Ratos: Per Frankling to be CEO of Creades
September 1, 2014 - London
This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules.
Per Frankling, Investment Director at Ratos, is leaving in order to become CEO of the investment company Creades in February 2015 at the latest.
"Per Frankling has worked at Ratos since 2000 and has made a substantial contribution to many successful deals for the company. I regret that we are losing an appreciated colleague but understand that this is an exciting challenge for Per. We wish Per the best of luck in his new role", says Ratos's CEO Susanna Campbell.
For further information, please contact :
Susanna Campbell, CEO Ratos, +46 8 700 17 00
Emma Rheborg, Head of Corporate Communications Ratos, 08-700 17 20
Financial calendar from Ratos:
|Interim report January-September 2014||7 November 2014|
|Year-end report 2014||19 February 2015|
|Interim report January-March 2105||7 May 2015|
|Interim report January-June 2015||14 August 2015|
|Interim report January-September 2015||6 November 2015|
Ratos is a private equity conglomerate. The company's mission is to maximise shareholder value over time through the professional, active and responsible exercise of its ownership role in primarily medium to large unlisted Nordic companies. Ratos's holdings include AH Industries, Aibel, Arcus-Gruppen, Biolin Scientific, Bisnode, DIAB, Euromaint, GS-Hydro, Hafa Bathroom Group, HENT, HL Display, Inwido, Jøtul, KVD, Mobile Climate Control, Nebula, Nordic Cinema Group and SB Seating. Ratos is listed on Nasdaq OMX Stockholm and market capitalisation amounts to approximately SEK 20 billion.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ratos via Globenewswire