Appointment of Nicolas Beyl as Chief Executive Officer of the Single Group


We are pleased to announce that Nicolas Beyl will take over as Chief Executive
Officer of the Single group and of Single Holding GmbH as of December 1, 2020. He
succeeds Frank Spork, who has managed the company on an interim basis since
March 2020. Frank Spork will concentrate on his role as Director Product
Management and will continue to lead Single’s efforts in that area. We thank Frank
Spork for his tireless efforts and capable leadership during the transition phase in the
Single group leadership.
Nicolas Beyl (51) who holds a Master’s degree in Mechanical Engineering, brings
extensive knowledge of the plastics and rubber machinery industries as well as a
wealth of management and leadership experience. Over the past 14 years, he has
held various leadership positions at the KraussMaffei Group, a leading manufacturer
of plastics and rubber machinery. From 2012 until 2020, he was Managing Director of
KraussMaffei Technologies, responsible for the Reaction Process Machinery division,
and was also a member of the Group’s Executive Committee. Before that, he was
head of technology in KraussMaffei’s Injection Molding division. Before joining the
KraussMaffei Group, he was a Principal at the Boston Consulting Group, advising
companies in the machinery and automotive industries on strategic and operational
Tim Talaat, Chairman of SIHAG, the parent of the SINGLE Group, stated: “Nicolas
Beyl, brings a wealth of experience and strong leadership to the SINGLE Group. I am
convinced that under Nicolas Beyl’s guidance the SINGLE Group will be able to
successfully master the next phase of our development”.
About Single: Single is the market leading supplier of powerful and energy-efficient temperature
control technology. A globally operating supplier of powerful and energy-efficient temperature control
and cooling technology on the world market, with a correspondingly expanded international
manufacturing, sales and service network. The range of products and services at a high level of quality
and innovation, as well as the international presence, guarantee high availability, reliable service and
fast, flexible processing worldwide.