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  • November 14th, 2017 | Company

    Sven Seidel to become Group Executive Board Member for Retail

    With effect from 01 April 2018 the top manager from the Schwarz Group is to become Executive Board Member Multichannel Retail at the Otto Group. The 43 year-old succeeds Neela Montgomery, who has taken over as CEO at the Otto Group company Crate and Barrel at her own wish.

  • November 2nd, 2017 | Company

    Carole Walker leads Hermes Europe

    Long-time Chief of Hermes UK has been appointed Chief Executive Officer of Hermes Europe, Hamburg. The experienced and highly successful manager takes over the leadership of all European logistics activities of the Otto Group from Donald Pilz.

  • Oktober 26th, 2017 | Company

    Project A invests in 3i portfolio company Lampenwelt

    Project A invests in 3i portfolio company Lampenwelt

    Berlin-based operational VC Project A today announces its agreement with London-based private equity group 3i to invest in Lampenwelt, Europe's leading online retailer for lighting fixtures.

  • Oktober 13th, 2017 | Company

    Otto Group signs international declaration for more certified wood

    Together with other well-known companies, the Otto Group has signed the so-called Vancouver Declaration of the Forest Stewardship Council® (FSC®) to highlight the need for responsible forest management. Thus, Germany's largest online retailer for furniture emphasises its ambition to offer its customers only wooden furniture products that comply with the standards of the FSC.

  • Oktober 12th, 2017 | Company

    Otto Group half-year results: online retail grows by 10 percent

    In the first six months of the 2017/18 financial year (to 28 February) the Otto Group maintained its strong position in online retail and raised its e-commerce turnover by around 10 percent. The development of positive results for the retail and services group continued, with sales increasing by some 7 percent on a like-for-like basis. The Otto Group’s ambitious growth strategy is delivering initial success.

  • Oktober 10th, 2017 | Company

    Every catch your perfect match: ABOUTYOU.NL is launching today

    Every catch your perfect match: ABOUTYOU.NL is launching today

    Around 60% of the Dutch population purchases clothing online, and starting on the 10th of October 2017, it will be even more fun and convenient for them to shop online, with the launch of the digital fashion shop ABOUT YOU in the Netherlands.

  • Oktober 5th, 2017 | Company

    collectAI manages 25m Euro in Receivables

    collectAI manages 25m Euro in Receivables

    collectAI, the service for digital receivables, has processed receivables at a volume of 25m Euro since its foundation in 2016. collectAI automates and digitises invoices, dunning and debt collection processes and is the first digital end-to-end provider in receivables management.

  • September 13th, 2017 | Company

    SevenVentures invests in the Mytoys Group

    SevenVentures invests in the Mytoys Group

    SevenVentures, the financial investment arm of the ProSiebenSat.1 Media Group, has taken a stake in the form of a media-for-equity investment in the Mytoys Group, part of the Otto Group, Europe’s No. 1 online retailer for family shopping. With overall revenues of EUR 556 million in the 2016/17 financial year, the Mytoys Group is one of Germany’s most successful e-commerce companies. The media-for-equity investment secures SevenVentures GmbH a low single-digit percentage stake.

  • August 2nd, 2017 | Company

    German Partnership for Sustainable Textiles: Otto Group publishes Roadmap

    As a member of the German Partnership for Sustainable Textiles initiated by the German Federal Government, the Otto Group has drawn up its own roadmap with individual targets for 2017. Following approval by external auditors, the international retail and services group has voluntarily published its own action plan, and has requested all Partnership members to secure the effectiveness and future viability of the Partnership.

  • Juni 13th, 2017 | Company

    CPI2 and SAC Announce Partnership: Digitalisation Helping Factories to Help Themselves Worldwide

    The industry initiative CPI2, launched by the Otto Group in 2012, has established a partnership with the world’s most important platform for the sustainable management of textile supply chains, the Sustainable Apparel Coalition (SAC). The common goal is to create synergies and minimise the negative social and environmental impact in global supply chains. Both initiatives provide know-how via digital channels, which manufacturers can use to improve their production processes independently and effectively.

  • Juni 2nd, 2017 | Company

    Otto Group issues 300 million-euro bond

    Otto Group, the globally active retail and services group, has successfully placed a bond issue totalling 300 million euros with a coupon of 1.875 per cent. The bond has a term of seven years.

