Romaco Group Appoints New CFO
KARLSRUHE, Germany — Romaco Holding GmbH announced the appointment of Markus Kimpel as the new Group CFO as well as Managing Director of Romaco Pharmatechnik GmbH, the manufacturing facility in Karlsruhe, Germany. He will be taking over both positions from Carsten Strenger, who is leaving the company at his own request at the end of 2019. In the future, Kimpel lead the international Romaco Group’s management team together with Romaco CEO Jörg Pieper. He will simultaneously work alongside Markus Regner as joint Managing Director of Romaco Pharmatechnik GmbH. Kimpel will have responsibility for finance, controlling, IT and human resources both as CFO and in his role as Managing Director of Romaco Pharmatechnik.
In the course of a career spanning nearly 25 years, Kimpel has accumulated extensive management experience in the construction and automotive supplies industries as well as in the engineering sector. A native of Frankfurt, Germany, he has served in various management positions including Managing Director, CFO, Director Finance and Interim Plant Manager. Most recently, he was Managing Director and CFO at Alfing Special Machine Group as well as Group CFO at aluplast in Karlsruhe, Germany.
“We particularly value Markus Kimpel’s experience as a manager and as a proven financial specialist,” said Jörg Pieper, CEO Romaco Group. “With him on board the management team, we are optimally prepared for whatever commercial or processing challenges lie ahead of us. He will be a great asset for our company and a worthy successor to Carsten Strenger. I would like to take this opportunity to thank Mr. Strenger on behalf of everyone at Romaco for being such a great colleague to work with and wish him all the best for his professional future.”
Deutsche Beteiligungs AG sold the Romaco Group to the Truking holding in May 2017. A three-year plan was drawn up for Romaco’s integration into the operative Truking Technology Ltd. Romaco Holding GmbH and its subsidiaries will be transferred to the listed company Truking Technology Ltd. in 2020. Truking Technology Ltd., the Chinese pharmaceutical engineering group, has been listed on the Shenzhen stock exchange (SZSE) since 2014.
Romaco is a leading international supplier of processing and packaging equipment specializing in engineering technologies for pharmaceutical solids. The group provides individual machines and turnkey solutions for manufacturing and packing powders, granulates, pellets, tablets, capsules, syringes, and medical devices. Romaco also serves the food and chemical industries.
The Romaco Group has its headquarters in Karlsruhe, Germany, and is part of the Truking Group, a globally operating high-tech enterprise based in Changsha, China. Truking’s core competency is handling and filling pharmaceutical liquids.