Monitchem Holdco 2 S.A., XS1074935492

Monitchem Holdco 2 S.A., XS1074935492

09.02.2018 - 08:25:58

Monitchem Holdco 2 S.A.: Change of leadership at CABB

Sulzbach am Taunus, February 9, 2018 - CABB Group's CEO Peter Vanacker is taking on the position of CEO at Neste Corporation based in Estoo, Finland, effective September 1, 2018. He will leave CABB before September once his tasks have successfully been transferred. Roberto Gualdoni, chairman of the advisory board, will take on Vanacker's role ad interim and be leading the search into a permanent successor.

Information and Explanation of the Issuer to this News:

Change of leadership at CABB

 

Sulzbach am Taunus, GERMANY, February 9, 2018 - CABB Group's CEO Peter Vanacker is taking on the position of CEO at Neste Coporation based in Estoo, Finland, effective September 1, 2018. He will leave CABB before September once his tasks have successfully been transferred. Roberto Gualdoni, chairman of the advisory board, will take on Vanacker's role ad interim and be leading the search into a permanent successor.

'We are grateful for the contributions Peter Vanacker has made over the past three years by further developing the company both structurally and strategically', comments Roberto Gualdoni. 'The foundation for continued profitable growth has been laid. We are going to build on it by continuing to implement our strategy in a consistent and focused manner. In the name of the advisory board, I wish Peter lots of success in his new role.'

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Press contact:

CABB GroupUlrich Gartner Gartner Communications phone.: +49 6102 799 2345 cell: +49 171 5657953ulrich.gartner@gartnercommunications.com

 

Press releases and downloads at http://cabb-chemicals.com/en/news.html

 

About CABB

The CABB Group, based in Sulzbach, Germany, is a globally active manufacturer of precursors, intermediates and active substances in the fine chemical industry. It specializes in custom-manufacturing highly complex molecules for leading companies, especially those in the agrochemical and pharmaceutical industries. It is also a global market leader for high-purity monochloroacetic acid and supplies the chemical industry with innovative derivatives. CABB operates five production sites, in Gersthofen and Knapsack (Germany), Pratteln (Switzerland), Kokkola (Finland) and Jining (China). In 2016, the Group had around 1,000 employees and a turnover of about EUR450m.www.cabb-chemicals.com

09-Feb-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Monitchem Holdco 2 S.A. 488, route de Longwy 1940 Luxemburg

Luxemburg Phone: +352 2686811 ISIN: XS1074935492, XS1074933794 WKN: A1ZKFN Listed: Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Hanover; Luxemburg   End of Announcement DGAP News Service

652959  09-Feb-2018 CET/CEST

@ dgap.de

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