COMPO EXPERT appoints Thiemo Heinzen as new Chief Financial Officer

Münster, 01 April 2016 – COMPO Expert GmbH, leading producer of special fertilizers and biostimulants, appoints Thiemo Heinzen as new Chief Financial Officer (CFO). He assumes his new role as of 01 April 2016. Mr. Heinzen follows Dr. Wend von Wietersheim as Managing Director and CFO of COMPO EXPERT. Mr. Heinzen will be responsible for Finance and Accounting, Controlling, Human Resources and Legal.

“In Thiemo Heinzen, we have gained a seasoned Finance Professional with a strong track record
in the specialty chemicals industry. His former experience in private equity backed companies
will certainly be a great asset to the team,” said Thomas H. Ahrens, CEO of COMPO EXPERT.
“COMPO EXPERT is a well-positioned company with great growth potential. My goal is to further
improve all key commercial processes, providing a solid basis on which to grow in a sustainable
and profitable manner”, said Thiemo Heinzen.

Dr. von Wietersheim left the company on March 31. The board would like to thank Dr. von
Wietersheim for all his endeavours in shaping and establishing the Finance Organisation following
the “carve out” of the EXPERT business.

Thiemo Heinzen (50) has 24 years of experience in various top-level management positions
predominantly in the finance area. He is a seasoned professional in the chemicals and processing
industry with broad experience in the private equity sector. Before joining COMPO EXPERT,
Thiemo was managing director and CFO of ASK Chemicals, one of the leading global providers of
complete solutions for the foundry industry. As Head of Corporate Controlling of Süd-Chemie AG,
a globally active specialty chemicals company in the fields of adsorbents, additives and catalysts,
he was responsible for corporate management, planning and reporting, M&A and the risk
management system. He also held various management positions in the areas of Controlling,
Human Resources and Supply Chain with FAG Kugelfischer AG and, Hoechst AG.
In May 2015, XIO Group, a globally active alternative investments firm, acquired the COMPO
EXPERT business from COMPO GmbH. Rapid progress is being made in establishing the company’s
independent presence on the market. In the last business year, COMPO EXPERT generated
revenue growth of around 10 percent.

About COMPO EXPERT

COMPO Expert GmbH, headquartered in Münster, Germany, is an international company with
locations in Europe, North and South America, Asia and South Africa. It produces and markets
special fertilizers and biostimulants for all areas of cultivation. COMPO EXPERT offers a broad
range of high-quality, innovative special fertilizers for professional users. Its product range
encompasses innovative slow-release fertilizers, special mineral fertilizers, coated fertilizers,
nutrient salts, liquid fertilizers, trace nutrients, soil improvers, and plant care products. With
this range, COMPO EXPERT holds a leading market position in Europe. In 2015, COMPO EXPERT
was acquired by XIO Group, a global alternative investments firm. It currently employs around
500 people.

 

Press Contact
Jana Edelmann
CNC Communications & Network Consulting AG
Tel: +49 (0) 89 599 458 157
E-Mail: Jana.Edelmann@cnc-communications.com

 

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