Gunnebo Industries appoints a new CFO

Gunnebo Industries appoints a new CFO

Lars Axelson, who has been chosen as the new CFO at Gunnebo Industries, will
take over the position on 20 April. He will succeed Tor Hansen, the current CFO.

Born in 1961, Lars Axelson served most recently as Vice President Finance & CFO
of Scandic Hotels. He was previously employed as the CFO at ELFA, a distributor
of electronics, and Dahl Sverige AB. He has also held a number of top financial
positions at Ovako, Volvo and other companies.

Lars Axelson received an MBA degree from Karlstad University with a major in
accounting and financing.



For additional information, feel free to contact:

Jerker Höglund, CEO, Gunnebo Industrier AB
+46 70 456 46 80, jerker.hoglund@gunneboindustries.com

Lars Axelsson, Incoming CFO, Gunnebo Industrier AB
+46 709 73 52 67

Tobias Bülow, Director of Group Communications, Gunnebo Industrier AB
+46 703 38 93 10, tobias.bulow@gunneboindustries.com


Gunnebo Industrier AB is an international group of industrial companies that is
active in 15 countries and has around 50 major distributors/agents worldwide.
The group is engaged in the development, manufacture and marketing of chain and
lifting components, fastening systems for the building industry, blocks/systems
for heavy lifting, traction products and telescopic ladders. The organisation is
broken down into the Blocks, Fastening, Lifting, Telescopics and Traction
Systems business areas. Gunnebo Industrier markets well-known products in
established segments, and leads in each product and/or market area. Annual sales
amount to approximately SEK 2.2 billion, and the group has 1,450 employees. For
more information, see www.gunneboindustries.com