Mikael Stöhr

A Coor reborn

16 June was a momentous day for us at Coor, when it became our turn to ring the ceremonial opening bell at Nasdaq Stockholm Exchange, and record the first trading day of the Coor share. We are now a listed company, with a widespread and broad ownership base.

At this time, we also concentrated our business by separating our industrial services and FM operations. Our industrial services arm is now operating as an independent company, Coor Industrial Services Group (Coor ISG).

But what does all this mean for customers of the FM provider Coor Service Management? Well, on the one hand, not that much. We’ll be continuing as we’ve always done—delivering and continuously developing our services so they support your core business. With our strong and competitive offering, and satisfied customers, we’re laying the foundation of stable progress and creating value.

We’ll be continuing as we’ve always done—delivering and continuously developing our services so they support your core business.

Mikael Stöhr, President and CEO, Coor Service Management

On the other hand, we also think that our customers will benefit from our listed status. Firstly, this is a seal of quality. A lot of our customers set high standards on their service management provider, and as a listed company, we’ll be even more transparent. Another benefit is that we become more publicized, and thus more recognized, which hopefully, will make it easier to attract good employees and customers. Additionally, due to the listing, we’ll get access to the international capital markets.Last, but not least, our IPO will revitalize our business. It’s a milestone in our history, and we’ll gain strength from the optimism and confidence within our company. Now, more than ever, we want to show what we can do. We’ll be managing the trust our customers and new shareholders have put in as well. Our objective is to exceed all expectations.

Welcome to a Coor reborn!

Mikael Stöhr
President and CEO, Coor Service Management Stockholm, Sweden,
August 2015

Mikael Stöhr

Mikael Stöhr

President & Group CEO

+46 (0)10-559 59 35

mikael.stohr@coor.com