Thorsten Kühn has been appointed the new Chief Executive Officer of the Schur Flexibles Group, a company based in Wiener Neudorf/Austria specializing in packaging solutions for the food, tobacco and pharmaceutical industries. The 45-year-old, who holds a degree in Business Administration, draws on a wealth of experience in the packaging industry: Take for example Bilcare Research AG, Switzerland, a manufacturer of PVC and aluminium foils, with 1,800 employees and revenues of €265 million which he successfully transformed in his role of CEO over the period from 2011. Under Thorsten Kühn’s leadership, the company expanded globally in the market for packaging for the pharmaceutical industry and raised its profitability fivefold. Between 1998 and 2011, Kühn worked in various management functions at Klöckner Pentaplast, a leading manufacturer of plastic films for the pharmaceutical, food, electronics, medical devices and consumer goods packaging. Among other tasks, Kühn was responsible as Vice President for the European PET business and as Regional Head for the Asian business which he significantly expanded.
Sights set on value-oriented growth
Thomas Unger, Chairman of Schur Flexibles’ Advisory Board: “Thorsten Kühn commands expertise that meshes ideally with our growth strategy: In his various functions, he has proven his ability to lead companies to value-oriented growth – with a concentration on customer benefits, extensive internationalization know-how, in the intelligent expansion of business models and with a holistic focus across functions on efficiency geared production.”
Open for acquisitions
Thorsten Kühn: “I am delighted to have the opportunity of working in such an entrepreneurial environment. Schur Flexibles is fast, highly innovative, covers the entire value chain and provides customers with one-stop shopping. The company has written an impressive growth story since 2012 which we will take forward together.” The Schur Flexibles Group, founded in 2012, is expected to raise its revenues to more than €400 in 2018 (2017: €350 million). Recently, Schur Flexibles reinforced its position in the premium packaging solutions business for the confectionery and tea market through three acquisitions and will remain open for further acquisitions in the future.