Lifco’s Board of Directors has today taken the decision to terminate Fredrik Karlsson’s position as CEO since the Board of Directors and Fredrik Karlsson have not succeeded in reaching an agreement about his future remuneration.
Per Waldemarson, currently vice CEO, takes on the position as deputy CEO until further notice.
Chairman of the Board
Phone +46 31 741 64 02
Media and investor relations manager
Phone +46 730 244 872, e-mail firstname.lastname@example.org
This information constitutes information that Lifco AB is required to publish under the EU’s Market Abuse Regulation. The information was submitted for publication through the aforementioned contact person on 7 February 2019, at 8:30 a.m. CET.
Lifco offers a safe haven for small and medium-sized businesses. Lifco’s business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy implying that the company has a long-term view on its holdings, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At the end of 2017 the Lifco Group consisted of 138 operating companies in 29 countries. In 2017 Lifco reported EBITA of SEK 1,732 million on net sales of SEK 10.0 billion. The EBITA margin was 17.3 per cent. Read more at www.lifco.se.