  • Mai 17th, 2017 | Company

    Otto Group on strong growth track

    The Otto Group, the international retail and services group, achieved a clear rise in profitability in the 2016/17 financial year now closed and raised revenue by 3.4 per cent to 12.5 billion euros. This is the equivalent of 5 per cent turnover growth on a like-for-like basis. On this basis, to drive the Group further on this strong growth track, the Executive Board has a focused strategy and an ambitious target: 17 billion euros annual turnover by 2022 on a like-for-like basis.

  • Mai 4th, 2017 | Company

    Changes on the Otto Group Executive Board

    Neela Montgomery, Otto Group Executive Board Member for Multichannel Retail, takes over as her own decision and effective August 1, 2017 as CEO of the Group’s US-company Crate and Barrel, Northbrook, Illinois. Hanjo Schneider, Otto Group Executive Board Member for Services, will leave the Executive Board of the international retail and services group as planned at the end of the year. Both vacancies will be filled in due course.

  • April 25th, 2017 | Corporate Responsibility

    Otto Group expands range of sustainable furniture and intensifies use of FSC®-certified paper

    The proportion of FSC-certified products in the overall Otto Group furniture range rose to 46 per cent in 2016. The proportion of FSC-certified paper also rose to 34 per cent, with more sustainable paper being used for catalogues and other advertising materials than in previous years.

  • April 5th, 2017 | Company

    Dr Michael Otto receives German CSR Award 2017

    Dr Michael Otto, entrepreneur and Chairman of the Otto Group Supervisory Board, has received the highly renowned ‘German CSR Award for outstanding CSR Engagement’ for his commitment to sustainable business. The award ceremony was held on 04 April as part of the 13th German CSR Forum in Ludwigsburg.

  • April 3rd, 2017 | Company

    Otto Group sells Ratepay to Advent International and Bain Capital Private Equity

    The Otto Group has signed an agreement with Advent International (“Advent”) and Bain Capital Private Equity (“Bain Capital”) to sell Ratepay GmbH for an undisclosed sum. It is planned that Ratepay will be integrated with Concardis, the Eschborn-based payment service provider acquired by Advent and Bain Capital in January 2017. The closing of the acquisition of Concardis is still pending. Ratepay will retain its brand and will be managed as an independent company within the Concardis Group.

  • März 28th, 2017 | Company

    Otto Group – growth beats plan, profitability improves

    Otto Group, the international retail and services group, increased revenues for the 2016/17 financial year now closed by 5 per cent on a comparable basis, according to preliminary figures. Online revenues rose to almost EUR 7 billion, representing an increase of just under 10 per cent.

  • März 21st, 2017 | Company

    Otto Group significantly increases order quantity for sustainable cotton and saves 33 billion litres of water

    In 2016, the Otto Group increased its share of sustainable cotton to 49 percent, thus achieving another success with its ambitious sustainability strategy. Through the use of the certified sustainable cotton with the “Cotton made in Africa” (CmiA) label, more than 33 billion litres of water were saved. With its long-term textile strategy, the international retail and services group also contributes to the UN Agenda 2030 for Sustainable Development with its 17 Sustainable Development Goals (SDGs). Customers who buy articles from the Otto Group with the CmiA label thus actively contribute, among other things, to saving the precious resource of water, combatting poverty and improving the future viability of millions of people in Africa.

  • Februar 21st, 2017 | Company

    Forecast 2016/17: Otto Group’s global e-commerce revenues climb by € 615 million to almost € 7 billion

    In the current 2016/17 financial year (to 28.02) the Otto Group, the internationally active retail and services group, will raise its e-commerce revenues to almost € 7 billion (according to preliminary estimates). This represents revenue growth in its existing business of almost 10% or € 615 million. The Group’s online business in Germany generated almost € 5 billion, also seeing growth of almost 10%.

  • Februar 9th, 2017 | Company

    Sebastian Klauke to become Chief Digital Officer at the Otto Group

    Sebastian Klauke is to strengthen the Otto Group, the globally active retail and services group. A proven digitalisation expert, Klauke will hold the newly created position of Chief Digital Officer (CDO) as of 01 July 2017.

