Ulf Wretskog becomes President of Coor Sweden

Coor Service Management currently has sales of over SEK 7 billion and over 5,500 staff Nordic wide. The recently announced acquisition of service management provider Addici, currently being considered by competition regulators in Sweden and Norway, will mean the company gaining another 1,300 employees and sales of SEK 1 billion.

Ulf Wretskog will become President of the Swedish business, which currently represents some 75% of the Nordic group's sales, at year-end. Ulf Wretskog has been working for Coor Service Management in various executive roles since 2001, mainly in the Finnish and Swedish businesses.

"It's going to be really enjoyable to take on responsibility for the Swedish business, which I already know well. We're facing exciting challenges, and I feel really enthusiastic about this task," commented Ulf Wretskog.

Ulf Wretskog succeeds Staffan Ebenfelt, who has headed up the Swedish operation for 12 years. Staffan will remain a member of the Executive Management Team (EMT) and primarily focus on ensuring the positive integration of Addici.

"Staffan has meant a lot to Coor's positive progress. But after 12 years heading up the Swedish business, he wants to move onto something else. I'm pleased that Staffan will remain with this operation, and that he is being succeeded by Ulf Wretskog. Ulf has been with Coor a long time, and has the qualities and drive necessary to continue running the Swedish business," responded Mats Jönsson, CEO and President of Coor Service Management.

For more information, contact:

Mats Jönsson, Koncernchef och VD, Coor Service Management
+46 8 553 950 50, mats.jonsson@coor.com

Åsvor Brynnel, Kommunikationschef, Coor Service Management
+46 70 600 73 21, asvor.brynnel@coor.com

Ulf Wretskog, Tillträdande vd, Coor Service Management i Sverige
+46 8 53 95 940, ulf.wretskog@coor.com