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Thorsten Kühn appointed CEO of the Schur Flexibles Group

Thorsten Kühn appointed CEO of the Schur Flexibles Group
– Kühn contributes extensive expertise from the packaging industry
– Schur Flexibles stays on growth trajectory
– Key focus on customer benefits
Wiener Neudorf, 6 April 2018 – Thorsten Kühn has been appointed the new
Chief Executive Officer of the Schur Flexibles Group, a company based in
Wiener Neudorf/Austria specialising in packaging solutions for the food,
tobacco and pharmaceutical industries. The 45-year old, who holds a degree in
Business Administration, draws on a wealth of experience in the packaging
industry: Take for example Bilcare Research AG, Switzerland, a manufacturer
of PVC and aluminium foils, with 1,800 employees and revenues of €265 million
which he successfully transformed in his role of CEO over the period from
2011. Under Thorsten Kühn’s leadership, the company expanded globally in
the market for packaging for the pharmaceutical industry and raised its
profitability fivefold. Between 1998 and 2011, Kühn worked in various
management functions at Klöckner Pentaplast, a leading manufacturer of
plastic films for the pharmaceutical, food, electronics, medical devices and
consumer goods packaging. Among other tasks, Kühn was responsible as
Vice President for the European PET business and as Regional Head for the
Asian business which he significantly expanded.

Sights set on value-oriented growth
Thomas Unger, Chairman of Schur Flexibles’ Advisory Board: “Thorsten Kühn
commands expertise that meshes ideally with our growth strategy: In his various
functions, he has proven his ability to lead companies to value-oriented growth – with
a concentration on customer benefits, extensive internationalisation know-how, in the
intelligent expansion of business models and with a holistic focus across functions on
efficiency geared production.”
Open for acquisitions
Thorsten Kühn: “I am delighted to have the opportunity of working in such an
entrepreneurial environment. Schur Flexibles is fast, highly innovative, covers the
entire value chain and provides customers with one-stop shopping. The company
has written an impressive growth story since 2012 which we will take forward
together.” The Schur Flexibles Group, founded in 2012, is expected to raise its
revenues to more than €400 in 2018 (2017: €350 million). Recently, Schur Flexibles
reinforced its position in the premium packaging solutions business for the
confectionery and tea market through three acquisitions and will remain open for
further acquisitions in the future.

About the Schur Flexibles Group
The Schur Flexibles Group, headquartered in Wiener Neudorf, Austria, has a
workforce of around 1,500 employees and is specialised in innovative, premium high
barrier packaging solutions for the food, tobacco and pharmaceutical industries.
With its integrated value chain, from extrusion through to printing and lamination and
on to full-line bag and pouch production, the Group – which was established in 2012 –
generated total revenues of around €350 million in 2017 and thereby ranks among
the industry’s leading companies in Europe. Schur Flexibles comprises 14
companies with 16 production sites – in Germany, Finland, Denmark, Netherlands,
Poland, Slovakia, Greece and Russia – which are highly specialised and enjoy
technology leadership status in their respective area. This centre of excellence
concept positions the Group as an attractive and expert partner for customer
companies in selected industries.

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