  • November 14th, 2017 | Company

    Sven Seidel to become Group Executive Board Member for Retail

    With effect from 01 April 2018 the top manager from the Schwarz Group is to become Executive Board Member Multichannel Retail at the Otto Group. The 43 year-old succeeds Neela Montgomery, who has taken over as CEO at the Otto Group company Crate and Barrel at her own wish.

  • November 2nd, 2017 | Company

    Carole Walker leads Hermes Europe

    Long-time Chief of Hermes UK has been appointed Chief Executive Officer of Hermes Europe, Hamburg. The experienced and highly successful manager takes over the leadership of all European logistics activities of the Otto Group from Donald Pilz.

  • Oktober 13th, 2017 | Company

    Otto Group signs international declaration for more certified wood

    Together with other well-known companies, the Otto Group has signed the so-called Vancouver Declaration of the Forest Stewardship Council® (FSC®) to highlight the need for responsible forest management. Thus, Germany's largest online retailer for furniture emphasises its ambition to offer its customers only wooden furniture products that comply with the standards of the FSC.

  • Oktober 12th, 2017 | Company

    Otto Group half-year results: online retail grows by 10 percent

    In the first six months of the 2017/18 financial year (to 28 February) the Otto Group maintained its strong position in online retail and raised its e-commerce turnover by around 10 percent. The development of positive results for the retail and services group continued, with sales increasing by some 7 percent on a like-for-like basis. The Otto Group’s ambitious growth strategy is delivering initial success.

  • August 2nd, 2017 | Company

    German Partnership for Sustainable Textiles: Otto Group publishes Roadmap

    As a member of the German Partnership for Sustainable Textiles initiated by the German Federal Government, the Otto Group has drawn up its own roadmap with individual targets for 2017. Following approval by external auditors, the international retail and services group has voluntarily published its own action plan, and has requested all Partnership members to secure the effectiveness and future viability of the Partnership.

  • Juni 13th, 2017 | Company

    CPI2 and SAC Announce Partnership: Digitalisation Helping Factories to Help Themselves Worldwide

    The industry initiative CPI2, launched by the Otto Group in 2012, has established a partnership with the world’s most important platform for the sustainable management of textile supply chains, the Sustainable Apparel Coalition (SAC). The common goal is to create synergies and minimise the negative social and environmental impact in global supply chains. Both initiatives provide know-how via digital channels, which manufacturers can use to improve their production processes independently and effectively.

  • Juni 2nd, 2017 | Company

    Otto Group issues 300 million-euro bond

    Otto Group, the globally active retail and services group, has successfully placed a bond issue totalling 300 million euros with a coupon of 1.875 per cent. The bond has a term of seven years.

  • Mai 17th, 2017 | Company

    Otto Group on strong growth track

    The Otto Group, the international retail and services group, achieved a clear rise in profitability in the 2016/17 financial year now closed and raised revenue by 3.4 per cent to 12.5 billion euros. This is the equivalent of 5 per cent turnover growth on a like-for-like basis. On this basis, to drive the Group further on this strong growth track, the Executive Board has a focused strategy and an ambitious target: 17 billion euros annual turnover by 2022 on a like-for-like basis.

  • Mai 4th, 2017 | Company

    Changes on the Otto Group Executive Board

    Neela Montgomery, Otto Group Executive Board Member for Multichannel Retail, takes over as her own decision and effective August 1, 2017 as CEO of the Group’s US-company Crate and Barrel, Northbrook, Illinois. Hanjo Schneider, Otto Group Executive Board Member for Services, will leave the Executive Board of the international retail and services group as planned at the end of the year. Both vacancies will be filled in due course.

  • April 25th, 2017 | Corporate Responsibility

    Otto Group expands range of sustainable furniture and intensifies use of FSC®-certified paper

    The proportion of FSC-certified products in the overall Otto Group furniture range rose to 46 per cent in 2016. The proportion of FSC-certified paper also rose to 34 per cent, with more sustainable paper being used for catalogues and other advertising materials than in previous years.

  • April 5th, 2017 | Company

    Dr Michael Otto receives German CSR Award 2017

    Dr Michael Otto, entrepreneur and Chairman of the Otto Group Supervisory Board, has received the highly renowned ‘German CSR Award for outstanding CSR Engagement’ for his commitment to sustainable business. The award ceremony was held on 04 April as part of the 13th German CSR Forum in Ludwigsburg.

