Stefan Kirschke was named the new Chief Financial Officer (CFO) at Körber AG, effective December 14, 2017.
Stefan Kirschke succeeds Harald Vogelsang as Group CFO. Vogelsang left the Group on December 14, 2017, by mutual agreement. The Supervisory Board of Körber AG formally adopted this change at its meeting on December 14, 2017.
The Supervisory Board of Körber AG thus fulfilled Vogelsang’s request for a premature release from his current contract, due to personal reasons.
Richard Bauer, Chairman of the Supervisory Board of Körber AG: “We are pleased that with Stefan Kirschke we were able to appoint an experienced internal finance expert to quickly fill this extremely important role within the Group. Mr. Kirschke was substantially involved in the realignment and the strong growth of the Business Area Körber Tissue in recent years. Thanks to his extensive expertise and his detailed knowledge and many years of reliable collaboration with all Business Areas, in his new role he will successfully continue the growth course of the Group together with the other members of the Group Executive Board. On behalf of the Supervisory Board, I would like to thank Mr. Vogelsang for the work he has done.”
Over the last few years, Stefan Kirschke has held various leadership positions within the Körber Group. Most recently he served as CFO in the Business Area Körber Tissue. Prior to joining Körber, Kirschke worked at the auditing firm Ernst & Young and held various management positions in the field of strategic brand consulting. Stefan Kirschke has a degree in Business Management from the University of Münster.
Successor to Stefan Kirschke in the role of CEO of the Business Area Körber Tissue will be Oswaldo Cruz. Cruz joined Fabio Perini Brazil in 1994 as a Sales Manager, and was appointed as Managing Director there in 2007.
Dineo Silverio, currently Head of Sales and Customer Service with Fabio Perini Brazil, was already appointed as the successor to Oswaldo Cruz as Managing Director of the company with effect on January 1, 2018.
Together with Oswaldo Cruz, Markus Fröhlich (CFO) and Dr. Luca Frasnetti (CTO and COO as dual responsibility) will form the new management team for the Business Area Körber Tissue.
Markus Fröhlich currently serves as Director of Administration & Controlling at Fabio Perini. After earning his Master of Engineering Management degree, he began his career at Kugler-Womako, a company in the group’s former paper division. In 2011, Fröhlich became an investment controller at the former Körber Process Solutions. During this time, he also took part in the Körber Finance Program. As part of this program, he worked on projects at Fabio Perini Brazil before moving to Fabio Perini in Lucca in 2015.
Dr. Luca Frasnetti currently serves as the Chief Technology Officer (CTO) at Fabio Perini in Lucca. He holds a doctorate in Electrical Engineering and has been with the Körber Group since 2014. Earlier in his career, he served as a Global Electronic Technology Leader at Whirlpool Italy and most recently as Head of Technology and R&D at the Italian subsidiary of the Candy Hoover Group.
“I’m really pleased that our long-term succession and development planning has enabled us to appoint internal experts to fill these critical positions in the Business Area Körber Tissue. With their know-how and deep understanding of this special market, we are in the best possible position for additional growth in this business division. I wish the new management team every conceivable success!” said Stefan Kirschke.
About Körber Tissue
The Business Area Körber Tissue, which includes the brands Fabio Perini, Casmatic and MTC, is synonymous with innovation, state-of-the-art technologies, end-to-end solutions for processing and packaging machinery for toilet paper, folded tissue and paper towels. Cutting-edge offerings and a systematic customer orientation make the Business Area the technology and market leader in the sector.
Körber AG is the holding company for an international technology group with approx. 11,500 employees around the world. The Group comprises leading-edge technology companies and more than 130 production, service, and sales entities.
At locations around the globe, Körber combines the benefits of a globally-present organization with the strengths of highly-specialized, flexible, medium-sized enterprises that offer their customers solutions, products, and services in the Business Areas of Automation, Logistics Systems, Machine Tools,
Pharma Systems, Tissue, Tobacco, Corporate Ventures and in the near future Digital Solutions.
