In 1950, Hermann Schnabel acquired the Company from Karl Otto Helm, focused on chemicals trading and thus initiated the successful business development. He ran the Company until 1984 and then passed it on to his son, Dieter Schnabel, who ran and successfully developed the Company for 28 years. In 2012 Dieter Schnabel changed positions from CEO to Chairman of the Supervisory Board. Today, Stephan Schnabel is a third-generation Chairman of the Executive Board. Dieter Schnabel holds 60% of the shares in HELM AG and Stephan Schnabel holds 40%.
Since 1950 the Company still remains unchanged in family holding
Continuity and sustainability in its decisions are typical advantages of a family-owned enterprise since it can successfully side-step what frequently are short-term objectives and interests of public limited companies. Hectic "actionism" driven by quarterly figures certainly is not typical for HELM AG.
HELM thinks and acts in generations and not in quarters.
A strict reinvestment policy ensures that the earnings generated remain in the Company. This reinforces the level of reserves, provides the Group with a high equity ratio and thus secures its independence. This means that its sovereignty in terms of decision-making is preserved, and the Company can develop sustainably on its own without having to rely on others. In the past decades, the HELM AG has delivered compelling evidence that this is the correct approach to follow.