups for promotional purposes. Senator manufactures all plastic ballpoint pens at its own production facility in Germany and distributes its articles exclusively through the qualified promotional product trade. The company currently employs almost 300 people worldwide at a total of five locations and generated sales of just under 40 million euros in the 2017 financial year. www.senator.com

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