latest news releases from the newsroom
Lars Renstrom, President and CEO of Seco Tools, Leaves the Company
FAGERSTA, Sweden, April 27, 2004 (PRIMEZONE) -- Seco Tools President and CEO Lars Renstrom has been offered and accepted to take up the position as President and CEO of the Alfa Laval Group. Lars Renstrom has six months' notice. The Seco Tools Board of Directors will begin the work to find his successor as soon as possible.
Lars Renstrom new CEO and President of Alfa Laval
STOCKHOLM, Sweden, April 27, 2004 (PRIMEZONE) -- The Alfa Laval Board of Directors has today appointed Lars Renstrom new CEO and President of the Alfa Laval Group. Lars Renstrom is presently CEO and President of Seco Tools, a leading provider of tools to the machining industries around the world listed on the Stockholm Exchange.
SCA improves distribution and production structure for tissue on the Iberian Peninsula
STOCKHOLM, Sweden, April 27, 2004 (PRIMEZONE) -- As a result of the acquisition of the Nisa, Marpo, Panosa and CartoInvest companies, SCA's volumes on the Iberian tissue market have grown to approximately 150,000 tons in 2003. The Spanish market for consumer tissue has shown annual growth of slightly more than 5%, which is expected to be sustained. Today, SCA is the market leader, with a market share of about 35% in consumer tissue. In the retailers' brand (private label) segment, the market share is about 56%. Through a number of structural measures, operations have been concentrated to only four industrial sites on the Iberian Peninsula, of which three in Spain and one in Portugal.