DSI announces the appointment of a new Group Chief Financial Officer
Aschheim, 30 April 2009. The DSI Chairman and CEO Alan Bate today announced the appointment of Nick Moses as the new Group Chief Financial Officer (CFO).
He replaces Paul Taaffe, who has resigned for personal reasons.
Nick Moses (42) is expected to join the Group on 5 May 2009 and will be based in Aschheim and Luxembourg. He will report to Alan Bate, Group Chairman and CEO.
Until recently, Nick was the Group Chief Financial Officer of J C Bamford Excavators Ltd. This family-owned business generated GBP 2 billion in turnover in 2007 and is one of the world’s leading manufacturers of construction equipment. The company employs over 8,000 people on four continents and sells its products in 150 countries.
Prior to that, Nick was Chief Financial Officer of Metzeler Automotive Profile Systems SA. This was a CVC backed automotive manufacturer and supplier of rubber profiles used for door and window sealing systems. Nick joined Metzeler in the U.S. as Vice President of Finance, North America in 1998 and was promoted to CFO in 2003. He saw the business through to a sale in 2007.
Commenting on the appointment, Alan Bate said. “Nick brings with him a wealth of manufacturing, business and private equity experience. I am confident he will quickly become a major contributor to DSI’s success.”
Also commenting on the departure of Paul Taaffe, the Chairman took the opportunity to thank Paul Taaffe for his significant contribution to DSI. He added: “Paul introduced a steady hand to DSI following the change of ownership and drove improvement in many areas. We wish him well in his endeavors outside DSI.”
DYWIDAG-Systems International (DSI) appoints new Chief Business Development Officer
Aschheim, March 16. DSI is pleased to welcome Mr. Hans Wlodkowski as the Group’s new Chief Business Development Officer.
Hans Wlodkowski has long term in-depth experience in the Special Construction and Post-Tensioning Industry combined with expertise in Threadbar production. In his latest position as Executive Vice President Business Development at Stahlwerk Annahuette, Hans Wlodkowski was responsible for the global Business Development and Research & Development of Threadbar and Special Construction Technologies.
Previously, Hans Wlodkowski served as RCEO – Regional Chief Executive for VSL-International for five years, to develop and consolidate their businesses in Central and Eastern Europe and the Middle East. VSL is part of the BOUYGUES Construction Specialist Works Division in France and the world’s second largest construction company.
In fact, Hans Wlodkowski even disposes of long-term experience with DSI in Munich, North America and Far East. His combined experience both in the technical field and in business development makes him a valuable asset for the group.
According to Alan Bate, Chairman and Group Chief Executive Officer, “Hans Wlodkowski is an excellent fit with DSI. His international experience and in-depth technical knowledge in Post-Tensioning will support the DSI Group in its future business development around the world. His proven track record for analytical and tactical business planning will enable him to identify new markets and new business opportunities for DSI.”
Acquisition of business from AGRHIMERC S.A.C., Peru and establishment of DSI Peru S.A.C.
DYWIDAG-Systems International (DSI) is pleased to announce that DSI acquired the business of AGRHIMERC S.A.C. on February 12th, 2009.
AGRHIMERC S.A.C., founded in 1997, is a well established producer of products such as split sets and rock reinforcement products for the mining markets.
AGRHIMERC S.A.C. is well-recognized among its clients for its high quality service to the Peruvian mining industries. The mid-sized company produces different types of rock bolts that can be flexibly adjusted to varying ground conditions. AGRHIMERC S.A.C has been a partner of long standing for important infrastructural projects in Peru and adjacent Latin American countries. Among other projects, the company will contribute to 13 major electric power stations.
All employees of AGRHIMERC S.A.C. have transferred to DSI Peru S.A.C.. DSI Peru S.A.C. was established specifically to acquire the AGRHIMERC business. It is headquartered in Lima, Peru. The company will contribute to DSI’s global product range and will be able to extend its service and customer support. DSI Peru’s staff will continue its dynamic growth of the past few years. By introducing their newly developed forepoling systems to the underground operations, DSI Peru will take a leading position and will become one of the strongest suppliers in Peru.
Mr. Rafael Vizquerra Bellido,one of the former owners of AGRHIMERC S.A.C., will assume the position of General Manager. His market knowledge and experience of long standing do not only serve to motivate his team, but make him a valuable asset for DSI. The acquisition of AGRHIMERC S.A.C.’s business was a further strategic step and provides DSI Mining with a strong manufacturing and distribution base in Peru from which to service the expanding mining markets in Bolivia, Columbia and Ecuador.
About DSI
The DSI Group has over 2.200 employees worldwide with operations across Europe, Asia-Pacific and the Americas. In 2007, the DSI Group was acquired by CVC Capital Partners, a private equity fund that strongly supports the DSI Group. DSI is the world’s leading systems supplier in the fields of civil engineering and underground construction. Their products and services are mainly used in infrastructure projects, for instance for bridges or slope stabilization as well as in mining roof support and tunnel construction.
About CVC Capital Partners
CVC Capital Partners ("CVC") is a leading global private equity and investment advisory firm founded in 1981, with a network of 18 Offices and 160 employees throughout Europe, Asia and the United States. CVC is currently investing from CVC Fund IV, CVC Asia II and CVC Tandem Fund with an aggregate of more than $15bn in equity capital. The CVC team’s local knowledge and extensive contacts underpin a 25-year proven track record of investment success.