Chairman steps down after Balda special meeting

EUROPEAN PLASTICS NEWS

Published: September 12, 2013 2:13 pm ET
Updated: September 12, 2013 2:16 pm ET

Related to this story

Topics Medical Injection Molding
Companies & Associations

Michael Naschke has stepped down from the role of chairman at German injection molder Balda AG following a special meeting of company shareholders, held Sept. 4.

A local court in Germany had appointed an independent lawyer to chair Balda's meeting, following Balda's disagreements with shareholder Elector GmbH.

Earlier this year, Bad Oeynhausen-based Balda had accused Elector of trying to change the company's strategic orientation by organizing a general meeting in Berlin. Elector had arranged the meeting to appoint three new members to Balda's supervisory board.

During the Sept. 4 meeting, three new members of the board were appointed; Frauke Vogler, Thomas van Aubel and Klaus Rueth.

The company spokesperson did not respond when contacted by European Plastics News.


Comments

Chairman steps down after Balda special meeting

EUROPEAN PLASTICS NEWS

Published: September 12, 2013 2:13 pm ET
Updated: September 12, 2013 2:16 pm ET

Post Your Comments


Back to story


More stories

Image

TE buys catheter maker AdvancedCath

April 10, 2015 2:45 pm ET

Catheter system design and manufacturing firm AdvancedCath Technologies Inc. has been acquired by TE Connectivity's medical division in a $190...    More

Image

Rubber molder digging up more business with addition of injection molding

April 10, 2015 9:20 am ET

Jefferson Rubber Works Inc. got a taste of the plastics industry in 2014 and sees bigger things on the horizon.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events