Top Companies Report

6. hubergroup


6. hubergroup
MHM Holding GmbH
Feldkirchenerstrasse 15
85551 Kirchheim Heimstetten
Tel: +49-89-9003-0
Fax: +49-89-9003-222

Sales: $1.03 billion (€841 million).

Major Products: Sheetfed, coldset and heatset offset inks; solvent-based gravure inks for packaging; water- and solvent-based flexo inks for packaging; UV offset and flexo inks; security inks; screen inks; fountain solutions, varnishes and transfer inks.
Key Personnel: Thomas Hensel, CEO; Ursula Borgmann, chief technical officer.

Number of Employees: Approximately 3,500 worldwide.

Comments: hubergroup had a very strong year in 2011, as the company registered 3.5% growth to $1.03 billion in sales.Robert Doerffel, corporate communications Europe for hubergroup noted that hubergroup enjoyed a number of highlights during the past year, including growth in key markets as well as some new products.

“All the markets are interesting for the hubergroup,” Mr. Doerffel said. “Of course it is easy to surf the wave when a market is growing – and there still are some market segments and some regions growing. South America, India and China are highly interesting markets and we expect to grow with them. But especially the slower markets are a challenge and therefore worth every second of attention and effort in order to succeed in this very competitive environment.”

hubergroup’s excellent R&D team created a wide variety of new products this year across the gamut of printing processes. The company further expanded its NewV UV flexo inks, which are ideal for shrink sleeves, in-mould labels and other labels printed on synthetics, as well as its MGA low migration sheetfed printing ink system for food packaging. hubergroup invested in its manufacturing facilities to guarantee the safest GMP production workflow within the ink industry. To help printers keep up with the growing pressure in the commercial sector, hubergroup strengthened its line of fast drying offset inks. The company also launched its Acrylac water-based coating system.

Mr. Doerffel noted that raw materials remain a concern throughout the ink industry, as higher raw material prices are eroding margins, and cannot be compensated by reducing production costs alone.

“The situation has not significantly improved,” said Mr. Doerffel. “There is still high pressure on pricing and the raw materials are constantly growing in cost. Luckily it seems as if the raw material price increase is losing some of its velocity, but we still don’t expect a reverse development anywhere in the near future. It is more likely that the trend for higher prices will persist.”

Mr. Doerffel noted that the supply concerns over certain raw materials have subsided somewhat.

“One development we saw as a threat has not turned out as bad as we expected: the shortage of some raw materials has vanished more or less,” said Mr. Doerffel. “The situation for the ink industry is kind of similar as with the printing industry. The capacities for production seem to be quite a bit higher than the demand, with negative effect on the pricing structure of the produced goods.”

In April 2012, hubergroup announced major organizational changes within Europe and America. Michael Geiger was promoted to CFO of the hubergroup, succeeding Andreas Leidert, who resigned after 21 yearswith the hubergroup due to health reasons. Mr. Geiger has been with hubergroup since 2004.

“With his background in finance and his experience leading our region in North and South America for several years,” said Thomas Hensel, CEO ofthe hubergroup, “Michael is the perfect fit for this important position.”

Martin Weber succeeded Mr. Geiger aspresident Regional Unit North and South America. Mr. Weber started his careerwiththe hubergroup in Munich in 1989.He has held several managing positions within hubergroup, most recently in Hong Kong, where he developed new markets and new strategies in the Asia/Pacific region

“Martin will add great experience, especially in sales and marketing, to our markets in America,” said Mr. Hensel.

Heiner Klokkers will assume responsibility as president for the Europe region. He joined the hubergroup in 2004 as managingdirectorof Michael Huber Muenchen GmbH, and previously held leadership positions at BASF Printing Systems.

“With the international experience and his know-how, Heiner will successfully enhance our growth in this important market,” said Mr. Hensel.