ALBIS has successfully completed the strategy and growth program announced in 2019.
The company begins a new chapter in the 100-year history of the Otto Krahn Group: The distribution and compounding business are now operating as two separate companies as part of the new Otto Krahn Group Holding. The distribution business will operate under the globally established ALBIS brand and the separated compounding business will be established under the MOCOM brand.
The Otto Krahn Group also includes the KRAHN Chemie Group and WIPAG, the plastics recycler.
Ablis-14-07-20
Horst Klink, CEO ALBIS; Philip O. Krahn, CEO Otto Krahn Group; Ian Mills, CEO MOCOM (f.l.t.r.)
Defining the group-wide strategic guidelines and providing shared services, the Otto Krahn Group will be the holding company for these four businesses.
"We have reorganised historically grown structures and are benefiting from clearer responsibilities for results and costs, shorter decision-making paths and further increased professionalism and efficiency across all divisions,” said Philip O. Krahn, who is taking over the role of CEO of the Otto Krahn Group with immediate effect.
“Our customers continue to have access to all products in our comprehensive portfolio and benefit as usual from our independent consulting know-how and technical understanding. At the same time, their business with us will become even faster, simpler and less complicated.”
