GÖTEBORG, Sweden–(BUSINESS WIRE)–Regulatory News:
Bulten AB (STO:BULTEN):
The Chairman of Bulten’s Board of Directors, Roger Holtback, has announced that he, after ten years on Bulten’s Board of Directors, will decline re-election at the forthcoming Annual General Meeting on 29 April 2015. Also Arne Karlsson, after in total eight years as board member, and Adam Samuelsson, after ten years as board member, will decline re-election.
“After more than ten exciting and successful years, it is time to take on new challenges, not least in my own business group. Since the beginning of 2014 Bulten’s market capitalization has developed strongly, the financial position is strong, Nordic Capital has left as owner, the organic growth has increased by over 30% and the production in the factory in Russia has started. In addition, division Finnveden Metal Structures has been sold in an industrially sound transaction and Bulten has become a clearly focused business with a new and inspired executive team”, says Roger Holtback.(…)
