Goldschmidt transformed into a limited liability company
19-Jan-2005
Effective January 10, 2005, the stock corporation Goldschmidt AG has been transformed into a limited liability company (GmbH). The Managing Directors of Goldschmidt GmbH are Manfred Recksik (Speaker), Head of Degussa's Oligomers & silicones Business Unit, and Dr. Claus Rettig, Head of the Care Specialties Business Unit, also of Degussa.
Dr. Heinz Rzehak, Head of Degussa's Performance Materials Division, has succeeded Degussa Management Board Chairman Prof. Utz-Hellmuth Felcht as Chairman of the Supervisory Board of Goldschmidt GmbH.
Having bought out the minority shareholders in Goldschmidt AG by a squeeze-out procedure in November 2003 and thus obtaining full ownership, Degussa is the sole proprietor of Goldschmidt GmbH.
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