Albis: Distribution and compounding businesses to be separated

Albis Plastic announced that it is planning a strategic programme at group level. By mid-2020, the distribution and compounding businesses will be transferred to formally separated companies with their own growth and profit responsibility under the umbrella of a holding company.

Horst Klink, former Vice President Distribution at Albis, will take over the management of the new distribution business. Ian Mills, former Chief Sales Officer of the Albis Group, will lead the compounding business.

“Our goal is sustainable global growth. We have successfully achieved this in recent years. From this position, it was important for us to actively meet the strategic challenges of the future,” said Philip O. Krahn, CEO of Albis Plastic GmbH. Thus, digitisation does not stop at the plastics industry. At the same time, globalisation is increasing the number of competitors and capacities in an already competitive market. “The new structure will make us even more efficient, agile and service-oriented. For our customers, this means that they can do their business with us much more quickly and at the same time benefit, as usual, from independent advice and our comprehensive portfolio, from which we recommend the individually perfect solution for every application,” said Krahn.