Rolf Börjesson appointed Chairman of Ahlsell AB
Ahlsell AB today announces the appointment of Rolf Börjesson as Chairman of the Board. He will take up his appointment on 1 February 2006.
Owned by a private equity consortium comprising Cinven and Goldman Sachs Capital Partners, Alhsell is one of the Nordic region's leading building materials distribution companies. It supplies products and peripheral services to professional users in the heating, plumbing, electrical goods, tools, refrigeration and DIY markets, and has sales of SEK 17bn (approx. €1.75 billion).
In addition to being non-executive Chairman of Rexam PLC, the global consumer packaging company and the world's leading beverage can maker, Mr Börjesson is also a non-executive Director of Avery Dennison, a global leader in label materials based in Pasadena, California and SCA, the global paper and packaging group and one of the world's largest pulp and paper companies, based in Stockholm, Sweden.
In a joint statement, Guy Davison, Partner of Cinven and Sanjay Patel of Goldman Sachs Capital Partners said today:
“We are delighted that Rolf Börjesson will become Chairman of Alhsell. His impressive business achievements make him a very valuable addition to the Board. His appointment will allow the company to continue to grow itself successfully.”