Change in Group management of sia Abrasives Holding AG (06/01/2009)
Gerhard Mahrle, Chief Financial Officer of the sia Group, will leave the company at the end of March 2009 and take on a new challenge. The Board of Directors and Group management regret this decision, thank Gerhard Mahrle for his commitment and services and wish him all the best in the future..
About the sia Group The sia Group based in Frauenfeld ranks among the world’s top three suppliers of flexible abrasives. It develops, manufactures and markets complete abrasive systems tailored to specific requirements and applications for surface preparation and finishing of all kinds. This commitment has made abrasive processes into true surface technologies. Employing some 1,250 people worldwide, sia Abrasives posted net sales of CHF 298 million and operating profit (EBIT) of CHF 30.3 million for 2007. sia Abrasives Holding AG is listed on the SIX Swiss Exchange and generates more than 90% of its sales outside Switzerland.
