Effective December 31, 2019, Freudenberg, the global technology group acquired 100 percent of Filc shares. The purchase agreement was signed in November.
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Dr Frank Heislitz, currently Chief Technology Officer (CTO) of Freudenberg Performance Materials, will take over the position of Chief Executive Officer (CEO) of Freudenberg Performance Materials with effect from April 1, 2018. Dr Heislitz succeeds Bruce Olson, who will retire at the end of March 2018 after 11 years of outstanding work for Freudenberg.