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Movers & shakers Jan. 5: Gehrt takes M&A lead at 'don't acquire us'-Clariant

Jan 05, 2016 - The Deal Pipeline
Board and Executive Moves

Swiss chemicals maker Clariant AG hired former UBS banker Alexander Gehrt as head of mergers and acquisitions and head of group treasury/risk management. Early last year, Clariant was rumored to be a target of Evonik Industries AG. CEO Hariolf Kottmann acknowledged and struck down the idea of an unsolicited bid, telling Swiss newspaper Handelszeitung "The entire industry knows that http://www.pipeline.thedeal.com/tdd/ViewArticle.dl?id=13092393|we don't want to be acquired." Hiring Gehrt could b...