News

CoBe Capital expands in Germany with the hiring of Dr. Knuth Schmidt as Director of Operations

March 1st, 2013
Dr. Knuth Schmidt joins CoBe Capital as Director, Operations - DACH.
Dr. Knuth Schmidt joins CoBe Capital as Director, Operations - DACH.
Dr. Knuth Schmidt is based in CoBe Capital's satellite office in Cologne, Germany.
Dr. Knuth Schmidt is based in CoBe Capital's satellite office in Cologne, Germany.

Cologne, Germany – CoBe Capital, a global private investment firm focused on the acquisition and management of non-core business units from large corporations, is pleased to announce the hiring of Dr. Knuth Schmidt as a Director of Operations for DACH.

An engineer by training, Dr. Knuth Schmidt has far reaching international business experience from his tenure as the General Manager of a diverse set of manufacturing companies from across the DACH region - Dynamit Nobel Kunststoff, Lista AG , Fridola Tech and TCG-Holding. Dr. Schmidt draws on his engineering and operations experience at companies including Daimler and Siemens, to bring a unique perspective on achieving growth and profitability at industrial manufacturers through strategic management, corporate development, international sales expansion, cost reduction and efficiency improvement.

Dr. Schmidt received his Diplom Ingenieur degree at the RWTH-Aachen and earned his Dr. Ingenieur title at the Forschungszentrum Jülich, Institute for Reactor Materials. He also earned a Diplom Wirtschaftsingenieur at the Hochschule für Berufstätige (AKAD) and further pursued advanced studies through Harvard Business School's Advanced Management Program. He is fluent in English and German and conversant in French and Spanish.

"We welcome Knuth to our family and believe he brings tremendous strengths to our investment model as we continue to build on our track record of successful turnaround of industrial operations in Europe," said Neal Cohen, Founder and Managing Director of CoBe Capital.

About CoBe Capital

CoBe Capital, a global private investment firm with a permanent capital base, specializes in the acquisition and operation of non-core and underperforming business units in the Americas and Europe from leading global corporations.  CoBe Capital owns and operates a diversified portfolio of companies and strives to achieve long-term growth based on lean management and continuous improvement business philosophies. CoBe Capital was founded by Neal Cohen in 1994.  For more information on CoBe Capital, please visit cobecapital.com.

Media Contact

Darren Chaffee
Tel. +1 (212) 338-0235 x1113
Email dchaffee@cobecapital.com