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Vardis Supports Melle & The Gores Group

Vardis Proud To Support The Gores Group In Appointing Christian Meyer-Hentschel As Chief Executive

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Christian Meyer-Hentschel, the new CEO, was previously Head of International Key Account Management and Strategy at Viessmann. Meyer-Hentschel is to work with The Gores Group as the business increases investment to improve efficiency and to implement a Buy-and-Build-Strategy.

Before Viessmann, he held various P&L roles at subsidiaries of Saint Gobain Building Distribution, some of which required major change management and restructuring. He began his career at Karstadt Warenhaus and at Lagardère Services in Paris. He holds an MBA from Regensburg University.

Based in Hanau, Melle employs 500 people at 25 branches and generates €160m in revenues.

The Gores Group, a global Los Angeles-based investment firm, acquired Melle Dachbaustoffe GmbH and SIG Deutsche Dachbaustoffe GmbH from SIG plc (LSE: SHI), a leading distributor of building products in Europe, early in 2014.  Both Melle Dachbaustoffe and SIG Deutsche Dachbaustoffe are market leading specialist distributors of roofing products to the German market. The companies maintain an extensive multi-region branch network with a comprehensive product and service offering.

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