Gunnebo Industrier AB appoints new CEO

Gunnebo Industrier AB appoints new CEO

Jerker Höglund, who has been appointed as the new CEO of Gunnebo Industrier AB,
will take over on 9 March. Christer Lenner, the current CEO, will contribute to
the company's ongoing growth and development as a member of the Board.

”Gunnebo Industrier is one of Sweden's most distinguished companies," says Mr
Höglund. "I feel privileged to have been offered this opportunity, and I am
looking forward to working with the company's employees as we face the
challenges of the future."

Mr Höglund, who was born in 1970, is currently CEO of Dellner Couplers, an
international company that supplies and services couplers and associated
products. Previously he was a site manager at ABB Automation Technologies AB in
Sollefteå and Key Account Manager at Allgon Mobile Communications. He has a
Master of Engineering from Chalmers University of Technology and an M.B.A. from
the Stockholm School of Economics."During the 24 years (7 of which as CEO) that Christer has worked for Gunnebo
Industrier, the group has undergone major changes, recently achieving rapid
growth and solid profitability," says Board Chairman Jörgen Centerman. "We
deeply value the broad, thorough experience that he has acquired and that will
be a key ingredient in his ongoing contributions as a member of the Board. We
are also happy to have recruited and hired Jerker Höglund as our new CEO."


For additional information, feel free to contact:

Jörgen Centerman, Chairman of the Board, Gunnebo Industrier AB
+46 8 442 89 50

Jerker Höglund, Incoming CEO and President, Gunnebo Industrier AB
+46 704 56 46 80, j.hoglund@dellner.se

Christer Lenner, CEO and President, Gunnebo Industrier AB
+46 705 91 03 05, christer.lenner@gunneboindustries.com

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