Philion makes management changes, Aptus 1206 acquires shares from managers

Wednesday 12 June 2019 | 13:48 CET | News

German mobile retailer Philion said that Frank Demmler is stepping down as member of the board of directors and managing director, while Rene Streuber is resigning from the management of Philion subsidiary Fexcom. Steffen Anders remains the managing director of Fexcom.   

The changes in the management team have been mutually agreed as part of the development of the group into an omni-channel provider in the German telecommunications market. Aptus 1206 has acquired a large block of shares from Demmler, Streuber and Anders. The three will remain shareholders of Philion. Demmler will be available to the company as an adviser.

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Categories: Mobile & Wireless
Companies: Philion
Countries: Germany
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