Lindab announces management change in Building Systems business area
It has been mutually agreed that Venant Krier, Business Area Manager Building
Systems, will leave Lindab on December 5th. He is replaced as Business Area
Manager by Hans Berger who has many years' experience in managing Building
Systems businesses in both North America and Europe and who is currently
Business Unit manager for Lindab Inc in the US. Hans will also continue to have
responsibility for Lindab Inc.
Lindab's President and CEO, David Brodetsky, comments: "Venant Krier has
contributed greatly to developing the Building Systems business in many
different roles over the years and I wish him much success in the future."
"Hans Berger is a seasoned manager with a proven track record of success and I
have no doubt that his experience will benefit the continued recovery of the
Building Systems business."
End
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The information here is that which Lindab International AB has willingly
chosen to make public or that which it is obliged to make public according to
the Swedish Securities Market Act and/or the Financial Instruments Trading
Act.
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Contacts:
LINDAB
David Brodetsky, CEO
Email:david.brodetsky@lindab.com
Mobile: +46 (0)73Â 274 5418
Lindab - A Ventilation and Building Products company:
Lindab develops, manufactures, markets and distributes products and system
solutions primarily in steel for simplified construction and improved indoor
climate.
The business is carried out within three business areas, Ventilation, Building
Components and Building Systems. The products are characterised by their high
quality, ease of assembly, energy efficiency, consideration towards the
environment, and are delivered with high levels of service. Altogether, this
increases customer value.
The Group had net sales of SEK 6,527 m in 2010, was established in 31 countries
and had approximately 4,400 employees. The main market is non-residential
construction, which accounts for 80 percent of sales, while residential accounts
for 20 percent of sales. During 2010, the Nordic market accounted for 45
percent, CEE/CIS (Central and Eastern Europe as well as other former Soviet
states) for 22 percent, Western Europe for 29 percent and other markets for 4
percent of total sales.
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For
more information visit www.lindabgroup.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Lindab International AB via Thomson Reuters ONE
[HUG#1568485]
