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Paulo Alexandre has been appointed new CEO of the Romaco Group

Paulo Alexandre has been appointed by the IPPT Group Board of Management, which is chaired by Wolf-Dieter Baumann, as the new CEO of the Romaco Group with effect from April 1, 2012.

Romaco is owned by IPPT GmbH, a portfolio company of Deutsche Beteiligungs AG.

Mr. Alexandre has a long history and extensive international management experience in the automotive and engineering industries. He spent several years working as a Managing Director of packaging and solar engine manufacturers. Following a period with Kolbenschmidt Pierburg AG, Mr. Alexandre moved to Horváth & Partners as a management consultant. In 2005 he assumed responsibility for financial and controlling operations at Oystar Holding GmbH, before taking over as Managing Director of IWK Verpackungstechnik GmbH, an Oystar Holding subsidiary, in 2007. Prior to joining Romaco he was Chief Financial Officer of Centrotherm Thermal Solutions GmbH.

“We are delighted that Paulo Alexandre has agreed to lead the Romaco Group: he is a strong personality with visionary ideas, which he reconciles with sustainable strategies”, explained Wolf-Dieter Baumann, Chairman of the Board of IPPT GmbH. “We particularly value his vast expertise when it comes to complex management challenges and his proven ability to successfully position companies in their markets.”

“Romaco represents an exciting opportunity for me in many respects, and I'm looking forward to the challenge”, said Paulo Alexandre, CEO of Romaco. “The Group has immense innovative power and is excellently placed in the global arena. Our number one priority in the medium to long term will be to continue strengthening our business activities in the pharmaceutical, cosmetics and food sectors. Close customer relationships are the key to internal and external growth. It's very important to me that we meet the needs of our customers around the world as comprehensively as possible.”
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