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About RHI Magnesita

RHI Magnesita is the entity formed by the merger between Magnesita and RHI.

RHI Magnesita Headquarter Location

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Latest RHI Magnesita News

First Hydrogen appoints new Chief Financial Officer to support the automotive and energy company’s growth

Jun 6, 2022

First Hydrogen appoints new Chief Financial Officer to support the automotive and energy company’s growth written by LLB Reporter 6th Jun 22 12:01 pm First Hydrogen Limited has appointed Carlo Alberto D’Amicis as Chief Financial Officer, to support the automotive and energy company’s growth. Mr. D’Amicis joins First Hydrogen from RHI Magnesita N.V., a global leader in refractories with annual revenues of €2.5 billion, listed on the London Stock Exchange, where he led a 120-person global finance team situated in over 15 countries as a Senior Finance Executive. Mr. D’Amicis held the position of CFO Americas for RHI Magnesita; his responsibilities included integration of the business post-merger between RHI and Magnesita, which provided him with valuable experience in restructuring their business and developing shared service centers while helping to drive consistent gross margin expansion. Prior to RHI Magnesita, Mr. D’Amicis was a Senior Finance Executive for Magnesita where he helped the business toward the successful merger with RHI and the subsequent IPO on the London Stock Exchange. Mr. D’Amicis has also held senior management positions at PwC and KPMG; and is a Certified Accountant and a Certified Public Auditor in the Italian Public Register. Having worked for international engagements for public companies listed in Europe, the UK and the U.S., Carlo brings extensive experience in leadership, corporate strategy, listings and transactions including M&A and carve-outs. In his role at First Hydrogen Limited, Carlo will support the Company’s C-suite to deliver its first hydrogen-powered light commercial vehicles (LCVs) and establish environmentally sustainable green hydrogen production sites. Mr. D’Amicis’ experience will also hugely contribute to First Hydrogen’s long-term strategy: developing a full hydrogen solution company with Green Hydrogen production, hydrogen vehicle production and hydrogen mobility fuel delivery services and make the transition to zero emissions transport easy and affordable for its customers. Nick Wrigley, Chairman at First Hydrogen said, “Carlo’s appointment signifies further growth for First Hydrogen as the company goes to the next stage in its development. We are at an exciting point where our first hydrogen fuel cell demonstrator vehicles will start testing in the next few months and we are establishing our first green hydrogen production sites in the UK. “At the same time, government and investor attention is on hydrogen as part of the solution to the global carbon challenge. Carlo has great experience in leading multinational companies and will support us to take the company further in its mission to secure a zero-emission future.” Carlo Alberto D’Amicis, Chief Financial Officer for First Hydrogen Automotive added, “I am proud and excited to be joining First Hydrogen as Chief Financial Officer. With carbon neutrality becoming one of the world’s most urgent missions, First Hydrogen will play a key role in decarbonizing the transport industry. “This is a unique opportunity to be part of a forward-thinking and game-changing company with a truly talented international team fully committed to the development of a more sustainable future. I am excited and privileged to start this new journey and help First Hydrogen build the path toward a zero-emission value chain.” Leave a Commment

RHI Magnesita Acquisitions

2 Acquisitions

RHI Magnesita acquired 2 companies. Their latest acquisition was Magnesita on October 27, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/27/2017

$99M

Merger

1

10/27/2017

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$99M

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10

Date

10/27/2017

10/27/2017

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Merger

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Sources

1

10

RHI Magnesita Partners & Customers

4 Partners and customers

RHI Magnesita has 4 strategic partners and customers. RHI Magnesita recently partnered with Oracle on February 2, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

2/8/2022

Vendor

United States

1

6/24/2021

Partner

Brazil

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10

11/9/2011

Vendor

Norway

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10

11/9/2011

Vendor

Norway

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10

Date

2/8/2022

6/24/2021

11/9/2011

11/9/2011

Type

Vendor

Partner

Vendor

Vendor

Business Partner

Country

United States

Brazil

Norway

Norway

News Snippet

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Sources

1

10

10

10

RHI Magnesita Team

4 Team Members

RHI Magnesita has 4 team members, including current Chief Executive Officer, President, Stefan Borgas.

Name

Work History

Title

Status

Stefan Borgas

Chief Executive Officer, President

Current

Eduardo Ferraz

Movile, GP Investments, BTG Pactual, and Banco Santander

Chief Financial Officer

Former

Christoph Jandl

Senior Vice President

Former

Hannes Hoehmueller

Controller

Former

Name

Stefan Borgas

Eduardo Ferraz

Christoph Jandl

Hannes Hoehmueller

Work History

Movile, GP Investments, BTG Pactual, and Banco Santander

Title

Chief Executive Officer, President

Chief Financial Officer

Senior Vice President

Controller

Status

Current

Former

Former

Former

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