  • April 3rd, 2017 | Company

    Otto Group sells Ratepay to Advent International and Bain Capital Private Equity

    The Otto Group has signed an agreement with Advent International (“Advent”) and Bain Capital Private Equity (“Bain Capital”) to sell Ratepay GmbH for an undisclosed sum. It is planned that Ratepay will be integrated with Concardis, the Eschborn-based payment service provider acquired by Advent and Bain Capital in January 2017. The closing of the acquisition of Concardis is still pending. Ratepay will retain its brand and will be managed as an independent company within the Concardis Group.

  • März 28th, 2017 | Company

    Otto Group – growth beats plan, profitability improves

    Otto Group, the international retail and services group, increased revenues for the 2016/17 financial year now closed by 5 per cent on a comparable basis, according to preliminary figures. Online revenues rose to almost EUR 7 billion, representing an increase of just under 10 per cent.

  • März 21st, 2017 | Company

    Otto Group significantly increases order quantity for sustainable cotton and saves 33 billion litres of water

    In 2016, the Otto Group increased its share of sustainable cotton to 49 percent, thus achieving another success with its ambitious sustainability strategy. Through the use of the certified sustainable cotton with the “Cotton made in Africa” (CmiA) label, more than 33 billion litres of water were saved. With its long-term textile strategy, the international retail and services group also contributes to the UN Agenda 2030 for Sustainable Development with its 17 Sustainable Development Goals (SDGs). Customers who buy articles from the Otto Group with the CmiA label thus actively contribute, among other things, to saving the precious resource of water, combatting poverty and improving the future viability of millions of people in Africa.

  • Februar 21st, 2017 | Company

    Forecast 2016/17: Otto Group’s global e-commerce revenues climb by € 615 million to almost € 7 billion

    In the current 2016/17 financial year (to 28.02) the Otto Group, the internationally active retail and services group, will raise its e-commerce revenues to almost € 7 billion (according to preliminary estimates). This represents revenue growth in its existing business of almost 10% or € 615 million. The Group’s online business in Germany generated almost € 5 billion, also seeing growth of almost 10%.

  • Februar 9th, 2017 | Company

    Sebastian Klauke to become Chief Digital Officer at the Otto Group

    Sebastian Klauke is to strengthen the Otto Group, the globally active retail and services group. A proven digitalisation expert, Klauke will hold the newly created position of Chief Digital Officer (CDO) as of 01 July 2017.

  • Dezember 6th, 2016 | Company

    Otto Group announces partial repurchase of bond (ISIN AT0000A0UJL6)

    The Otto Group announces that, starting as of today, it will start purchasing part of its 150 million euro bond (Coupon: 4.625%, Maturity: 29 September 2017, ISIN: AT0000A0UJL6) up to a maximum repurchase amount of 30 million euros in the open market. The open market repurchases will end at the latest at the time of maturity of the bond on 29 September 2017.

  • September 23rd, 2016 | Company

    Otto Group founds Otto Group Digital Solutions

    In founding Otto Group Digital Solutions (OGDS) the Otto Group’s objectives are to identify and develop attractive new business models in the retail-related service sector and establish these in the market. Responsibility for the Group’s major digital service companies will be held under the OGDS umbrella from now on.

  • Juli 21st, 2016 | Company

    Otto Group pitches short-term bond to institutional investors

    Owing to the current interest rate environment, where many banks are demanding penalty interest rates on their customers’ cash deposits, the Otto Group is offering institutional investors a safe haven for their liquidity with no loss of value. The global retail and services group has issued a 50 million euro bond with a three-month term and an annual interest rate of 0.14 percent.

  • Juni 29th, 2016 | Corporate Responsibility

    Otto Group expands FSC®-certified furniture assortment

    The share of sustainable products in terms of the Otto Group’s overall furniture assortment increased to 43% in 2015. As the largest online furniture retailer in the German-speaking region, the Group is a leader in this segment.

  • Oktober 26th, 2017 | Company

    Project A invests in 3i portfolio company Lampenwelt

    Project A invests in 3i portfolio company Lampenwelt

    Berlin-based operational VC Project A today announces its agreement with London-based private equity group 3i to invest in Lampenwelt, Europe's leading online retailer for lighting fixtures.

