Tobias Hahn has been appointed new CEO of Diab, a global manufacturer of core materials for sandwich composite structures with its main production facilities in Sweden, Italy, the US and China. Lennart Hagelqvist is leaving after six years as CEO of the company.
Tobias Hahn has ten years of operational and international experience as division manager at the Atlas Copco Group. He most recently served as President of Industrial Assembly Solutions. Prior to this, Tobias was Managing Director of ITT Flygt (Xylem) in Sweden and the US. Tobias will assume his new role as CEO of Diab in September.
"We would like to thank Lennart for his work as CEO over the past six years. Diab has attractive long-term potential for improved profitability and growth. The company's current focus is to improve earnings through a number of activities. We believe that Diab has good potential moving forward and that Tobias's successful experience as a leader of global operations will play a key role in the future development of the company," says Jonas Wiström, CEO of Ratos.
Diab is a global company that develops, manufactures and sells core materials for sandwich composite structures used in, among other objects, leisure boats, wind turbine blades and components for aircraft, trains, industrial applications and buildings. The company reported sales of SEK 1,439m in 2017.
For further information, please contact:
Jonas Wiström, CEO, Ratos, +46 8 700 17 00
Helene Gustafsson, Head of IR and Press, Ratos, +46 8 700 17 98