07.04.2017 Change in management in the Berentzen Group: Oliver Schwegmann becomes a new member of the Executive Board, while Frank Schübel puts himself forward for appointment to the Supervisory Board

07. April 2017 15:48

Haselünne, April 7, 2017 - Oliver Schwegmann will succeed Frank Schübel as a member of the Executive Board of Berentzen-Gruppe Aktiengesellschaft, listed on the regulated market (General Standard) of the Frankfurt Stock Exchange (ISIN: DE0005201602). In this position, he will assume responsibility for the Sales & Marketing, Supply Chain and Research and Development functions and will manage the Company together with long-standing CFO Ralf Brühöfner. 'With Oliver Schwegmann, we are delighted to have found an experienced top manager from the consumer goods industry for the Executive Board. At the same time, we succeeded in executing the change in management professionally and quickly with Mr. Schübel's upcoming move to the Supervisory Board', explains Gert Purkert, Chairperson of the Supervisory Board at Berentzen-Gruppe Aktiengesellschaft.

Oliver Schwegmann (43) was born in Löningen in the Emsland region and studied Sports Economics. He has several years of management experience, in particular in Marketing and Sales, and worked for many years in executive roles at high-ranking companies such as Storck, Mars and Hero. His most recent position was that of Managing Director for L'Óreal's consumer goods division in Switzerland. The father of three will take up his new role as a member of the Executive Board of Berentzen-Gruppe Aktiengesellschaft on June 1, 2017.

He will succeed Frank Schübel, who is stepping away from operations at the Berentzen Group but will remain close to the Company and is putting himself forward for the Supervisory Board. His tenure as Executive Board Spokesman will end after the annual general meeting on May 19, 2017. Frank Schübel is very satisfied with this solution: 'Our plan was to continue the fundamental strategic direction of Berentzen Group while at the same time setting a new course for growth thanks to external impetus. Mr. Schwegmann is an excellent Executive Board member for the Berentzen Group who will support this course.'

Oliver Schwegmann

About the Berentzen Group:

The Berentzen Group is a broad-based beverage company operating in the following three segments: Spirits, Non-alcoholic Beverages and Fresh Juice Systems. The Berentzen Group is one of the oldest producers of spirits in Germany with a corporate history going back over 250 years. Today, it has a presence in more than 60 countries around the world with well-known brands like Berentzen and Puschkin and attractively priced private label products. In its Non-alcoholic Beverages segment, the corporate group produces mineral waters, carbonated and non-carbonated soft drinks under its own brands and also boasts more than 50 years of experience in the franchise business for soft drinks, currently acting as franchisee for BERENTZEN-GRUPPE AKTIENGESELLSCHAFT PO BOX 120 * 49734 HASELÜNNE * RITTERSTRASSE 7 * 49740 HASELÜNNE PHONE +49 (0) 5961 502 0 * FAX +49 (0) 5961 502 268 the Sinalco brand. In addition, the Berentzen Group markets innovative fresh juice systems under the Citrocasa brand in its third segment, thus serving the fast-growing market for modern, health-oriented drinks. The Berentzen-Gruppe Aktiengesellschaft share (ISIN DE0005201602) is listed on the regulated market (General Standard) of the Frankfurt Stock Exchange.

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