Johan Arvidsson appointed new CEO of Diab
Johan Arvidsson has extensive experience from senior positions at Nolato. He is currently Executive Director and President of Nolato’s Industrial Solutions business area and part of the company’s management team. He will assume the position of CEO of Diab by October 2022 at the latest.
“We are delighted that Johan Arvidsson will be taking on the role as CEO of Diab. He is very knowledgeable about the industry and has extensive international experience and a track record as a strong leader. We believe that the next phase of Diab’s development should take place under new leadership. At the same time, we want to thank Tobias Hahn who, during his time as CEO, has developed and strengthened Diab as a company, primarily in the wind segment,” says Joakim Twetman, Chairman of the Board of Diab and President Business Area Industry, Ratos.
Per Magnusson, a Board member of Diab since 2018, has been appointed as interim CEO until Johan Arvidsson takes over.
“I very much look forward to leading Diab into the future. There are major changes taking place in the world that we need to take into consideration, and I am convinced that Diab, with its talented employees and world-class products, has a bright future ahead. I want to thank Ratos for the trust they have placed in me and look forward to getting started,” says Johan Arvidsson, incoming CEO of Diab.
About Diab
Diab is a global company that helps its customers with high strength, low weight structures through strong technical expertise, manufacturing and processing of core sandwich composite material. Diab’s high-performance core materials and solutions all over the world, for example in boats, vessels, aircraft and other means of transport and in wind turbines. The various core materials have unique combinations of characteristics such as low weight, high strength, insulation properties and chemical resistance. Diab has production units in Sweden, Italy, the US, China, Lithuania and Ecuador combined with 14 sales units around the world.
For further information:
Joakim Twetman, Chairman of the Board of Diab and President Business Area Industry, Ratos,
+46 70 339 16 66
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
About Ratos
Ratos is a business group consisting of 13 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2020, the companies have approximately SEK 36 billion in sales. Our business concept is to develop companies headquartered in the Nordics that are or can become market leaders. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas for Ratos. Everything we do is based on Ratos’s core values: Simplicity, Speed in Execution and It’s All About People.
“Alliance will execute an aggressive global growth strategy, and there is no one more timely, skilled, or better suited to lead Alliance than Pat. His operational expertise, global experience, long-term relationship-driven nature, and exceptional communication skills are a perfect fit for Alliance,” explained Dave Patteson, Chairman of the Board at Alliance and a Partner at Ampersand, Alliance’s principal owner.
Ben von Schulz joined Avedon in 2016 and re-joined in 2020 after a year at ECM Equity Capital. Prior, ben worked at the Debt Advisory Group of DC Advisory and at the Investment Banking Division of Canaccord Genuity. Ben holds a Master of Global Management from Queen’s University, Canada and a M.Sc. in Finance from Maastricht University.
Willem van de Veer joined Avedon Amsterdam in 2019. He previously worked for 3 years at Volpi Capital, a London-based private equity firm focused on tech-enabled services. Prior to this he spent almost 4 years at Gupta Strategists, the leading healthcare strategy consultancy. Before, he was a medical doctor practicing Surgery in Amsterdam. Willem holds a medical degree and PhD in molecular biology from the VU University Amsterdam, and an MBA from London Business School.
Leo Hartwich joined Avedon in 2018 following an internship and is now part of the Düsseldorf office. Before that, he worked in the Finance & Treasury department of Adidas Group for two and a half years and gained experience in the Corporate Finance department of Fresenius SE. Leo holds a Master of Finance (M.Sc.) from the Frankfurt School of Finance and Management.
Sebastian van den Berg joined the Avedon team in Amsterdam in 2020. Prior, he worked as an Associate in the Consumer, Retail & Healthcare – and the Financial Institutions Group at Goldman Sachs. Sebastian holds a MSc in Quantitative Finance from the Erasmus University Rotterdam.
Huge congratulations to these individuals for their well-deserved promotions, all of whom have made considerable contributions in their different roles. 2021 has been another landmark year for Nordic Capital, with a successful virtual fundraise, a high pace of investment and exit activity and an intense focus on active ownership across Nordic Capital’s portfolio of market-leading businesses. The success of Nordic Capital is testament to the strength and commitment of our team and these promotions reflect the personal achievement of these highly deserving individuals.