LUBECK [Germany], March 6 (ANI/PRNewswire): With the shareholder decision and entry in the German Commercial Register, it's official: Possehl Erzkontor GmbH & Co. KG is now CREMER ERZKONTOR GmbH & Co. KG. This step is part of the Road#2024PLUS strategy and transformation launched three years ago. With the name change, Erzkontor draws closer to the Hamburg family company CREMER, which acquired the shares of this Lubeck-based raw materials trader in 2014. "We decided that the right time had come to underline ERZKONTOR's affiliation with the CREMER company network," said Dr Ullrich Wegner, CEO of Peter Cremer Holding, Hamburg. "We are proud of our joint success story since acquiring ERZKONTOR ten years ago. This renaming creates transparency and the basis for continued shared growth. In the coming years, we will benefit even more from each other with a coordinated strategy." With the renaming to CREMER ERZKONTOR, the over 100-year history of Possehl Erz
LBECK, Germany, March 14, 2023 /PRNewswire/ CREMER ERZKONTOR, the international raw material management company from Germany, recently opened a new subsidiary in Asia, in Chennai, India. This move gives the company a new point of contact, from which it can serve its Indian customers and suppliers even better going forward. In addition to expanding the trading business locally, the office will help with accessing new raw materials and sources. "As a global player it's important for us to closely follow the latest market developments. With our new subsidiary in India we're ensuring that we can quickly respond to demand from our customers," said Nicol Tomaschewski, Head of Region Asia at CREMER ERZKONTOR. "Subsidiary Director Ananthanarayana Nonavinakere will take care of supplying our customers with raw materials and expanding our customer roster. This step is part and parcel of our business expansion strategy in Asia." After Hong Kong, Dalian and Beijing, C