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Jörgen Rosengren new CEO of Bufab

Jan 30, 2012

Jörgen Rosengren has been appointed new CEO of Bufab, the European market leader within industrial trading of fasteners and small parts for the general industry. He will accede as CEO and President during the summer of 2012.

Jörgen Rosengren, who has an M.Sc in Engineering, has been employed by the Husqvarna Group since 2004, most recently as global head of its handheld products, e g chainsaws. Previously, he held different positions within Electrolux and McKinsey & Company, as well as Philips Electronics in the Netherlands.

The appointment was a joint decision made by the owners, the board, and Bufab's present CEO and President Hans Björstrand, who very successfully built and developed the company since its foundation in 1977.

"I want to warmly welcome Jörgen to Bufab. With his broad international experience, he is well suited to further strengthen the company's position both in and outside Sweden", commented Sven-Olof Kulldorff, Chairman of the Board, Bufab.

"At the same time, I want to thank Hans, who in connection with Jörgen's access leaves his operative position in the company and instead will continue to support Bufab as a member of the board. Through a consistent focus on profitability and a long-term growth strategy during the past 35 years, Hans has led the construction of Bufab from the ground to become the leading supplier of Small Parts in the Nordic region, as well as one of the biggest and most profitable players in Europe. That is a fantastic performance."

For further information, please contact:

Sven-Olof Kulldorff, Chairman of the Board, Bufab
Mobile: +46 705 90 52 08

Bufab is market leading in fasteners and Small Parts for general industry. The range consists of more than 125 000 articles of screws, nuts, washers and special parts. Bufab´s head office is located in Värnamo, Sweden. Bufab has sales offices in Norway, Finland, Denmark, Germany, France, The Netherlands, UK, Ireland, Italy, Spain, Poland, Estonia, Hungary, Czech Republic, Slovakia, Austria, Romania Turkey, Russia, China, India, Taiwan and USA. Bufab has annual sales of 240 MEUR with740 employees. Nordic Capital Fund V is the owner of Bufab. Visit www.bufab.com for more information.

 

About Nordic Capital Private Equity Funds

Since the start in 1989, Nordic Capital Private Equity Funds have invested in large and medium sized companies, primarily in Northern Europe. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital creates value in its investments. The funds invest in companies in Northern Europe and in selected investment opportunities internationally. They are based in Jersey, Channel Islands, and are advised by the NC Advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK. Additional information about Nordic Capital is available through its corporate website, www.nordiccapital.com

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