STOCKHOLM, Sweden, Aug. 16, 2005 (PRIMEZONE) -- As of October 1st, Johan Soderstrom will join Munters as President MCS Division (Moisture Control Services). He will be member of Munters Group Management.
Munters is since July 1st organized in three global Divisions; Dehumidification, MCS and HumiCool. The MCS Division has yearly net sales of 2.1 billion SEK and 1,700 employees. Mr. Soderstrom has extensive experience from various positions within the ABB Group both in Sweden and Switzerland. Previously, Johan Soderstrom comes from ABB Automation Technologies, where he held a position as Senior Vice President and was Head of Automation Products, Sweden and Global Marketing & Sales Manager for Automation Products.
Lennart Evrell Chief Executive Officer Munters AB
For further information, please contact:
CEO Lennart Evrell tel: +46 8 626 63 03 mobile: +46 70 588 15 15 CFO Bernt Ingman tel: +46 8 626 63 06 mobile: +46 70 672 74 54 VP Corp. Communications Soren Sjostrom tel: +46 8 626 63 08 mobile: +46 70 600 22 44
Munters is the world leader in humidity control with services and products for water and fire damage restoration, dehumidification, humidification and air cooling. Customers are found in a wide range of segments, the most important being insurance-, utilities-, food-, pharma- and electronics- industries. Manufacturing and sales are carried out via the Group's own companies in more than 25 countries in Europe, Americas, and Asia. The Group has 3,064 employees and net sales of SEK 4,543 million. Munters is listed on Stockholmsborsen, the Stockholm Stock Exchange. For more information see www.munters.com
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