  • August 15th, 2016 | Company

    EOS Consolidated impresses with outstanding result

    EOS Consolidated impresses with outstanding result

    EOS Consolidated, which is headquartered in Hamburg, recorded a successful performance in fiscal 2015/16. Its EBT of EUR 181.4 million was well above the previous year’s result. The international debt collection company was also able to increase its sales to EUR 596.1 million.

  • Juli 5th, 2016 | Company

    EOS acquires French/Belgian debt collection service provider Contentia

    EOS acquires French/Belgian debt collection service provider Contentia

    On 1 July 2016, the international EOS Group acquired 100% of the shares in debt collection service provider Contentia in France and Belgium. The EOS Group already has a successful debt collection company in each of the two countries.

  • Juni 30th, 2016 | Company

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    Following a private sale process, the 3SI Group today signed an agreement to sell its multichannel stock-clearance business, Cogemag-Excédence, to Artmadis, BtoB distributors and France’s leading tableware and cookware company.

  • Juni 22nd, 2016 | Company

    Generational change at the helm of EOS Group: Klaus Engberding to become CEO

    Generational change at the helm of EOS Group:  Klaus Engberding to become CEO

    Klaus Engberding, responsible for the region Germany on the EOS Group Board of Directors, will take over the CEO position of the international leading provider of receivables management effective 1 March 2017. Hans-Werner Scherer, the current long-time and extremely successful CEO, is leaving the Group of his own volition in order to retire.

  • Juni 15th, 2016 | Company

    Series A: Homeday Wins Project A and Paua Ventures as Investors

    Successful Series A Financing Round: Homeday Wins Project A and Paua Ventures as Investors

    Cologne-based start-up Homeday announced the successful closing of their Series A financing round today. In May this year, the renowned venture capital companies Project A and Paua Ventures committed among others to investing a seven-figure amount in the rapidly growing company, which is active in the field of property technology (called “PropTech”) and has chosen to specialize in particular in the data-driven pairing of real estate agents with appropriate customers.

  • Juni 14th, 2016 | Company

    New executive management team at Bonprix

    New executive management team at Bonprix

    With Bonprix CEO Dr Marcus Ackermann’s move to the Otto Group Executive Board as of 01 January 2017, the international fashion company will have a reshaped executive management team. Bonprix’s own Markus Fuchshofen and OTTO’s Dr Richard Gottwald will join the current Executive Directors Rien Jansen and Dr Kai Heck on the Bonprix Executive Board.

  • Juni 1st, 2016 | Company

    Lost My Name: Project A Invests €4 Million alongside other partners

    Lost My Name: Project A Invests €4 Million Alongside Google Ventures, Greycroft and Allen & Co

    Early stage investor and operational VC Project A has announced an investment of 4 million euros in Lost My Name, one of the leading creators of personalized children’s content. With this extension of the Series A round, Project A joins the circle of renowned international investors, including lead investor Google Ventures, Greycroft and Allen & Co. Project A’s founding partner Florian Heinemann will also join the company’s board. Lost My Name’s first personalized children’s book “The Little Boy/Girl Who Lost His/Her Name” was one of the bestselling children’s book globally in 2015. With their second book, “The Incredible Intergalactic Journey Home”, they are well on their way to repeat this success.

  • Mai 31st, 2016 | Company

    3SI Group confirms the acquisition of Girard-Agediss and the sale of Becquet

    In line with its new strategic priorities, 3SI Group confirms  the acquisition of Girard-Agediss and the sale of Becquet

    Further to the approval of the French Competition Authority, 3SI Group has signed, on 30 May, the acquisition of Girard-Agediss, the French leader in the delivery of bulky items and furniture to professional customers, private individuals and internet users. Further to an open transfer process, 3SI Group has signed, on 31 May, the sale of Becquet to Domoti, a well-known distance seller headquartered in Marquette-lez-Lille.

  • Mai 19th, 2016 | Company

    E.ventures brings new capital to support full investment lifecycle

    E.ventures adds a new $150 million European early stage fund to its $1bn global fund family and hires new general partner

    Today, e.ventures is announcing the closing of a new $150 million early stage fund to target Europe’s best businesses and entrepreneurs, bringing e.ventures’ total assets under management today to more than $1 billion. This new fund, focused on seed and Series A rounds, will be deployed alongside an already active $290 million global growth investment vehicle which targets subsequent financing rounds, allowing entrepreneurs to gain the full benefit of e.ventures’ expertise through the full investment lifecycle.

