New management structure strengthens Ambea’s Norwegian operations

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Following the Company’s expansion and growth in Norway in 2016, Ambea is now taking a comprehensive approach to strengthen the Norwegian operations. Truls Navestad, currently head of Heimta, one of three companies acquired by Ambea in Norway, has been appointed as Head of Norway from August 1st 2017. Truls Navestad will also become a new member of Ambea’s Leadership team.

In 2016 Ambea acquired three companies that provide support and residential facilities for people with disabilities, and opened seven Ambea-operated residential facilities in Norway.

We are focusing on ensuring that all of our companies and divisions deliver high quality. We are combining the best from Sweden and Norway to build a strong Norwegian organisation. Ambea has more than 20 years of experience in the care sector, and this, combined with the branch expertise present in Norway from the local management team and Truls Navestad as head of daily operations, form a strong foundation to build upon”. Truls started and has successfully managed Heimta for several years and we feel he is the right person to take the operation to the next level”, says Ambea’s CEO Fredrik Gren.

“It is exciting and an honour to be given this opportunity to combine the knowledge and systems that have made Ambea a quality leader in Sweden with our Norwegian experience. The goal is long-term growth towards a market-leading position in Norway,” says Truls Navestad.

“We are investing simultaneously to build a platform that will make us a leading quality player and to ensure long-term growth in Norway. We are overhauling the organisation, integrating administrative functions to quality-assure our routines and financial management, and to introduce and adapt our state-of-the-art management system Qualimax for Norway. We are also offering our specific care services training courses, such as care leadership, the low arousal approach etc.,” says Fredrik Gren.

In addition to Truls Navestad, a new CFO is appointed and together with a HR Manager, Quality Assurance Manager and Marketing Manager a strong management team is established to develop Ambea's Norwegian operations.

The current Head of Norway Agneta Lindgren, who has worked with disability issues within Ambea for 17 years will take on a senior advisory role, working with Ambea’s CEO, and will also continue to contribute with her expertise to the Leadership Team and to Truls Navestad in his new role.

For more information, please contact:

Louise Tjeder, Director IR and Strategy
Telefon: +46 731 43 17 68
E-mailt:
louise.tjeder@ambea.se

Nanna Wedar, Director Communictations
Telefon: +46 70 166 58 88

E-mail: nanna.wedar@ambea.se

Ambea is present within care services and has around 14,000 employees. Ambea offers services within disabled care, individual and family care and elderly care, with a focus on residential care and own management. We strive to be the quality leaders in all we do – and our vision is to make the world better, one person at a time. As of December 31, 2016, Ambea had approximately 6,200 beds and 1,300 school-/daily activity-placements in around 460 units across Sweden and Norway. Total sales and adjusted EBITA for the 2016 financial year amounted to SEK 5,409 million and SEK 456 million. The company was founded in 1996 and its head office is located in Solna, Sweden. Ambea is listed on Nasdaq Stockholm. www.ambea.com

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