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Name | Symbol | Market | Type |
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Wt Batterymetal | LSE:WATT | London | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 17.01 | 16.85 | 16.955 | 0 | 14:01:44 |
RNS No 5618r WATT BLAKE BEARNE & CO PLC 3rd April 1998 SUBSIDIARY BOARD APPOINTMENT Gerhard Hillebrand Appointed Managing Director of German Operations Watts Blake Bearne & Co PLC, ("WBB"), one of the world's largest extractors of high quality ball clays, announces the appointment of Mr. Gerhard Hillebrand as Managing Director of its German subsidiary, Fuchs'sche Tongruben GmbH & Co KG (Fuchs-Ton), based in Ransbach-Baumbach, Westerwald. Fuchs-Ton is Germany's largest producer of plastic clays and represents the Group's second largest business after WBB Devon Clays in the UK. Almost 2 million tonnes per year of ceramic clays are produced from the Group's German operations in the Westerwald and in the former East Germany. Its markets are mainly the German domestic market and the important Italian ceramic market, where the WBB Group is a major supplier from Germany, Devon and the Ukraine. Mr. Hillebrand, aged 46, who became Joint Managing Director of Fuchs-Ton in July 1997, succeeds Mr. Eckart Groll, who retires after 34 years service with the Company. It is intended that Mr. Groll will continue his relationship with the Group as a business consultant. Mr. Hillebrand has spent much of his career in the industrial minerals industry and has managed a number of companies in the Wulfrather Group, among them Martin & Pagenstecher Rohstoffbetriebe GmbH, acquired by Fuchs-Ton in 1994. WBB acquired Fuchs-Ton in 1974. Commenting, Dr. G. B. Lawson, Chief Executive of WBB, said: "Gerhard Hillebrand has considerable experience and reputation in the industrial minerals industry in Germany. I look forward to working with him in further expanding our business activities in Western and Central Europe. "On behalf of the Board, I would also like to thank Eckart Groll for his outstanding service to Fuchs-Ton, and to the WBB Group, and wish him a happy retirement." Notes to Editors: * WBB has companies in the UK, Germany, Italy, Portugal, the Netherlands, France, the United States, the Ukraine, Indonesia, Thailand, Singapore, Hong Kong and China. The Group also supplies its minerals to North Africa, the Middle East, Central America and other manufacturing countries throughout the world. * In 1996, the German Division produced nearly 33% of Group turnover of #102.9m. For further information please contact: Dr Graham Lawson (Group Chief Executive) Watts Blake Bearne & Co PLC Park House, Courtney Park, Newton Abbot TQ12 4PS Tel: 01626 332 345 Fax: 01626 332 342 or in Germany: Herr Gerhard Hillebrand (Geschaftsfuhrer) Fuchs'sche Tongruben GmbH & Co KG, Postfach 347, D-56223 Ransbach-Baumbach 1 Tel: 00 49 2623 830 Fax: 00 49 2623 8351 Additional information about the WBB Group and it products may be obtained from: Mr Steve Carreck (Publicity Manager) Watts Blake Bearne & Co PLC Park House, Courtney Park, Newton Abbot TQ12 4PS Tel: 01626 332 345 Fax: 01626 332 344 or via Group's web site: www.wbb.co.uk END BOAAOAOKWUKSRAR
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