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Ferronordic AB

Ferronordic AB

Lars Corneliusson proposed to move to a role as Executive Chairman of the Board. Subject to AGM approval of this proposal, Henrik Carlborg to be appointed as new CEO

Ferronordic's Nomination Committee has notified the Board of Directors that it intends to propose Lars Corneliusson as Executive Chairman of the Board at the upcoming Annual General Meeting on 15 May 2025. Lars Corneliusson has informed Ferronordic's Board of Directors that he intends to continue as CEO until further notice but that he wishes to move to the new role provided t ...

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25.03.2025
Ferronordic AB

Ferronordic AB

Ferronordic expands to the USA – acquires one of the country’s largest Volvo Construction Equipment dealers

Ferronordic has entered into an agreement to purchase Rudd Equipment Company, Inc. ("Rudd"), one of the largest dealers of Volvo CE in the United States with operations in all or parts of nine states. Ferronordic thereby takes its first step to expand into the important US market. The purchase price amounts to USD 95.0m, corresponding to 5.8 x 2022 adjusted earnings ...

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14.11.2023