Wolfhausen, January 29, 2018 – As of February 1, 2018, FoamPartner will introduce a new management organization aimed at strengthening customer orientation and enhancing efficiency. The new organization reflects the merger between FoamPartner and Otto Bock Kunststoff following the acquisition of the company in 2017. The turnover has almost doubled as a result of the merger.
The following persons are members of the global Management Committee and report to FoamPartner CEO Michael Riedel:
The Business Region Heads are in charge of sales within the relevant Business Region, and have regional profit and loss responsibility.
The Management Committee is supported by the members of the management team, which includes, among others, the following Global Business Unit (GBU) Heads:
The GBU Heads are responsible for ensuring that accumulated expertise is put to good use on a global scale with regard to markets and applications, as well as for innovation and best practice.
The other members of the new management team are:
With a view to facilitating a successful merger process and the effective integration of the two companies, Jürgen Henze, CEO of Otto Bock Kunststoff, will support FoamPartner CEO Michael Riedel in an advisory capacity.
Michael Riedel, CEO of FoamPartner, comments: “We are building on the strengths and expertise of Otto Bock Kunststoff GmbH and FoamPartner, and will strive to realize the significant growth potential across all regions – in the Americas and Asia-Pacific in particular. Over the next 18 months, we will include all stakeholder groups in a change process. We remain focused on our customers and on offering them an increased range of services.”
For further information please contact:
Michael Stäheli, Head Investor Relations & Corporate Communications
Phone +41 44 468 24 84
Conzzeta is a broadly diversivied Swiss group of companies. It stands for innovation, market orientation and a long-term perspective. Conzzeta strives for leading positions in its global target markets, above-average growth and long-term value creation. More than 5000 employees at over 60 locations worldwide aim to be "best choice" for customers, offering innovative solutions in Sheet Metal Processing, Sporting Goods, Foam Materials, Graphic Coatings and Glass Processing. Conzzeta AG is listed on the SIX Swiss Exchange (SIX:CON).
Zurich, August 10, 2018 – With revenue of CHF 853.3 million (previous year: CHF 623.5 million), the Conzzeta Group achieved 36.8% growth in the first half of 2018. Adjusted for changes in the scope of consolidation and at constant exchange rates, revenue growth amounted to 19.7%. The operating result (EBIT) increased by 72.9% to CHF 66.3 million, corresponding to an EBIT margin of 7.6% (5.8%).keyboard_arrow_right
Zurich, August 2, 2018 – The Board of Directors of Conzzeta AG has nominated Michael König for the next Annual General Meeting on April 16, 2019 as a new member of the Board of Directors. He will replace Werner Dubach, who will step down from the board after 25 years.keyboard_arrow_right
Seon, June 28, 2018 - Mammut is going to unveil its brand-new Delta X collection in Berlin on July 3rd 2018, prior to its market launch in the summer season 2019. Based on more than 155 years of experience, the Swiss outdoor specialist Mammut is presenting a collection that combines functional performance and urban design.keyboard_arrow_right