Organizational changes at Segulah

28 April, 2003

The following organizational changes have come into effect as of April 28th:

  • Christian Sievert, Investment Manager/Partner since 1997, assumes the position as Managing Partner
  • Gabriel Urwitz, Founder and Managing Partner, becomes Chairman/Senior Partner
  • Per Nydahl, Chairman since 1994, is appointed deputy Chairman, still engaged on a full time basis
  • Per Ove Morberg, formerly Executive Vice President of Saab and industrial advisor to Segulah since 2001, takes a seat on the Board of Directors

Segulah, www.segulah.se, phone: +46 8 442 89 50, Styrmansgatan 2, PO Box 5483, SE-114 84 Stockholm, SWEDEN

Segulah is a private equity company with the business concept to create value by owning and developing medium-sized companies in the Nordic area. This is done through two funds, Segulah I, L.P. and Segulah II, L.P., to which AB Segulah acts as exclusive investment advisor. AB Segulah is also the largest limited partner of the funds. Segulah is focused on management buy-outs, meaning that management and Segulah jointly acquire, control and develop the company. By using its highly qualified network of industrial advisors, Segulah provides the required experience to improve corporate performance. Segulah’s companies include NVS (HVAC-installer), Callenberg (marine engineering), Norfoods (food ingredients), Mr. Music (entertainment distribution), and OTRE (med-tech).

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