Köln – February 21, 2011: KHD Humboldt Wedag International AG („KHD“), one of the leading suppliers of industrial plants and services for the global cement industry has successfully completed its planned capital increase.
KHD Humboldt Wedag International AG (KHD), one of the world’s leading suppliers of equipment and services for the cement industry, generated Group revenue of € 234.6 million in the 2011 financial year. The 18.2% year-on-year reduction is primarily attributable to delayed projects. However, KHD succeeded in maintaining a largely unchanged EBIT margin of 7.5% (previous year: 8.7%).
Claudius Peters Projects GmbH (“CPP”) and KHD Humboldt Wedag GmbH (“KHD”) have settled all disputes relating to or arising out of alleged patent infringement, validity of, and/or breach of intellectual property rights in and to the ETA Cooler technology and other related matters.
Effective from 1st of February, 2020, Matthias Mersmann has been appointed by the Supervisory Board as a new member of the Management Board of KHD Humboldt Wedag International AG. He contributes his long-term expertise in the technology of cement manufacturing processes and equipment design which he has acquired in various executive positions with OEM suppliers as well as independent consultant.