History
The firm was initially established in May 1996 by Ralf Hofmann and Lutz Mieschke. The idea was to provide consulting services combining both business process optimization as well as IT services, with SAP software being the primary concentration of the IT services offering. In January 1999, Porsche AG began its equity investment at 49% and MHP became their primary IT service partner. At this point the company is known as "MHP - A Porsche Services Company". In March 2002, Porsche increased its stake to 51% and MHP became a subsidiary of Porsche AG. In June 2003, Porsche further increased its investment to 74.8% and once again in 2011 to 81.8% and in 2023 to 100%. CEO Dr.-Ing Hofmann sold the remaining 18.2% ownership stake to Porsche in 2023.Services
The primary focus of consulting services is on the automotive industry (OEM's, suppliers, dealers and importers). Industry award-winning strategic innovations have been applied to clients in other industries. At the international level MHP advises its clients both strategically and operationally.Locations
Clients are supported by more than 4000 employees at 19 offices in: Germany * Ludwigsburg (Headquarters, 2 locations) **Film- und Medienzentrum **Schlossgut Harteneck * Stuttgart * Walldorf * Munich * Nuremberg * Düsseldorf * Essen * Wolfsburg * Berlin * Frankfurt am Main United StatesCorporate social responsibility
For over a decade, MHP has sustainably supported social projects and facilities through its internal program MHPCares. Projects are in areas that have a direct relation to the employees or their families. Employees are encouraged to participate in several of these on a volunteer basis. Some examples include: * Children's Cardiac Centre – “Olgäle Foundation” Stuttgart * Ludwigsburger Schlossfestspiele * MHP University Prize – a scholarship for Business Informatics students atSponsorships
In September 2012 MHP secured the 10-year naming rights for the Arena Ludwigsburg – now known as MHPArena. As of the 2013–14 season MHP is also the naming rights sponsor of the Basketball Bundesliga team MHP Riesen Ludwigsburg. On 1 July 2023, the football stadium ofReferences
{{Authority control 1996 establishments in Germany