Modern Australian

Monitchem Holdco 2 S.A.: Thomas H. Ahrens will become new CEO of CABB Group

SULZBACH, GERMANY / PRATTELN, SWITZERLAND - EQS Newswire - 24 March 2023 - CABB Group today announced that Thomas H. Ahrens (61) will become the new CEO. He is currently CEO of the COMPO EXPERT Group, a leading global producer of specialty fertilisers for professional applications based in Münster (Germany).

Ahrens will join CABB on 1 June 2023 and succeed Valerie Diele-Braun after a transition period of a few months. She will take on a new professional challenge on 1 October.

"We are very pleased that with Thomas Ahrens, we have attracted an experienced leader who has an outstanding track record in driving sustainable growth and profitability. Building on his extensive industry expertise, he will further strengthen CABB's position as a premier contract development and manufacturing organisation and leading producer of proprietary ingredients for customers in the Life Science and Performance Materials industries. We are convinced that after a smooth transition from Valerie he will successfully lead CABB into the next chapter of its growth story", said Roberto Gualdoni, Chairman of the Advisory Board.

Ahrens has more than 20 years of industry experience at executive board level with a strong focus on driving global expansion strategies and delivering long-term profitable growth. Prior to his time at COMPO EXPERT where he took over as CEO in March 2016, he spent four years as Vice President Europe at ENTHONE, a global leader in chemical solutions for surface finishing in a variety of industries. Both companies have seen a strong performance improvement during Ahrens' tenure.

"CABB with its high-quality products and services is ideally positioned to excel in an exciting industry," said Ahrens. "I very much look forward to joining forces with my more than 1'000 colleagues around the globe, the whole management team, and the owner Permira. Together, we will continue to unlock CABB's full potential and drive our sustainable growth agenda."

The issuer is solely responsible for the content of this announcement.

About CABB

The CABB Group is a leading Crop Science contract development and manufacturing organization (CDMO), supplying customized active ingredients. CABB also offers high-complexity and high-purity chemical ingredients to customers in the Life Sciences and Performance Materials markets. The company operates six production sites in Pratteln (Switzerland), Kokkola (Finland), Galena (USA), Knapsack and Gersthofen (Germany), Jining (China). With around 1,200 employees, CABB recorded an annual turnover of about €755 million in the 2022 financial year.

Mass Management: Understanding Its Importance in Heavy Vehicle Operations

Mass management might sound like a technical term, but it really just means making sure your vehicle doesn’t weigh too much, and that the weight i...

Driveree App Expands into Food Delivery with Exciting Discounts and Growth Plans

Victoria, 15 Nov 2024 – Driveree, the innovative app transforming food delivery services in Geelong, Victoria, is now making waves across the coun...

Choosing Affordable Office Cleaning Services with Flexible Contracts

Maintaining a clean work environment is essential not only to the morale and productivity of the employees but also for cost reasons, since cleani...

Tips for Managing Business Funds in High-Interest Accounts

For entrepreneurs, astute fund management extends beyond survival alone—it fuels expansion and ensures ongoing viability. A shrewd tactic involves...

Understanding Regulations and Requirements for Building a Granny Flat

Constructing a granny flat entails understanding and complying with regulations that may differ depending on the area you're, in Here is a breakdown...

Top-Rated Criminal Lawyers in Brisbane: Securing Legal Defence and Justice

Navigating the legal landscape, particularly in criminal defence, is an intricate journey that demands experience, expertise, and a deep commitment ...

Innovative Solar Conduit Solutions: Why Solarflex Stands Out

When it comes to solar installations, efficiency, safety, and regulatory compliance are essential — particularly when tight schedules and diverse en...

Loaded Potato Snacks: Perfectly Crispy French Fries and Air-Fried Hash Browns

Are you craving a crunchy, flavorful potato snack that goes beyond the usual French fries? Let me introduce you to two of my favorite recipes: Loade...

Bulk Liquid Storage Tanks: Essential Solutions for Modern Industry

In industries where managing large quantities of liquids is a daily requirement, bulk liquid storage tanks play a vital role. These tanks are desi...

Bistro Blinds for Seasonal Changes: Adapting Your Outdoor Space

Bistro blinds are outdoor designs that can be adapted for seasonal changes. They warm up the environment by making it wind-free, wet-free, and sun...

Advantages of Using Digital Printing Services

The demand for quick, efficient, and high-quality printing solutions has seen remarkable growth in our modern, fast-paced world. This increasing nee...

Benefits of Professional Strata Management

Navigating the complexities of strata management can be a daunting endeavor for any strata property owner or committee member. Strata management inv...

The Hidden Benefits of Bundling Utilities with Moving Services

Moving can feel overwhelming with so many things to juggle. Hiring a moving company in Brisbane helps make it easier, but did you know you can make it...

Family Mediation: The Path to Resolution, Healing, and Lasting Solutions

In an era where family challenges are often met with emotional and financial strain, family mediation has quietly gained traction as a life-changing...

Surprise Party Ideas That Will Leave Your Guests Speechless

Throwing a surprise party is one of the most exciting ways to celebrate a special occasion. The thrill of keeping it a secret combined with the joy ...

“North of the River” Vs “Over the Bridge” – What’s in Brisbane’s ongoing North Vs South Feuds?

Greater Brisbane Australia’s largest capital city by land area, coming in at 15,824 square kilometers, and ranks number three worldwide. It has Au...

Income Stream Integration: 7 Ways to Earn Money Through Your Website

Whether you sell Vietnamese coffee, review Japanese gadgets, or rent Melbourne self storage, your website is more than just an online presence—it...

Top 10 Benefits of Practicing Taekwondo for All Ages

Taekwondo is more than just a martial art; it’s a way of life that offers profound physical, mental, and emotional benefits. Whether you're a chil...