The Fair Friend Group (FFG) has initiated a comprehensive strategic realignment to address the current global challenges in the industry and strengthen its competitive position. As part of this transformation, FFG has appointed Dr Sebastian Schöning as its new CEO.
Schöning, who holds a PhD in mechanical engineering, brings over 20 years of professional and management experience. Since 2021, he has served as the group’s COO and as CEO of MAG IAS GmbH. In his new role, Schöning will spearhead global strategy development and lead the group’s operations.
As a global turnkey supplier, Fair Friend Group (FFG) delivers machine tools and machining centres for the manufacturing of internal combustion engines, electric motors, crankcases, axles and wheels. A key element of the realignment is the increased leveraging of synergies among Fair Friend Group’s globally operating companies. This enables FFG to provide customers with even more integrated and custom solutions.
Additionally, FFG plans to expand its range of standard machines and develop new technologies in emerging industries such as humanoid robotics and energy. By integrating AI, smart manufacturing, energy efficiency and decarbonisation, FFG aims to ensure future-oriented and environmentally friendly production. Customers will benefit from a wide range of highly specialist machines and production systems, allowing manufacturing companies to respond flexibly to both regional and global market demands.
“Our clear vision, strong management team and relentless drive to help customers succeed are the keys to future growth,” says Schöning. “With the measures we are now implementing, we’re ideally positioned to expand FFG’s market presence in the global machine tool industry.”
More information www.ffg-ea.com/en