Concentric AB appoints Boris Gavric as Senior Vice President Engines & Thermal Solutions

Concentric AB has appointed Boris Gavric as Senior Vice President Engines & Thermal Solutions.  The appointment of Boris from 1 October 2022 will be pivotal in delivering profitable growth through the execution of our global electrification strategy. 

Boris holds an MBA from Michigan State University with Component in China, Master of Science degree in Biomedical Engineering from Wayne State University, Bachelor of Applied Science degree, Mechanical/Materials Engineering and Bachelor of Science in Biology degree, both from University of Windsor, Ontario.

Martin Kunz, President and CEO of Concentric AB commented, “we are delighted that Boris is joining the Group. Boris brings a wealth of international senior leadership experience in manufacturing and automotive sectors. With a proven track record of achieving profitable growth, Boris will be a key member of the Group Senior Leadership Team”.

For additional information please contact Martin Kunz, telephone +44-121-445 6545

Concentric AB is an innovator in flow control and fluid power, supplying proprietary systems and components to the world’s truck, agricultural machinery, construction equipment and industrial applications end-markets. The company has a global manufacturing presence including in the UK, USA, Germany, Sweden, India and China. Concentric’s focus is to develop world class technology with innovative solutions that meet the sustainability needs of our customers. Concentric offers engine products including lubricant, coolant and fuel pumps, hydraulic products encompassing gear pumps and power packs, and finally several key technologies for the fast growing market for electrical and hybrid powertrains. In 2021, The Group had a turnover of MSEK 2,115 and circa 1,100 employees. At the end of October 2021, The Group acquired Engineered Machined Products, Inc. ("EMP"), a leading US producer of electric and mechanical water and oil pumps, electric fans, thermal management systems and precision machined components. In 2021, EMP had over 400 employees and a turnover of  SEK 1,011 million. Including EMP for the whole year 2021, Concentric would have had a combined turnover of SEK 2,958 million.