RHI Magnesita Proposes New Board Member Backed by Rhône Capital

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RHI Magnesita Proposes New Board Member Backed by Rhône Capital

The latest update is out from RHI Magnesita NV ( (GB:RHIM) ).

RHI Magnesita N.V. has proposed Franz-Ferdinand Buerstedde as a Non-Independent Non-Executive Director at its 2025 Annual General Meeting. Buerstedde, a Managing Director at Rhône Capital, brings extensive experience in investments across various sectors and holds significant board experience. His nomination is backed by Rhône Capital, which holds approximately 24% of RHI Magnesita’s capital. This strategic move is expected to enhance the company’s board with Buerstedde’s expertise, potentially impacting its operations and market positioning positively.

More about RHI Magnesita NV

RHI Magnesita is a leading global supplier of high-grade refractory products, systems, and solutions essential for high-temperature processes in industries such as steel, cement, non-ferrous metals, and glass. The company operates with a vertically integrated value chain and serves a global customer base with over 20,000 employees across 65 production sites, 12 recycling facilities, and more than 70 sales offices. RHI Magnesita is listed on the London Stock Exchange and the Vienna Stock Exchange, and it is a constituent of the FTSE 250 index.

YTD Price Performance: 0.61%

Average Trading Volume: 19,268

Technical Sentiment Signal: Sell

Current Market Cap: £1.55B

Find detailed analytics on RHIM stock on TipRanks’ Stock Analysis page.

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