COMPO EXPERT expands its Management Board

•    Thomas H. Ahrens will be new Chief Executive Officer (CEO) and assume the newly created role of Chief Operating Officer (COO) on an interim basis
•    Dr Ingo Müller will oversee the Marketing and Product Management departments and the core area of Research & Development as Chief Marketing Officer (CMO)


Münster, 1 March 2016 – COMPO Expert GmbH is expanding its Management Board and introducing a new management structure. Thomas H. Ahrens will take on the newly created role of Chief Executive Officer (CEO). At the same time, the Management Board is being expanded to include the position of Chief Operating Officer (COO). This role will be filled by Mr Ahrens on an interim basis.

As Chief Marketing Officer (CMO), Dr Ingo Müller will now take responsibility for the Marketing, Product Management, and Research & Development departments, which means he will have the key strategic tasks of driving product innovation and further optimising the product portfolio.

“In Thomas H. Ahrens, we have gained an outstanding manager with an impressive track record for COMPO EXPERT. Strengthening the Management Board is an important step for the company,” said Markus Böttcher from XIO Group.

“COMPO EXPERT has a unique product range and an outstanding market position. My goal is to work with my new colleagues to continue driving its international expansion and place an even sharper focus on developing innovative products,” says Thomas H. Ahrens.

Thomas H. Ahrens (54) has 29 years of experience in various top-level management positions. He has wide-ranging expertise in the chemicals and processing industry as well as in the private equity sector. Before joining COMPO EXPERT, Mr Ahrens was Regional Vice President of Enthone Europe, a globally leading developer and provider of processes and specialty chemicals for electroplating and surface technology. As Executive Vice President Operations of Tarkett, a global market leader in the research, development, manufacture, and sale of floorings, he played a significant role in reorienting the company and creating the conditions for profitable growth of its worldwide operations. He has also held several top-level management positions at Total Group, including Vice President Operations of the subsidiary Atotech, a globally leading provider of specialty chemicals.

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
Max Hohenberg
CNC Communications & Network Consulting AG
Tel:     +49 (0) 89 599 458 132
E-mail:    Max.Hohenberg@cnc-communications.com


This press release can be downloaded as PDF.