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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