New MD at Biesterfeld

Chemicals and ingredients distributor Biesterfeld Spezialchemie has appointeed Sergej Lazovic to be its joint managing director, along with Peter Wilkes

Chemicals and ingredients distributor Biesterfeld Spezialchemie has appointeed Sergej Lazovic (right) to be its joint managing director, along with Peter Wilkes (left).  Lazovic joined the group in 2016 as managing director with responsibility for the global business activities of Biesterfeld International, which he will continue to do. Earlier, the firm had also named Magnus Lagerqvist as managing director of its Swedish subsidiary ABIC Kemi.

In addition, Biesterfeld has repurchased the 28.6% of its shares that had been held by Hannover Finanz and is now wholly owned by the Biesterfeld family again, as had always been intended when Hannover Finanz came on board. This follows 11 years during which the private equity firm has invested in the company’s growth internationally. Biesterfeld now has 40 locations and more than 900 employees, turning over €1 billion+/year.

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