Daetwyler : 20. December 2018, Nomination of Jens Breu for Datwyler’s Board of Directors

20. December 2018

The Board of Dätwyler Holding AG has decided to nominate Jens Breu for election as a new Director and a further representative of the bearer shareholders at the Annual General Meeting to be held on 12 March 2019.

Since early 2016, Jens Breu has been CEO of the listed SFS Group, which generated annual sales of more than CHF 1.6 million in the financial year 2017 and employs 9,500 people. SFS precision moulded parts and mechanical fastening systems take on functions that are critical to the success of the customers' products. The most important markets are the automotive, electronics, construction, and medical industries. Jens Breu has occupied various positions for the SFS Group since 1995. Among other things, he was production manager in the US for eight years. In 2012, he was promoted to head of the industrial division, and in 2014, he was promoted to Chief Operating Officer. The 46-year-old Swiss national has a degree in mechanical engineering from the St. Gallen University of Applied Sciences as well as an MBA from Cleveland State University in the US. With his career of going from project manager to CEO within 21 years at the same company, Jens Breu embodies dynamics and reliability like no other.

'In Jens Breu we were able to gain a strong personality for the Datwyler Board of Directors. He has wide-ranging entrepreneurial experience, knows Datwyler's target markets, and is very familiar with the strategic issues of a global component supplier. With his determined manner, he will make an ideal addition to our board,' explains Paul Hälg, Chairman of Dätwyler Holding Inc.

Datwyler Group (www.datwyler.com)
The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. With its technological leadership and customised solutions, the Group delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Sealing Solutions division is a leading supplier of custom sealing solutions to global market segments, such as the health care, automotive, civil engineering and consumer goods industries. The Technical Components division is one of Europe's foremost high-service distributors of maintenance, automation, electronic and ICT components and accessories. With a total of some 50 operating companies, sales in over 100 countries and more than 8'000 employees, the Datwyler Group generates annual revenue of some CHF 1'300 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security number 3048677).

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Enquiries
Guido Unternährer, Head of Corporate Communications, [phone]

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Financial Calendar
Annual Press Conference and Analyst Conference: 8 February 2019
Annual General Meeting: 12 March 2019
Interim Report 2019 13 August 2019