Markus Kalberer leaving the Condecta Group

Markus Kalberer has been Managing Director of the Condecta Group (Industrial Services Division) since October 2004. During that time, he has made a decisive contribution to the company's success and to boosting its sales and performance. With acquisitions such as Otto Hagenbuch & Fils S.A. in 2006 - the current Condecta Romandie S.A. - MobiToil in 2009 and Siegrist Platten AG in 2011, he has continually strengthened the range of services offered by the group. In December 2009, he was appointed a member of the Extended Group Executive Management of the Looser Group. Markus Kalberer is stepping down from his functions at his own request. After ten years at the Condecta Group, he wishes to pursue a new professional direction.

The recruitment process for a successor to Markus Kalberer has been launched. Until a successor has been found, members of the Condecta management will take over his duties on an interim basis. Tim Talaat, CEO of the Looser Group, will be providing the team with active support.

The Board of Directors and Group Executive Management would like to thank Markus Kalberer for his valuable contribution to the development of the industrial services business over the past few years and wish him all the best for the future in his private and professional life.