Solmax appoints Max Gaha as Chief Information Officer
We're pleased to welcome Max Gaha to Solmax as our new Chief Information Officer. With extensive experience leading global technology organizations and business transformation initiatives, Max joins our Executive Leadership to lead our worldwide IT function.
Solmax Appoints Olivia Schmidt as President, Americas
Solmax announces the appointment of Olivia Schmidt as President, Americas, reinforcing the company’s focus on disciplined growth and commercial execution across the region.
Solmax Appoints Yujing Liu as Managing Director, Asia Pacific
Solmax is pleased to announce the appointment of Yujing Liu as Managing Director, Asia-Pacific (APAC), effective August 1, 2026.
Solmax announced the successful completion of its comprehensive refinancing, strengthening the company's capital structure and providing a solid foundation for the next phase of its transformation and growth strategy.
The refinancing includes:
· The extension of the USD 100 million revolving credit facility maturing on May 27, 2030
· The extension of the USD 525 million Term Loan B facility, maturing on May 27, 2031
· The injection of USD 125 million new preferred equity
The successful completion of the refinancing reflects the continued support and confidence of Solmax's institutional shareholders, lending partners, and investors in the company's strategy, leadership team, and long-term outlook.
"This refinancing significantly strengthens our financial position and provides the flexibility needed to continue executing our transformation plan," said Bob Gilligan, President & CEO of Solmax. "With a more sustainable capital structure and strong backing from our financial partners, we can remain focused on improving operational performance, strengthening our competitiveness in key markets, and accelerating growth across the business. This positions us to invest in our people, capabilities, and customer-focused solutions while creating long-term value for all stakeholders."
The transaction advances Solmax's deleveraging objectives and provides additional financial flexibility to support the company's ongoing transformation initiatives, operational improvements, and growth opportunities across its global business.
As Solmax continues to build on its 2026 performance, discussions with shareholders and capital market participants will remain focused on delivering the transformation plan and generating sustainable long-term value.