MBB SE appointed Dr. Jakob Ammer as a further Executive Director with effect from 1 July 2021. As COO of the group, he will be responsible in particular for the development of the subsidiaries. Jakob Ammer has been part of the MBB team since 2020 and previously advised private equity and industrial companies at Bain & Company. He completed his doctorate at the Witten Institute for Family Business on the topic of family succession. From 1 July 2021, the new management of MBB SE will consist of Dr. Constantin Mang as CEO, Torben Teichler as CIO and Dr. Jakob Ammer as COO. Dr. Christof Nesemeier will become Executive Chairman (Chairman of the Board of Directors and Executive Director) under the monistic corporate constitution. Gert Maria Freimuth becomes Deputy Chairman of the Board. Gert-Maria Freimuth and Dr. Christof Nesemeier founded the company 25 years ago and together hold more than 65% of the shares. Both founders hold their shares for the long term.
MBB SE, formerly MBB Industries AG, is a German-based private equity firm specializing in acquisitions of established medium-sized industrial companies. The Company makes investments in entities seeking to sell off a part of their business or the entire operation, perhaps as part of a succession process; selling a subdivision or an affiliated entity that no longer forms part of the organization's core business, and seeking for a management buyout or buy-in. It targets investments in firms with turnovers of 10 million euros and above. Its portfolio consists of Aumann AG, specializing in e-mobility, coil winding and automation, CT Formpolster GmbH, a producer of flexible polyurethane foams, Delignit AG, a supplier of ecological hardwood-based materials, DTS IT AG, a cloud computing and cyber security provider, Hanke Tissue Spolka Z O.O., a producer of tissue paper, and OBO-Werke GmbH, a supplier of products for model construction, toolmaking and mould production, among others.