Preparations initiated for potential public listing within two years
The Board and the principal owner of packaging company Nefab today announced that the preparations to enable a sale of shareholding of Nordic Capital Fund VI (“Nordic Capital”) will be initiated, with the main goal to be a public listing within two years. Nordic Capital owns the company together with the founding Nordgren/Pihl family, which jointly bought out the company from the Stockholm stock exchange in August 2007.
In conjunction with this decision, the current President and CEO, Stefan Ekqvist, has decided to leave his post at the end of the year. Stefan will then transfer to the function of regional manager for Asia and remain a member of the management team. David Mörk has been appointed as new President and CEO.
David has worked for Nefab in various functions since 2000, of which the past five years as regional manager for Asia, based in China. Nefab has a strong market position in China, with a...