Romaco Group Names New CFORomaco Group Names New CFO

December 17, 2019

3 Min Read
Romaco Group Names New CFO
Markus Kimpel, CFO, Romaco Group

Romaco Holding GmbH announces the appointment of Markus Kimpel as the new Group CFO, as well as managing director of Romaco Pharmatechnik GmbH, the manufacturing facility in Karlsruhe (Germany).

Kimpel will be taking over both positions from Carsten Strenger, who is leaving the company at his own request at the end of 2019. Kimpel will lead the international Romaco Group’s management team with Romaco CEO Jörg Pieper. Kimpel will work alongside Markus Regner as joint managing director of Romaco Pharmatechnik GmbH.

Kimpel will have responsibility for finance, controlling, IT, and human resources, both as CFO and in his role as managing director of Romaco Pharmatechnik.

In the course of a career spanning nearly 25 years, Kimpel has accumulated extensive management experience in the construction and automotive supplies industries, as well as in the engineering sector. A native of Frankfurt, he holds a degree in Business Administration and Mechanical Engineering and has served in various management positions including managing director, CFO, director finance, and interim plant manager. Most recently, he was managing director & CFO at the Aalen-based Alfing Special Machine Group, as well as group CFO at aluplast in Karlsruhe.

“We particularly value Markus Kimpel’s experience as a manager and as a proven financial specialist,” said Jörg Pieper, CEO Romaco Group. “With him on board the management team, we are optimally prepared for whatever commercial or processing challenges lie ahead of us. He will be a great asset for our company and a worthy successor to Carsten Strenger. I would like to take this opportunity to thank Mr. Strenger on behalf of everyone at Romaco for being such a great colleague to work with and wish him all the best for his professional future.”

Innovative Change Management
“I enjoy taking on new challenges,” Kimpel explained. “Wrapping up the Romaco Group’s integration into Truking, the Chinese parent company, will call for a mix of commercial expertise and diplomatic skills. I am personally very much looking forward to this new, exciting assignment together with my team because I firmly believe this German-Sino constellation offers development and growth opportunities for all players.”

The Romaco Group was sold by Deutsche Beteiligungs AG to the Truking holding in May 2017. A three-year plan was drawn up for Romaco’s integration into the operative Truking Technology Ltd. Romaco Holding GmbH and its subsidiaries will be transferred to the listed company Truking Technology Ltd in 2020. Truking Technology Ltd, the Chinese pharmaceutical engineering group, has been listed on the Shenzhen stock exchange (SZSE) since 2014.

Romaco Group
Romaco is a leading international supplier of processing and packaging equipment, specializing in engineering technologies for pharmaceutical solids. The group provides individual machines and turnkey solutions for manufacturing and packing powders, granulates, pellets, tablets, capsules, syringes, and medical devices. Romaco also serves the food and chemical industries.

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