18 April 2016

Ventec International Group Strategically Streamline European Operating Structure image

18th April 2016 - Ventec International Group, a world leader in the production of polyimide & high reliability epoxy laminates and prepregs, announce management changes relating to Ventec Europe with the purpose to strategically streamline the European operating structure to accelerate future growth in the region.

With immediate effect, Ventec's European operation will be led by Thomas Michels as Managing Director Ventec Europe. In this role, Ventec's UK and Central Europe Business Units as well as Ventec Option Limited (Option Technologies) will report to Michels. Michels assumes his new role from, and reports to, Mark Goodwin, who joined Ventec in 2007 and has served as Chief Operating Officer for Europe & USA since 2013. Goodwin will continue his role as COO with responsibility for Ventec's Overseas Business Units, reporting to CEO Tony Lau.

The promotion forms part of Ventec's phased and strategic global growth plan and follows the recent announcement of an intended merger with TMT Trading GmbH, which was founded in 2003 by Michels who successfully transformed the company into a leading distributor of PCB base-materials including consumables and flex- & rigid-flex circuit board materials. The merger will widen Ventec's product offering and enable a one-stop-shop for customers of laminates and PCB base materials.

"Ventec's reputation in Europe and indeed globally is growing exponentially and I am delighted to play my part in Ventec's wider success," says Michels. "I am committed to building upon that success and the strong position of the European organization to create a combined portfolio of solutions through innovation, quality and reliability. I am encouraged by the growing number of clients who are increasingly looking to Ventec as their strategic partner for high quality PCB materials & consumables."

Tony Lau, Ventec International Group's CEO commented: "Both Mark and Thomas are instrumental in driving our European and wider company transformation. Much of our success is attributed to their commitment to delivering high performance and growth through their perseverance and enterprising spirit. The restructuring and appointment of Thomas to lead our European business is richly deserved, and Mark handing over his direct responsibility for the UK, allows him to focus on his wider responsibilities for all of Ventec's overseas business units. I look forward to continuing our close cooperation as Ventec further strengthens its market position in the coming years.Â" For more information about Ventec's solutions and the company's wide variety of products, please visit www.venteclaminates.com.