Today: September 22, 2018, 12:17 am

Kamux Oyj: Kamux Corporation announces appointment of Oliver Michels as Country Director Germany 2017-10-04 10:06:01

KAMUX CORPORATION   PRESS RELEASE   4 October 2017 at 11:00

Kamux Corporation announces appointment of Oliver Michels as Country Director Germany

Kamux Corporation is delighted to announce the appointment of Oliver Michels as Country Director at Kamux Germany and Managing Director of Kamux Auto GmbH.

Mr. Michels takes up his post at January 1, 2018 latest. Mr. Michels holds a Master's degree in Business Administration from the University of Cologne, Germany. Previously, Oliver Michels worked at GARPA as Chief Executive Officer. He has a strong experience in business consulting and retail from Roland Berger Strategy Consultants and he has worked as Managing Director at Orlen Deutschland. In addition, in his role as Member of the Board at Orlen Germany, Mr Michels gained strong experience in expanding the retail network, defining the customer journey and setting operational standards, as well as attracting new customer segments to ensure constant growth. At Kamux Corporation, Mr. Michels serves as a member of the Kamux Germany Management Team.

"Kamux is seeking for growth in all three market areas Finland, Sweden and Germany. Germany is by far our biggest market with most potential and that is why we are extremely delighted to have Oliver Michels to join Kamux. He has a good strategic understanding as well as excellent skills to implement necessary actions to drive the business forward", says Olli Kilpi, Director, International Business Operations at Kamux.

Customer experience in the focus

"Kamux wants to change car retailing with its unique concept and I am happy to be a part of Kamux's growth in the German market. Customer experience is definitely one of my key expertise areas, as well as developing business processes in a rapidly growing company. I see huge opportunities for Kamux in Germany" says Oliver Michels.

"In our international growth, combining Kamux concept with local expertise is essential. The depth of knowledge and range of professional experience that Oliver brings to this position make him well qualified to lead Kamux Germany", explains Olli Kilpi.  

"I am looking forward to working with a highly skilled Kamux team", says Oliver Michels.


Further enquiries

Olli Kilpi, Director, International Business Operations, Kamux, +358 40 674 1032

Kamux Corporation is a retail chain specializing in the sale of used cars and related integrated services that has grown rapidly. The first Kamux car showroom started its operations in 2003 in Hämeenlinna, Finland and the company currently has 40 car showrooms in Finland, nine in Sweden and two in Germany Since its foundation, the company has sold more than 150,000 used cars, of which 36,290 were sold in 2016. Kamux's revenue reached EUR 405 million in 2016. Kamux employed 552 employees at the end of 2016, of which 272 were permanent employees. The shares of Kamux are listed on Nasdaq Helsinki.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kamux Oyj via Globenewswire

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