Ole Kjörrefjord appointed new CEO of EuroMaint


Ole Kjörrefjord has been appointed as the new CEO of Ratos's wholly owned subsidiary EuroMaint. Ole Kjörrefjord, currently Chairman of EuroMaint's Board, will succeed Pether Wallin.
EuroMaint is one of Sweden's leading maintenance companies. Operations are conducted in three subsidiaries: EuroMaint Rail, EuroMaint Industry and EuroMaint Tracksupport. EuroMaint's subsidiaries are specialist companies that offer advanced maintenance services to the rail transport sector and manufacturing industry. Operations are conducted at 18 locations in Sweden, Latvia and the US.

"EuroMaint faces major and attractive development opportunities within all business segments. We in the Board are convinced that Ole Kjörrefjord with his sound background in the industry is well placed to continue EuroMaint's ongoing expansion in partnership with other members of management," says Wille Laurén, new Chairman of EuroMaint.
Ole Kjörrefjord will take up his position as CEO of EuroMaint at year-end. Wille Laurén has been appointed as the new Chairman of the Board.
Ratos's holding in EuroMaint amounts to 100%.

For further information, please contact:
Henrik Joelsson, Senior Investment Manager Ratos, +46 8 700 17 47
Ole Kjörrefjord, +46 70 874 15 51
Wille Laurén, Chairman of EuroMaint, +46 70 660 52 03
Clara Bolinder-Lundberg, Head of Corporate Communications Ratos, +46 8 700 17 63