Today, the Board of Ernströmgruppen AB announces that it has appointed Alexander Wennergren Helm as the new President and CEO. Alexander comes, most recently, from Aleris, where he was CEO between 2017 and 2019. Prior to that, he was the CEO of Hultafors Group between 2011 and 2017, and the CEO of Ernströmgruppen between 2008 and 2011. Alexander will take up the role on 1 February 2021.

“We are pleased to present Alexander Wennergren Helm as the new President and CEO of Ernströmgruppen. Ernströmgruppen has had an acquisition-driven growth in the last 10 years, where sales have quadrupled and 2020 will be the 8th year in a row with an increased result. We have also this year managed to complete two exciting additional acquisitions in electrical engineering and water treatment. Ernströmgruppen’s model, with long-term family ownership, decentralized entrepreneurship and a focus on sustainability has been successful. Alexander now has a clear mandate to grow the group with the goal of doubling the group's sales in 5 years,” says Fabian Hielte, Chairman of the Board of Ernströmgruppen.

As former CEO of Ernströmgruppen, Alexander has good knowledge of the business, which will facilitate the transition. We are convinced that Alexander, with his industrial experience and results-oriented leadership style, together with existing management, will continue Ernströmgruppen’s strong development by acquiring new companies and making existing companies even stronger in a digital and sustainable world. ”, Fabian Hielte continues.

“I look forward to being part of Ernströmgruppen again. which today is a strongly diversified group of companies with many competitive and independent operations. I have actively followed the fine development over the past 10 years and the successful new investments in industry, marine, energy and electricity. It will be exciting to lead the Group into a digital and sustainable future together with Ernströmgruppen’s employees,” says Alexander Wennergren Helm, incoming President and CEO of Ernströmgruppen.