(Krauss Maffei) -- The Supervisory
Board of KraussMaffei AG, a worldwide leading manufacturer of plastic and rubber
machinery and systems, appointed Jan Siebert as Chief Executive Officer (CEO)
effective from January 1, 2012. He will succeed Dr. Dietmar Straub, who is
managing the activities of KraussMaffei Group since April 2007 and who is
leaving the company at his own request.
KraussMaffei is one of the world's leading manufacturers of machinery for
processing plastics, and the only company supplying machinery covering three key
technologies for the international plastics and rubber processing
industries.
The KraussMaffei Group markets its products under the KraussMaffei,
KraussMaffei Berstorff and Netstal brands. The KraussMaffei brand covers the
whole spectrum of injection and reaction moulding technology, while KraussMaffei
Berstorff specializes in extrusion solutions. The Swiss subsidiary Netstal is
firmly established as a premium supplier of high-precision injection moulding
machinery. Krauss-Maffei maintains a close-meshed network of over 140
subsidiaries and sales and service agencies close to customers
worldwide.
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