Annual press conference 2018
Haniel significantly growing and exceeds expectations
Portfolio successfully expanded through acquisitions
Buy-and-build strategy driven forward with joint venture at CWS-boco
The family equity company Haniel looks back upon a successful 2017, both operationally and in relation to the strategic development of the portfolio.
Revenue and profit exceeded expectations on financial year of 2017: This was due primarily to the performance of the leading trader of raw materials ELG and the full-service provider of washroom hygiene and textiles solutions CWS-boco. "The positive business performance, the formation of the joint venture at CWS-boco and the successful acquisitions of the attractive specialist machinery manufacturers ROVEMA and Optimar highlight the fact that we are on track for growth. Alongside our focus on the ongoing development of the portfolio, we are continuing to enhance our new and existing companies", said CEO Stephan Gemkow.