Management changes in Addtech

Addtech has appointed Per Lundblad as Business Area Manager of Power Solutions, and Claus Nielsen as Business Area Manager of Industrial Process.

Per Lundblad has most recently been Business Unit Manager within Power Solutions at Addtech and replaces Niklas Stenberg, who will from now on entirely focus on his role as President and CEO. Claus Nielsen has previously worked as Business Unit Manager within Industrial Process at Addtech, and will replace Anders Claeson.

As previously communicated, Martin Fassl is new Business Area Manager of Components. He replaced Patrik Klerck, who in turn has been appointed Business Area Manager of the newly formed business area Automation.

“I am very pleased to welcome Per, Claus and Martin to the Group Management. With these additions, we get a management team that provide both depth and width, covering all five business areas. I am confident that this is the right team to head Addtech’s continued growth journey”, says Niklas Stenberg, CEO.

Anders Claeson will assume a new role as senior advisor to the Group Management, and will remain Executive Vice President.

”We are very pleased that we will be able to continue to gain from Anders’ long experience and deep knowledge of Addtech”, says Niklas Stenberg.

Changes are effective from April 1, 2019.

Stockholm, March 28, 2019

Addtech AB (publ)

For further information, please contact
Niklas Stenberg, CEO Addtech AB, +46  8 470 49 00


 
Addtech is a technology trading group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 2 600 employees in around 130 subsidiaries that operate under their own brands. The Group has annual sales of about SEK 9,5 billion. Addtech is listed on Nasdaq Stockholm.

This information was submitted for publication on March 28, 2019 at 2.00 p.m (CET).


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Addtech is a technology trading group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 2,900 employees in more than 130 subsidiaries that operate under their own brands. The Group has annual sales of more than SEK 10 billion. Addtech is listed on Nasdaq Stockholm.

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