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PLATH Corporation continues to strengthen its management team

Hamburg, 2 March 2026 – PLATH Corporation continues to strengthen its management team: Michael Engelen took over as CEO of PLATH Corporation GmbH on 1 March 2026. In this role, he will be responsible for finance at the holding company of the medium-sized group and will thus complement the existing management team consisting of Maya von Holdt and Nico Scharfe.

Michael Engelen holds a degree in business administration and has more than two decades of experience in leading finance and management positions at international industrial and service companies. Most recently, he served as Managing Director and Group CFO of Secop Group Holding GmbH, where he played a key role in increasing profitability and successfully refinancing the company on the capital market.

Previously, Michael Engelen held executive and CFO positions at Westag AG, Global Castings A/S, CEVA Logistics GmbH and Xella Nederland BV, among others. In addition to classic finance and corporate management, his expertise includes transformation and restructuring projects, international cash and working capital management, and capital market financing.

By joining PLATH, Michael Engelen will drive forward the further professionalisation and scaling of financial structures and strengthen the financial basis for the sustainable growth of the PLATH Group. His focus will be on transparency, stability and the close integration of finance, strategy and operational business.

‘With Michael Engelen, we are gaining an extremely experienced leader with in-depth international CFO expertise. He will make a decisive contribution to future-proofing the PLATH Group and achieving our strategic growth targets,’ explains Maya von Holdt from the management board of PLATH Corporation.

Michael Engelen said of his new strategic role in finance: ‘PLATH stands for technological excellence and high strategic relevance in a challenging market environment. I look forward to further strengthening the Group’s financial management, consistently expanding transparency and efficiency, and working with my management colleagues to lay the foundation for sustainable, profitable growth.’

About PLATH Corporation

The PLATH group of companies has set itself the task of supporting government agencies in the security and defence sector with innovative technologies, thereby ensuring a decisive information advantage – for the prevention and avoidance of conflicts. In this way, we are doing our part to make the world a safer place.

Founded in 1954 in the heart of Hamburg as a small specialist in radio navigation in the Kompasshaus, we have developed into a strong group of companies over the last 70 years. With our diverse holdings and more than 350 installed systems in over 40 countries, the PLATH brand is now an important player in the field of data-based early crisis detection. Our other holdings are characterised by a clear focus and a high degree of individuality. At the same time, they draw strength from our strong network – a combination that enables innovative spirit and sustainable growth.