Martin Nyström appointed CEO for Troax
Hillerstorp, January 18, 2024, 12:00 CET
Martin Nyström has been appointed new CEO for Troax Group AB. Martin will succeed incumbent CEO Thomas Widstrand, who in accordance with previous announcement will leave for pension retirement after more than 16 years as CEO for Troax. Martin will assume his position no later than mid-July 2024.
Martin Nyström long background from leading positions within the Sandvik Group, and is currently President for the Stationary Crushing and Screening division within Sandvik Rock Processing Solutions. Before that, he worked as management consultant within Applied Value Group. Martin has a MSc in Industrial Engineering & Management from Linköping University.
We are very glad to welcome Martin to Troax. Martin´s broad industrial and international experience together with his leadership and strategic abilities made us convinced that he is the right person to lead Troax through opportunities and challenges on its continued profitable growth journey.
Troax Group AB (publ)
For further information, please contact:
Anders Mörck, Chairman of the Board, +46-706-465211
Thomas Widstrand, CEO, +46-370-82831
This information is information that Troax Group AB publ is obliged to make public pursuant to the EU Market Abuse regulation 596/2014. The information was submitted for publication, through the agency of the contact persons set out above, at 12:00 CET on the 18th of January 2024.
About Troax
Troax is the leading global supplier of indoor perimeter protection (“metal-based mesh panel solutions”) for the market segments: Machine guarding, Warehouse partitioning and Property Protection. Troax develops high quality and innovative safety solutions to protect people, property and processes.
Troax Group AB (publ), Reg. No. 556916-4030, has a global organisation with a strong sales force and efficient logistics setup, enabling local presence and short delivery times in 45 countries.
In 2022 Troax net sales amounted to around 284 MEUR and the number of employees amounted to about 1 100 persons at the end of 2022. The Company’s head office is located in Hillerstorp, Sweden.
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