Langley veteran steps down at end of year

Alfred Rothlaender, the veteran manufacturing man brought in by Langley Holdings in February to head up manroland sheetfed's headquarter and production location at Offenbach in Germany, will step down at the end of the year.

Rothlaender (67) (pictured below) was called out of retirement in February when British industrialist Tony Langley and Langley Holdings PLC, the diverse capital equipment group he controls, acquired the press manufacturer.

"My task here is complete...." commented Rothlaender ".....Herr Langley asked me to step into manroland for one year following the acquisition which I agreed to do so. During this period no stone has been left unturned and I am satisfied that the company is now in good shape" he said.

Speaking this week at a dinner in Offenbach for management of the company's over three dozen subsidiaries from around the world Langley paid tribute to the former MD of Langley's other divisions' contribution: "I have worked with Alfred for over ten years and knew that when he agreed to do this the company would be in good hands. The post-acquisition heavy lifting is over now and with much thanks to Alfred, it has gone remarkably smoothly. I am personally very grateful that he agreed to come out of retirement to help with the transition and very happy that he will continue as a consultant to the manroland business in 2013".

About
Langley Holdings PLC (www.langleyholdings.com) is a multi-discipline engineering concern which, together with manroland sheetfed, will have sales in 2012 approaching one billion euros and around 4,500 employees. The group was established by it's eponymous owner in 1976 and has grown mainly by acquiring under-performing businesses in the capital equipment sector.

Principal divisions include: Claudius Peters, a plant machinery producer to the cement, gypsum and steel industries based near Hamburg, in Germany; Piller, a producer of power conditioning and back-up systems for data centres based near Hanover in Germany; ARO a producer of resistance welding machines for the automotive industry based near Le Mans in France.

Other Langley businesses include Bradman Lake, a producer of packaging machinery; Clarke Chapman, a builder of cranes for the nuclear industry and JND, the mini-conglomerate from which today's group was built. The manroland group is partly owned by Langley Holdings PLC and partly by an associate under common ownership. It is expected that manroland sheetfed will be fully incorporated into the Langley group during 2013.

Despite adopting the articles of a PLC in 1993, the Langley group remains 100% family owned and has no third party debt. Nevertheless, the group publishes, and widely circulates, its financial results believing that its’ subsidiaries' clients, suppliers, employees and other stakeholders have a moral right to know who is behind the companies they are engaged with.