Upon Max Lagerstedt's appointment, Magnus Ström will step down as CEO. Magnus has played a key role in navigating S:t Eriks Group through a prolonged downturn in the construction market. Under his leadership, the company has implemented extensive measures to align costs with prevailing market conditions and has begun transitioning sales and production towards more profitable segments. The handover comes at a point where the conditions are right for a new CEO to take over.

”We are pleased to welcome Max Lagerstedt as the new CEO. We look forward to taking the next step in S:t Eriks Group's development under his leadership. We also want to extend our sincere gratitude to Magnus Ström, who has done solid work during one of the company's most challenging periods. We are truly grateful and wish him all the best going forward,” says Andreas Stenbäck, CEO of Volati.

Volati AB (publ)
Engelbrektsplan 1, SE-114 34 Stockholm
Tel: +46 8 21 68 40
Email: info@volati.se
Corp. reg. no.: 556555-4317

For further information, please contact:
Andreas Stenbäck, CEO Volati AB, +46 70 889 09 60, andreas.stenback@volati.se

About Volati
Volati is a Swedish industrial group with the vision to be Sweden’s best owner of medium-sized companies. Through value-creating add-on acquisitions and long-term, sustainable company development, Volati has been delivering consistently strong profitable growth since the start in 2003. The Group consists of the business areas Salix Group, Ettiketto Group and Industry, with operations in 20 countries, about 2,300 employees and annual sales of approximately SEK 8.4 billion. Volati’s ordinary shares and preference shares are listed on Nasdaq Stockholm. Further information is available at www.volati.se.