11.6.2024 16:10:17 EEST | Duell Oyj | Company Announcement

Duell Corporation has appointed Caj Malmsten (MSc. Economics) as the Group’s Chief Financial Officer (CFO) and member of Management Team from August 19, 2024.

Malmsten joins Duell from his position as Ab Ekeri Oy’s CFO. Prior Ekeri, Malmsten has worked for Wärtsilä for over 20 years in several global management positions and has also overseas experience in Switzerland and France. Interim CFO, Juha Lindroos, will remain with Duell until the end of September 2024.

"I am delighted that Caj Malmsten will be joining Duell as CFO. His long and broad international experience will bring new strategic and financial expertise to Duell to support the implementation of our growth strategy," says Magnus Miemois, CEO of Duell. 

"Duell is at a very exciting stage of development as the market continues to consolidate in Europe and I am excited to be part of building an even stronger market position and stability for the company," says Caj Malmsten, appointed CFO of Duell.

Further information:

Magnus Miemois, CEO
Duell Corporation
+358 50 558 1405
magnus.miemois@duell.eu

Pellervo Hämäläinen, Communications and IR Manager
Duell Corporation
+358 40 674 5257
pellervo.hamalainen@duell.eu

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Oaklins Merasco Oy
+358 9 612 9670

Duell Corporation (Duell) is an import and wholesale company based in Mustasaari, Finland, established in 1983. Duell imports, manufactures, and sells products through an extensive distribution network in Europe covering approximately 8,500 dealers. The range of products includes approximately 150,000 items under more than 550 brands. The assortment covers spare parts and accessories for motorcycling, bicycling, ATVs/UTVs, mopeds and scooters, snowmobiling, and boating. Logistics centres are in Finland, Sweden, Netherlands, France, and the UK. Duell’s net sales in 2023 was EUR 119 million and it employs over 200 people. Duell’s shares are listed on the Nasdaq First North Growth Market Finland marketplace. www.duell.eu