KBE, one of the international brands of profine International (along with Kömmerling and Trocal) welcomes the announcement that the transfer of ownership of HT Troplast AG to international private equity houses, The Carlyle Group and Advent International, has been successfully completed.

The Carlyle Group’s Heiner Rutt has been appointed Chairman of the new Supervisory Board and announced the following appointments to the management board of profine GmbH.

Gerard Sommerer was appointed Chief Executive Officer. He was formerly management board chairman at Roto Frank AG.

Hans Pabst, UK head of KBE Window Systems, commented: ‘The day to day operations of KBE are unaffected by this announcement but it gives the existing management team even greater confidence to implement our plans for the future. Central to this, as our new CEO, Gerard Sommerer emphasised, is the fact that our customers remain the most important facet of our business.’

Source

Glass Age