Mabanaft GmbH & Co. KG, corporate

Mabanaft GmbH & Co. KG,

13.10.2017 - 11:36:59

New Structure and Management for Mabanaft's Trading Business

Marquard & Bahls is reorganizing its trading business, bringing the company's trading activities gradually closer together under the umbrella of Mabanaft GmbH & Co. KG. Led as "Global Books" from Hamburg and London, the aim is to harmonize the trading activities to the best extent, providing the basis for further international growth and ensuring a consistent approach of the Global Books world-wide. Christoph Schäfer will assume the position of "Global Book Leader Middle Distillates", as an extension of his current responsibilities. The Director Gas David Katzinski will become "Global Book Leader Gas" and develop Mabanaft's gas business from London. Further Global Books might be added once the products have reached critical mass.

Volker Ebeling, presently in a senior trading position with Mabanaft Deutschland, and Raphael Hüttmann, currently Managing Director of Mabanaft Ltd. in London, will be appointed Managing Directors of Mabanaft GmbH & Co. KG. This will ensure that the stronger integration of Mabanaft's global business activities will be driven by experienced leaders of well established trading entities.

Volker Ebeling brings with him decades of operational experience with several global trading houses. Raphael Hüttmann has been in various management positions with Marquard & Bahls and Mabanaft for more than 14 years already and has successfully recalibrated Mabanaft's business in the UK over the last five years. Both will continue with their current responsibilities until further notice.

The organization of Mabanaft's Retail and Bunkering activities will remain unchanged. The Managing Directors of the respective business units will continue to report to the Managing Directors/Management of Mabanaft GmbH & Co. KG.

The current Managing Director of Mabanaft GmbH & Co. KG, Adam Ritchie, will be leaving the company by mutual agreement. The company would like to thank Adam Ritchie for his commitment and wishes him all the best for the future.

Mabanaft GmbH & Co. KG is a subsidiary of Marquard & Bahls. Mabanaft's business encompasses the import and wholesale of petroleum products. Furthermore, the company is active in bunker services, service stations, heating-oil retail, lubricants and biofuels.

For more information on Mabanaft and Marquard & Bahls, please visit www.mabanaft.com and www.marquard-bahls.com

For media inquiries, please contact:

Thomas Kollner Head of Corporate Communication Marquard & Bahls AG Tel. +49 40 37004-0 communication@marquard-bahls.com   End of Media Release Issuer: Mabanaft GmbH & Co. KG Key word(s): Energy

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618811  13.10.2017 

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