German speciality chemicals company Lanxess AG has named 38-year-old Thomas Duletzki as the head of the mergers & acquisitions group function, effective 1 Jan.
He will succeed Marcel Beermann, who joined Lanxess' high performance materials business unit on 1 Nov, after having led the M&A group function for more than ten years.
Duletzki has been working for Lanxess in the mergers & acquisitions group function since 2014 and has successfully managed numerous growth projects.
Prior to this, Duletzki had worked with Evonik AG and investment bank Goldman Sachs.
In his new role, he will report directly to Lanxess CFO Michael Pontzen.
"The group function M&A plays a central role in our growth strategy. With Thomas Duletzki, we were able to recruit a proven expert from within our company for this important position," said Pontzen.