Ratos AB: Peter Nilsson appointed as new CEO of Speed Group

Ratos AB: Peter Nilsson appointed as new CEO of Speed Group

ID: 497611

(Thomson Reuters ONE) -


Peter Nilsson has been appointed as the new CEO of Speed Group, a Swedish
logistics and staffing services provider. After six years with the company,
Catrin Wirfalk has chosen to leave Speed Group to pursue new challenges.

Peter Nilsson has extensive experience from senior positions in the logistics
industry, most recently as Managing Director of DHL's Norwegian and Swedish
supply chain operations, and previously held various executive positions at
Tetra Pak. Peter will assume his new role as CEO of Speed Group in October.
Since Ratos's acquisition, Peter has been a member of Speed Group's Board of
Directors, sharing his extensive expertise from the logistics industry. In July,
Ingvar Nilsson took over as Chairman of Speed Group. Ingvar joined the Board
from his role as Regional Director for Northern Europe at Schenker and, along
with Peter, has strengthened the company's expertise in the area of logistics.

"Over the past few years, Catrin and her colleagues have successfully developed
Speed Group into a leading Swedish company in its market segment. Speed Group's
business model, which combines logistics services and specialised staffing, has
given the company a competitive offering in areas which Peter, with his
extensive experience, can further develop. We continue to see excellent
potential in Speed Group's business model and strong position in an attractive
market niche," says Henrik Joelsson, Investment Director at Ratos.

Ratos acquired 70% of the shares in Speed Group in 2015. The company's founder
owns the remaining 30%. The company has approximately 1000 employees and sales
of SEK 536m for 2015.

For further information, please contact:
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20
Henrik Joelsson, Investment Director, +46 8 700 17 47


Financial calendar from Ratos:
Interim report January-September 2016           10 November 2016




Year-end report 2016                                     17 February 2017
Interim report January-March 2017                  8 May 2017
Interim report January-June 2017                    17 August 2017
Interim report January-September 2017            6 November 2017


Ratos is an investment company that owns and develops unlisted medium-sized
Nordic companies. Our goal as an active owner is to contribute to long-term and
sustainable business development in the companies we invest in and to make
value-generating transactions. Ratos's portfolio consists of 21 medium-sized
Nordic companies and the largest segments in terms of sales are Construction,
Industrials and Consumer goods/Commerce. Ratos is listed on Nasdaq Stockholm and
has a total of approximately 16,100 employees.


Press release (pdf):
http://hugin.info/1180/R/2045187/763908.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Ratos via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 28.09.2016 - 13:03 Uhr
Sprache: Deutsch
News-ID 497611
Anzahl Zeichen: 3451

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