Holders transfer ownership of Vector Informatik GmbH to two foundations
The four owners of the Stuttgart-based company Vector Informatik GmbH have transferred their business shares to a family foundation and a non-profit foundation. Taking this step safeguards the long-term independence of Vector and ensures that in future the automotive electronics specialist can continue to freely orient its business decisions towards meeting the needs of customers and markets.
In August 2011, the two foundations were admitted (acknowledged) by the regional administrative authority of Stuttgart ('Regierungspräsidium Stuttgart'). Employees at Vector's headquarters in Stuttgart were informed of the ownership transfer at a brief celebratory meeting where the growing company also welcomed its 1,000th employee.