  • April 20th, 2016 | Company

    Outpacing the market: Hermes Group achieves double-digit growth in 2015

    Outpacing the market: Hermes Group achieves double-digit growth in the 2015 fiscal year

    The Hermes Group, continuing years of successful growth, also records impressive figures in the 2015 fiscal year. The trade and logistics services provider based in Hamburg has increased its turnover by 11% to €2,460 million (€2,230 million in 2014). A key contributor to this was the fast-growing international parcel and logistics business, driven by the booming e-commerce.

  • April 11th, 2016 | Company

    Junomedical Launches Digital Medical Treatment Hub

    Junomedical Launches Digital Medical Treatment Hub

    Digital Health startup launches platform providing global access to high quality medical treatments.

  • März 25th, 2016 | Company

    The 3SI Group sells its retail activities

    The 3SI Group sells its retail activities

    As part of its new strategic course to focus on growing service activities, the 3SI Group has decided to sell all of its retail activities in France, Belgium, Spain, Germany, Austria and the Czech Republic.

  • März 7th, 2016 | Company

    Hermes Subsidiary BorderGuru becomes Logistics Partner of Alibaba and Cainiao

    Hermes Subsidiary BorderGuru becomes Logistics Partner of Alibaba and Cainiao

    BorderGuru, a wholly-owned subsidiary of the Hermes Group, has become the official contractual partner of China's Alibaba Group. With a gross merchandise value (GMV) of 452 bn USD and access to over 280 million customers, the Alibaba Group is currently the world's leading online retailer. Through its TMall Global shopping platform, Alibaba offers its Chinese customers popular international brands. On behalf of Cainiao, the logistics provider of the Chinese trading giant, BorderGuru GmbH is managing the whole logistics cross-border shipping process for European clients looking to sell on the booming Chinese market.

  • Februar 15th, 2016 | Company

    Camaïeu chooses Dispeo’s expertise for its multi-channel logistics

    Camaïeu chooses Dispeo’s expertise for its multi-channel logistics

    Order-picking logistics specialist Dispeo has just welcomed a new customer on board: Camaïeu. As part of a partnership due to begin in July 2016, France’s leading female clothing retailer will be availing itself of Dispeo’s services for its e-commerce activities and store flows management.

  • Januar 27th, 2016 | Company

    SportScheck: Chief Digital Officer joins the management board

    SportScheck: Chief Digital Officer joins the management board

    Jan Kegelberg, who has taken over the newly created position of a Chief Digital Officer at SportScheck in Munich in August, joins the management board of the company on February 1, 2016. In this role, he will be responsible for e-commerce sales, marketing and customer intelligence.

  • Januar 25th, 2016 | Employees

    MYTOYS GROUP launches TechLab in Madrid

    MYTOYS GROUP launches TechLab in Madrid

    The Mytoys Group, one of Germany's most successful E-Commerce companies, will open its first technology location outside Germany. MYTOYS plans to open a TechLab in Madrid.

  • Januar 11th, 2016 | Company

    The 3SI Group invests over €15 million in its subsidiary Mondial Relay

    The 3SI Group invests over €15 million in Mondial Relay

    To support the strong growth of its subsidiary's activities and to enable it to increase its market share in a rapidly expanding sector, the 3SI Group has introduced a plan to mechanise all of its Mondial Relay branches.

  • Dezember 21st, 2015 | Company

    Euler Hermes and EOS announce the sale of its joint venture Bürgel to CRIF

    Euler Hermes and EOS announce the sale of its joint venture Bürgel to CRIF

    Euler Hermes, the worldwide leader in trade credit insurance, and EOS, the international provider of financial services, announce today an agreement signed on Friday, 18 December 2015 with CRIF, a global company providing credit information services, credit and software solutions, headquartered in Bologna, Italy - for the share purchase of Bürgel Group (Bürgel). 100% of the shares will be transferred to CRIF.

  • Dezember 2nd, 2015 | Company

    Everett Hutt takes over as CEO of the French 3SI Holding

    Everett Hutt takes over as CEO of the French 3SI Holding

    The former Chief Financial Officer Everett Hutt (46) will take over as CEO of the 3SI Holding in December 2015. Denis Terrien (50), who has managed the transformation of 3SI Group since 2009, is leaving the company at his own wish and in best consent.

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