Treofan Germany GmbH & Co. KG
Peter Vanacker joins Treofan Group as CEO

(DGAP-Media / 09.07.2012 / 09:00)

Peter Vanacker joins Treofan Group as CEO

Raunheim, 9 July 2012 - Peter Vanacker (46) will join Treofan Group as
Chief Executive Officer effective 1 September 2012, replacing Giovanni
Canetta, Treofan's interim CEO since April 2011. Mr. Canetta, also  General
Manager of M&C SpA, Treofan's largest shareholder, will become Vice
Chairman of the Advisory Board of Treofan, ensuring continuity.

Fresh from a distinguished career at Bayer AG, Peter Vanacker brings to
Treofan a deep knowledge of the chemical industry and broad experience at
senior management level in a global blue-chip company. He has been a member
of Bayer MaterialScience's Executive Committee since 2003. Most  recently,
he served as Executive VP and Chief Marketing and Innovation Officer at
Bayer MaterialScience AG.

Before that, he led Bayer's Business Unit Polyurethanes as General Manager
and was Head of EMEA at Bayer Polymers AG, Head of Polymer Solutions
Americas at Bayer Corp (USA) and Regional Director Polyurethanes South
America in Brazil.

'I am delighted to join Treofan at this exciting time, because I believe
that many things that are important to me can be implemented at Treofan:
developing new solutions through the eyes of our customers, working
together with a real team focused on mutual success, and launching products
in line with the corporate philosophy of sustainability,' said Peter
Vanacker. 'Everything I've heard about the Treofan Group fills me with
great respect for what has been achieved. I'm eager to get to know the
entire team personally and start tackling the tasks that lie ahead.'

Peter Vanacker holds a Master of Science degree in polymer engineering from
University IHR-CTL Gent, Belgium. He has dual German and Belgian
nationality and is fluent in five languages.

Treofan's shareholders, among them M&C, Goldman Sachs and EBF & Associates,
see the recruitment of Peter Vanacker as an important step in further
developing the company in line with their ambitious plans.

'We are very pleased with Peter's arrival,' said Giovanni Canetta of M&C.
'Treofan has made significant progress over the past 15 months in defining
strategy and addressing operational issues. Now Peter Vanacker brings
exactly the right qualities to drive and implement this strategy with the
support of the shareholders, while reinforcing the management team and the
organization at large.'

'We thank Giovanni for his work at Treofan and for the succesful
recruitment of Peter,' added Stefan Pfander, Chairman of Treofan's Advisory
Board. 'I am sure that Treofan will benefit enormously from Peter's broad
experience. With the support of Giovanni and myself, he will lead the
organization to a new level.'

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For further information please contact:

Dr. Boris Trautmann
Managing Director Treofan Group
T +49 6142 200 3201
E boris.trautmann@treofan.com

Alistair Hammond 
CNC - Communications & Network Consulting
T +44 203 116 6825
E alistair.hammond@cnc-communications.com

Treofan Group is a global technology leader for bi-axially oriented
polypropylene films (BOPP). Since more than 40 years we develop and
manufacture BOPP films. We market our products under the brand names
Treofan(R) and TreoPore(R). Treofan offers the most diverse and
comprehensive product range within the industry, providing packaging, label
and tobacco film applications as well as films for electronic devices, such
as capacitors and batteries. Treofan operates 4 plants that are located in
Germany, Italy and Mexico. Its commercial organization runs sales offices
across Europe, the US and Mexico and is supported by an agent /
distribution network covering Asia and Africa.

###


End of Media Release

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Issuer: Treofan Germany GmbH & Co. KG
Key word(s): Enterprise

09.07.2012 Dissemination of a Press Release, transmitted by DGAP - a
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Language:    English                        
Company:     Treofan Germany GmbH & Co. KG  
             Am Prime Parc 17               
             65479 Raunheim                 
             Germany                        
Internet:    www.treofan.com                
 
 
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