Balco strengthens Group management

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In order to create a strong platform for further organic growth and to enable acquisitions, Balco now strengthens Group management.

Camilla Ekdahl becomes Managing Director of Balco AB in Växjö and COO of the Group with responsibility for all operations, production and purchasing within the Group.

Camilla Ekdahl, aged 52, comes from Pelly Group AB, where she was the Group's COO. Camilla Ekdahl has solid knowledge and experience from leading roles from a number of companies in the manufacturing industry. Camilla assumes her position as Managing Director of Balco AB and COO of Balco Group on October 1, and will also be part of Group management.

The company's current COO Johan Fälth becomes Head of Marketing for the Group and is also responsible for sales in our emerging markets.

This reinforcement frees up management capacity to cope with further growth.

Balco’s Group management from October 1:

Kenneth Lundahl                               President and CEO

Michael Grindborn                             CFO, Head of IR and IT

Camilla Ekdahl                                  VD Balco AB and COO

Johan Fälth                                       Export- and Marketing Director

Jesper Magnusson                           Head of Human Resources

Roger Andersson                              Head of Sales, Sweden and Norway

For more information, please contact:

Kenneth Lundahl, President and CEO, 070-630 20 57

Michael Grindborn, CFO and Head of IR, 070-670 18 48

Balco is a growth company offering high quality, innovative, patented and energy-saving balcony solutions. The company’s customised products contribute to enhanced quality of life, security and an increase in value for residents of multi-family residential properties. Through a decentralized and efficient sales process, Balco has control over the entire value chain – from production to delivery. The company, which was founded in Växjö in 1987 and which has over 400 employees, is a market leader in the Nordic region, and operates on several markets in northern Europe. Sales in 2018 amounted to SEK 1,058 M. Balco’s shares are listed on the Nasdaq Stockholm Stock Exchange.

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