DGAP-News: KAP Beteiligungs-AG / Key word(s): Change of Personnel KAP Beteiligungs-AG: DR. ALEXANDER RIEDEL TO JOIN KAP BETEILIGUNGS-AG AS CFO 24.04.2018 / 16:04 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- DR. ALEXANDER RIEDEL TO JOIN KAP BETEILIGUNGS-AG AS CFO Fulda, April 24, 2018 - Fulda-based KAP Beteiligungs-AG (KAP) today announced the appointment of a new Chief Financial Officer. Dr. Alexander Riedel will join the firm's Management Board as CFO, effective as of May 1st. Alexander Riedel succeeds André Wehrhahn who left KAP in December 2017. Ian Jackson, Chairman of the Supervisory Board at KAP says: "We are very pleased to have Alexander join KAP. His extensive experience, having held senior positions both in an advisory capacity as well as at companies in the German Mittelstand will help strenghten KAP's managament team significantly. Together with the CEO, Guido Decker, Alexander will continue to drive KAP's growth strategy." Most recently, Alexander Riedel was a member of the management board at Albstadt-based Groz-Beckert KG, a leading provider of machine tools for the textile industry. Prior to that, Mr Riedel spent eleven years in various positions at KPMG Wirtschaftsprüfungsgesellschaft, becoming International Partner with responsibility for Advisory in [xx]. Mr Riedel trained as an industrial engineer and he holds further qualifications in tax and audit. KAP Beteiligungs-AG Guido Decker CEO Contact: Nadine Kaldenbach M: [email protected] T: +49 (0) 661 103 716 On KAP Beteiligungs-AG Industrial holding for small and mid-sized companies KAP Beteiligungs-AG is a listed industrial holding company that has been successful in the market for years. Along a segment strategy we invest in small and mid-sized companies which need a new ownership structure for a variety of reasons. Besides common reasons such as a lack of corporate succession, financing for new investment/expansion strategies, or improving the equity structure, we also offer a new home to those firms who were not able to develop their full potential yet as part of a larger conglomerate. Furthermore, we have a successful track record of buy-and-build strategies. --------------------------------------------------------------------------- 24.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: KAP Beteiligungs-AG Edelzeller Straße 44 36043 Fulda Germany Phone: 06611030 Fax: 0661103830 E-mail: [email protected] Internet: www.kap.de ISIN: DE0006208408 WKN: 620840 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart End of News DGAP News Service --------------------------------------------------------------------------- 678443 24.04.2018