December 22 2023, David R Brown

Korinna Möller-Boxberger and Frank Haug have assumed sole ownership of Bodo Möller Chemie since Viola Möller's departure on December 7, 2023, with Frank Haug now the majority shareholder. The company thus remains a cross-generational family enterprise which is future-proofing its operations. In line with its slogan Fit for Future 2030, the company aims to focus heavily on sustainability, digitization, and technology in the future.

We'll expand operations in the energy storage, battery, mobility and aerospace sectors significantly, ensuring the company's stability as it moves forward

Frank Haug
Chairman of Bodo Möller Chemie Group

With the exit of Korinna's sister Viola Möller, Korinna Möller-Boxberger and Frank Haug now form the new shareholder duo at Bodo Möller Chemie. Möller-Boxberger has been associated with the company since childhood and took up a role in its Executive Management in 1996. “Both of us will continue to position my father's company for future success and proactively develop solutions for the challenges on our markets through strong partnerships,” affirms Möller-Boxberger in reference to the new ownership structure.

Haug has closely steered and actively advanced the company's growth to date - from a turnover of 6 million euros and twelve employees in 2000 to a globally active company today with a turnover of 200 million euros and 340 employees worldwide. After completing his polymer chemistry studies and starting as a consultant for Bodo Möller Chemie in 1998, Haug became Chairman of the Board in 2000 and has also been a shareholder since 2005. In these roles, he has transformed the company from a shipping operator to an application specialist with technical know-how and consultancy competence. “Bodo Möller Chemie's core expertise is translating chemical knowledge into construction,” says the new majority owner. “Using this mechanical understanding, we'll expand operations in the energy storage, battery, mobility and aerospace sectors significantly, ensuring the company's stability as it moves forward.”

Bodo Möller Chemie has set itself ambitious goals for the future and aims to triple its turnover of 200 million euros by 2030. The company's strategic direction is centered on sustainability, digitization, and innovative future technologies. “The consistent focus on future technologies in particular is firmly anchored in our corporate strategy. That's why we consistently invest in enhancing our technology expertise and further developing our Adhesive Competence Centers in Poland, China, India, and the US,” explains Haug. The company also plans to advance its global expansion significantly over the coming years.

About Bodo Möller Chemie
Bodo Möller Chemie is a distributor and solution provider, uniting the technological solutions of various market leaders with over 50 years of experience in process and application technology under one roof. From a family business Bodo Möller Chemie has developed into a global player trusted by major chemical companies such as BASF, DuPont, Dow, Henkel and Huntsman. Key markets include Adhesives & Sealants, Coatings and Surface Technologies, Composites, Electronics, Lubricants, Plastics and Textiles. In 2022, Bodo Möller Chemie reported revenues EUR 222M and had 340 employees worldwide.

Source(s): Bodo Möller Chemie Press Release

Further Information

Visit: https://bm-chemie.com