MOESCHTER GROUP

Company overview

Backed by HANNOVER Finanz, MOESCHTER Group supplies customers from a wide variety of industries worldwide with products and solutions in high performance ceramics, dental ceramics and engineering plastics. The company is headquartered in Dortmund, Germany, and consists of three business units:

Dotherm is the origin of the group of companies and specialises in pressure insulation, tools and moulds as well as components used in machine and system construction.

Doceram specialises in high performance ceramics which are used amongst others in the automotive industry.

Doceram Medical Ceramics develops and manufactures milling discs for dental technology.

Brief 

HANNOVER Finanz has a long standing relationship with Directorbank, and approached Dorothea Kronenberghs (our Executive Director Europe) and Pia Beverungen – both based at our Frankfurt office – to source an experienced, commercially-minded Managing Director to support further growth and internationalisation of the group.

The successful candidate would work alongside the incumbent Managing Director who has significant experience with the company and excellent product, R&D and market understanding.

The ideal profile was a private equity-experienced, commercially-minded, market/customer focused individual with a successful track record in taking SME companies to their next level of growth on an international basis.

Strong leadership skills paired with operational excellence and a good understanding of high tech materials in an industrial B2B environment were also essential to the role.

Process

Given Dorothea and Pia’s strong grasp of the brief, and long track record of working with HANNOVER Finanz, they were able to quickly respond with a good short list of candidates. After interviews with both investor and company, Thomas Duy was successfully appointed to the role.

Result

Thomas’s functional, sector and PE experience are an ideal match for the position at MOESCHTER Group and his management style complements and augments the existing leadership team.

Whilst CFO of Resorba Medical, Thomas acquired significant PE experience, taking a family owned business and successfully transforming it through the next stage of development. He also gained a good track record of expanding a company into US markets from his last role as CFO of Fritsch where he was responsible for the US arm of the business.