Extrusion International USA 2-2019

16 Extrusion International 2/2019 INDUSTRY NEWS KraussMaffei Group GmbH www.kraussmaffeigroup.com Management Team strengthened The KraussMaffei Group has laid the foundations for future growth and is strengthening its management team with the newly created position of Chief Operating Officer (COO). Dr. Michael J. Ruf became a member of KraussMaf- fei’s Executive Committee (EC) at the company’s Munich headquarter on 1st April 2019. The Executive Committee currently consists of CEO Frank Stieler, CFO Harald Nip- pel and the heads of the four business segments Injection Molding Machinery (IMM), Extrusion Technology (EXT), Reaction Process Machinery (RPM) and Digital Service Solu- tions (DSS). In his position as COO, Michael Ruf will lead the four busi- ness segments IMM, EXT, RPM and DSS, as well as Global Procurement, Facility Management and the Business Excel- lence department. His key tasks will be to implement the “Compass” strategy and the coordinated development of the operational business. He will also be responsible for the US subsidiary KraussMaffei Corporation. At the same time, Michael Ruf will lead the location development projects in Germany. KraussMaffei Gruppe www.kraussmaffeigroup.com Pultrex https://pultrex.com Acquisition Effective February 21, 2019, KraussMaffei signed a share purchase agreement with Pultrex Ltd., based in Manningtree, Essex/UK. KraussMaffei thus strengthens its system competence in the area of pultrusion. Pultrex is one of the leading providers of pultrusion, pullwind- ing and filament winding systems, and is itself a manu- facturer of pultrusion profiles. “With the company Pultrex, we have a valuable, expe- rienced partner at our side, with whom we will expand our pultrusion business division for the long term”, ex- plains Nicolas Beyl, President of the Reaction Process Machinery segment at KraussMaffei Group. Pultrex has over 40 years of experience in the field of pultrusion, the continuous strand drawing of fiber-reinforced pro- files and round rods. More than 600 Pultrex pultrusion systems are in use worldwide. The product portfolio in- cludes complete pultrusion, pullwinding and filament winding systems. KraussMaffei entered the pultrusion market in 2017, setting new standards with the iPul system. “With the expertise and experience of Pultrex, we are comple- menting our system competence and now offer the en- tire value chain from a single supplier. At the same time, we will together pursue the aim of promoting standard- ized pultrusion system construction, thus offering our customers solutions with optimum price-performance ratios”, adds Beyl. Dr. Michael J. Ruf Looking forward to the new systempartnership for pultrusion, from the left: Nicolas Beyl, President of the Reaction Process Machinery segment of the KraussMaffei Group, and Colin Leek, Managing Director Pultrex (Photo. KraussMaffei)