MarquipWardUnited, Inc., a Barry-Wehmiller company, has executed a definitive agreement to acquire- the operations of Körber AG’s Papersystems companies: E.C.H. Will GmbH, Pemco Inc. And Kugler-Womako GmbH, pending the approval of the respective antitrust authorities. The combination of these industry leaders expands MarquipWardUnited’s sheeter footprint, establishing BW Papersystems as the leading supplier of sheeting and sheet packaging machinery in the world with solutions for the widest range of applications for the paper converting, manufacturing and packaging industries. In addition, MarquipWardUnited, Inc. will add machines for stationery manufacturers and bookbinders to its portfolio and will assume a leading position in the production of machines for the manufacture of passports.
E.C.H. Will, Pemco and Kugler-Womako generated combined sales averaging $125 million (USD) over the past five years. As part of the transaction, their 350+ associates will join MarquipWardUnited’s 1,100 team members worldwide.
“We are excited to partner with these industry leaders whose expertise naturally dovetails with MarquipWardUnited’s,” said Tim Sullivan, Barry-Wehmiller Group President. “We have watched the successful synergy between E.C.H. Will, Pemco and Kugler-Womako and feel that MarquipWardUnited’s capabilities will complement theirs. We look forward to welcoming them into our family and introducing them to our dynamic people-centric culture. This combination presents many exciting opportunities for our customers, our suppliers, and Barry-Wehmiller’s 7,600 team members around the globe!”
“We are pleased to have found a strategic and long-term oriented operator with Barry- Wehmiller for the Papersystems companies,” commented Körber CFO Stephan Seifert.
"Together, we enlarge the range of our technologies and products quite considerably. At the same time, we will continue our commitment to providing outstanding Customer Service," said Christoph Golombek, Managing Director of Kugler-Womako. “We look forward to pursuing our corporate aims in the long term with these companies and their team members."
“This merger brings the leading names in the sheeting industry under one banner and positions us to increase the scope of products for Sheeting and Ream Wrapping,” commented Steve Brimble, VP Sales, MarquipWardUnited. “The combination of these key brands and their technologies ultimately means better products and more comprehensive support of our customers.”
As a group, these companies become a frontrunner in technology for cut-size, folio and digital sheeting and packaging, and ream wrapping, to benefit the most complex mill to the smallest converter. Their individual capabilities include:
MarquipWardUnited (with headquarters in Phillips, WI-USA) manufactures high-speed sheeter equipment for the paper converting and folding carton converting industries worldwide as well as machinery for the worldwide corrugated board industry
E.C.H. Will (based in Wedel, Germany) manufactures cut size sheeters for the production of copy paper, folio- size sheeters for paper and board, machines that produce ruled notebooks, and provides solutions for the industrial converting of digitally printed books.
Pemco (based in Sheboygan, WI-USA) offers complete packaging lines for cut-size, digital and folio reams. SHM
small converting Sheeters and Wrapmatic folio ream wrappers complete the range.
Kugler-Womako (based in Nürtingen, Germany) supplies machinery for the stationery and bookbinding industries and is the world market leader in the production of machines for the manufacture of passports.
In addition to the enhanced sheeter presence made possible by the transaction, MarquipWardUnited continues to maintain its robust corrugator and finishing product lines which include corrugators, rotary die cutters and flexo folder gluers; as well as its corrugated line products, flexo folder gluers (manufactured by Curioni in Milan, Italy) and VortX starch kitchens (manufactured in Milton, PA-USA).
About MarquipWardUnited, Inc.
As one of the largest global suppliers of advanced corrugating, sheeting and finishing machinery, MarquipWardUnited, Inc. has achieved international success through a combination of technical innovation and superb reliability. With more than a century of experience, MarquipWardUnited has become a leading manufacturer of high-speed equipment—including sheeters, splicers, slitter/scorers, direct drive knives, rotary die cutters and flexo folder gluers—for the folded carton, corrugated box and paper converting industries worldwide.
