Relais Group Plc: Lennart Sjöblom appointed Head of M&A and Business Development, and member of the Group Management Team
Relais Group Plc: Lennart Sjöblom appointed Head of M&A and Business Development, and member of the Group Management Team
Relais Group Plc, Company Release 11 June 2021 at 9.00 a.m. EET
Lennart Sjöblom, BSc (Finance) has been appointed Head of M&A and Business Development and member of the Group Management Team of Relais Group Plc, starting from 2 August 2021. Previously Mr. Sjöblom has been working as M&A Director at Ahlsell Group in Sweden, and prior to that as Associate Director at Carner Corporate Finance in Finland.
CEO Arni Ekholm comments:
“Growth by acquisitions is a cornerstone of Relais Group’s strategy, and going forward, we will accelerate our acquisition activities even further. I am therefore very happy to be able to warmly welcome Lennart Sjöblom to join our team. Lennart brings with him a strong experience of running acquisition processes on a Nordic level and contributes significantly to our capabilities in this area. I wish him the best of luck and success in this new important role.”
Relais Group Plc
Board of Directors
For further information, please contact:
CEO Arni Ekholm
Email: arni.ekholm@relais.fi
Telephone: +358 40 760 3323
Certified adviser:
Evli Bank Plc
Telephone: +358 40 579 6210
Distribution:
Nasdaq Helsinki Ltd
Financial Supervisory Authority
Main media
www.relais.fi
Relais Group Plc in brief
Relais Group is the leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We are an industrial operator with a sector focus in vehicle life cycle enhancement and related services. We also serve as a growth platform for the companies we own.
We are a profitable company seeking strong growth. We carry out targeted acquisitions in line with our growth strategy and want to be an active player in the consolidation of the aftermarket in our area of operation. Our acquisitions are targeted at companies having a good strategic fit with our group companies.
Our net sales in 2020 was EUR 128.9 (2019: 98.9) million and we employed almost 300 professionals in six different countries. During 2021, we have already made three acquisitions. The combined net sales of the acquired companies total to almost EUR 92 million. Following the acquisitions, we employ more than 800 professionals. Our share is listed on Nasdaq Helsinki Ltd's Nasdaq First North Growth Market Finland with the stock symbol RELAIS.