Germany. Senator h.c. Peter Schaufler, CEO and owner of Bitzer, has passed away at the age of 74. Schaufler led Bitzer for 36 years and built the company into one of the world's most recognized independent refrigeration compressor manufacturers.
Schaufler took over Bitzer in 1979 and gave the company an international focus, becoming an innovative global player in the refrigeration and air conditioning sectors. Today, Bitzer has 3,400 employees in more than 90 countries.
In a press release announcing his death, Bitzer said: "The Peter Schaufler era was characterised by values such as hard work, ingenuity and quality, which are now firmly rooted in Bitzer's corporate culture. Its forward-looking, business policy and willingness to rise to challenges enabled it to conquer new markets, and successfully introduce compressor technologies to the market, such as screw compressors in 1983 and scroll compressors in 2002."