For additional information, please contact:
Director of Global Communications trish.kempkes@MarquipWardUnited.com
+1 (715) 339-2191
Within the context of its long-term corporate strategy to boost profitable growth, the Körber Group is planning to reposition itself. In order to sharpen its focus on fast-growing future markets, the Körber Executive Board has decided to sell off companies which are no longer part of the core business. For this reason Körber will be selling the companies E.C.H. Will, Pemco and Kugler-Womako, which are part of the Körber PaperLink Group, to a suitable investor. The Supervisory Board was informed about these plans yesterday. With the changes to the portfolio that are currently being sought, the Körber Group will be establishing the preconditions necessary to enable it to concentrate on its profitable core business, while at the same time expanding into new markets.
The three companies, which work closely together as Paper Systems, collectively have around 440 employees. Sales in 2010 amounted to some €100 million. All three have strong market positions with their technologies, and are amongst the leading companies in their respective fields of business. They have performed very successfully in the aftermath of the economic crisis.
A new owner is being sought for Paper Systems which is capable of continuing this positive performance in the long term. There is no specific time horizon for the divestment. While Körber is keen to complete the sale quickly, what is more important is finding the best possible investor for the companies.
The Körber PaperLink Division is set to remain part of the Körber Group. It will concentrate on its competencies in the fields of tissue, hygiene, mailing solutions and production logistic, and will further strengthen and expand these interests.
For further information:
Tel.: 040 / 211 07-422
Fax: 040 / 211 07-10422
The envelope inserting specialist W+D Direct Marketing Solutions GmbH is making a dynamic start to the new year. The company from Löhne, Germany, which has belonged to the Paper Division of the Köber Group since October 2010, is registering an increasing volume of incoming orders.
"We are very pleased that our customers have responded so positively to the news that we can now offer them an extended range of products under the umbrella of Winkler+Dünnebier", says Managing Director Reinhard Glade. "With Dr. Marc Fleckenstein we have reinforced our management, which is another positive signal to the market and shows that we are again thrusting ahead", he adds.
Right at the beginning of the year, W+D Direct Marketing Solutions also launched its new website. The Internet site benefits from a logical structure and intuitive navigation. The design visualizes the affiliation to Winkler+Dünnebier and the Körber PaperLink Group.
source: Körber PaperLink GmbH
Körber PaperLink GmbH (KPL), with its head office in Hamburg, is the strategic management holding company for the Paper Division of the Körber Group. KPL unites internationally operating companies specialized in providing machinery and services for the paper and tissue converting industries, all under one roof. The following companies belong to KPL:
E.C.H. Will GmbH
Fabio Perini S.p.A.
Fabio Perini Ltda.
KPL Packaging S.p.A.
Körber Engineering Shanghai Co., Ltd.
W+D Direct Marketing Solutions Gmb
Körber PaperLink GmbH
Tel.: +49 40 2110702
Fax: +49 40 2110712
As already announced, there has been a change in the senior management of the Körber Group’s Paper Division. Hildemar Böhm (51), previously CEO of the Mechanical Equipment Segment within the GEA Group, took up his new position as Chairman of the Management Board of Körber PaperLink GmbH on January 3.
At the same time, Böhm was also appointed to the Executive Board of Körber AG.
Announcement from August 3rd 2010 can be seen in the link below.
Hildemar Böhm (51), previously CEO of the GEA Mechanical Equipment Segment, has been appointed the new Chairman of the Management Board of Körber PaperLink GmbH, and is consequently assuming overall responsibility for the Körber Group’s Paper Division. At the same time, Böhm will also be a member of the Executive Board of Körber AG.
Böhm is succeeding Martin Weickenmeier (56), who for personal, family reasons decided last year not to extend his present contract. This is due to expire on August 31, 2010. At the request of the Executive Board, Weickenmeier will continue occupying a position on Körber PaperLink’s Management Board with responsibility for sales, marketing and service.
Hildemar Böhm studied process technology in Essen. The engineering graduate has long-standing professional and management experience. He joined the GEA Group in 2001, where he has exercised a number of different management functions.