October 19 2020

Caldic appoints new CEO, Olav van Caldenborgh joins Board of Directors

Executive Management Change at Dutch Distribution Company

International producer and distributor of food ingredients and chemicals, Caldic B.V. (Rotterdam, The Netherlands) announced that its long-time CEO Olav van Caldenborgh will join the Board of Directors of Caldic Holdco B.V., where he will be taking on new responsibilities as non-executive director. He is to “strengthen Caldic’s leading food ingredients and specialty chemicals distribution market position and continue its strong growth trajectory.”


Olav van Caldenborgh,  who took over the CEO position 14 years ago, led Caldic’s transformation from a regional full-line distributor into a global distributor of food ingredients and speciality chemicals, the announcement said. This transformation included the divestment of the company’s Formaldehyde production and tank storage activities earlier this year. During this time, Caldic grew from a turnover of EUR 400 mn to EUR 900 mn, closing 20 M&A deals and giving the the group a differentiated specialty service offering.

 


In a related move, Alexander “Xander” Wessels has been appointed CEO and joined Caldic effective 12. October 2020. He is an industry veteran with over 30 years of food ingredient, pharma and chemicals experience. Before joining Caldic he was CEO of chemical company Archroma, where he earlier this year took over the Vice Chairman position. Previously he has held executive positions in DSM, heading the Food Specialties and later the Pharma Business Groups, Campina, ICI Plc. and Unilever N.V. Plc.

 

Source: Caldic press release

 

HGE – DCG / 19.10.2020

 

 

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