ALBIS begins a new chapter by successfully completing its 2019 strategy program

Hamburg, 7/14/2020. 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. The Otto Krahn Group will be the holding company for these four businesses, defining the group-wide strategic guidelines and providing shared services. 

"The new structure is good for our customers, good for our distribution partners and good for us as a group," says Philip O. Krahn, who is taking over the role of CEO of the Otto Krahn Group with immediate effect. "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. Our customers continue to have access to all products in our comprehensive portfolio and benefit as usual from our independent distribution know-how and technical understanding. At the same time, their business with us will become even faster, simpler and less complicated.” 

 

Horst Klink, former Vice President Distribution at ALBIS, will take over the management of the new Business Distribution: "ALBIS focuses on sales as an independent distributor with one of the market-leading and most comprehensive product portfolios," says Klink. "With our strong sales network and our passion for the best solution, we are accelerating growth for our distribution partners and customers across countries and industries.”

Ian Mills, former Chief Sales Officer of the ALBIS Group, will head the compounding business. "We are an innovative thermoplastic compounder developing high-quality, sustainable solutions at competitive prices in close cooperation with our customers, able to offer our product portfolio to a high quality level worldwide," says Mills. "MOCOM will build on our strong history of customer collaboration, utilising the experience gained over 50 years, to deliver a focussed and exciting future.”

Behind the companies continues to be the financially strong and family-run Otto Krahn Group, with which the more than 13,000 customers and partners in the plastics industry maintain business relationships, some of which have been growing for decades. 

"Our new structure puts us in a position to develop successfully in an increasingly global and changing competitive environment and to take advantage of the opportunities offered by digitization," adds Philip O. Krahn. "It lays the foundation for continuing the growth course of recent years."


ALBIS profile in brief 
ALBIS is one of the world's leading globally operating companies in the distribution of technical thermoplastics and thermoplastic elastomers. With technical know-how, a strong distribution network and a passion for the best solution, ALBIS offers its customers as an independent distributor one of the market-leading and most comprehensive product portfolios for the entire plastics processing industry. With 24 locations worldwide and 450 employees, the Hamburg-based company is strongly represented in Europe with a growing presence in North Africa, the Asia Pacific and the Americas. In 2019, ALBIS was certified according to European Corporate Social Responsibility standards by rating specialist EcoVadis.

For more information visit http://www.albis.com.

MOCOM profile in brief
MOCOM is one of the world's leading compounders of thermoplastic polymers and offers the plastics processing industry a comprehensive range of high-performance plastics and technical compound solutions. In addition to the specialties (Alcom®, Tedur® PPS) and customized products (Altech®, Altech NXT PP®, Alfater XL® TPV), our portfolio contains a variety of high-quality Near-To-Prime® recycling products (Altech® ECO, Alfater XL® ECO). As a former division of ALBIS PLASTIC GmbH and part of the Otto Krahn Group, MOCOM builds on 50 years of experience. More than 700 employees produce and develop high-performance, competitive material solutions in close cooperation with customers and with a deep technical understanding, many years of experience and enthusiasm for their products. At three German locations as well as in Duncan, South Carolina (USA) and Changshu (China), MOCOM produces a consistently high level of quality worldwide and according to global specifications. All sites are certified to IATF 16949.

For more information visit www.mocom.eu.