Press release -

Claes Seldeby resigns from his position as CEO of FM Mattsson Mora Group

Claes Seldeby has informed the Board of Directors of FM Mattsson Mora Group that he resigns from his position as CEO. Claes has six months notice. The company will now begin searching for his replacement as CEO of FM Mattsson Mora Group.

“As CEO of FM Mattsson Mora Group, Claes Seldeby has made a strong contribution to the company’s positive growth and profitability trend. Thanks to Claes efforts FM Mattsson Mora Group today has a strong platform to further develop the Group. I wish him good luck in his new position.

We will now search for a replacement to take over and continue to develop the business and our strong brands,” says Johnny Alvarsson, Chairman of FM Mattsson Mora Group.


For further information, please contact:
Johnny Alvarsson, Chairman of the Board of FM Mattsson Mora Group AB, mobile: +46(0)70 589 17 95

Topics

  • Environment, Energy

Categories

  • fmmattssonmoragroup
  • fmmattsson
  • moraarmatur
  • ceo
  • damixa
  • taps

The Swedish industry jewel FM Mattsson Mora Group is the largest Scandinavian manufacturer of mixer taps. For 150 years we have developed manufactured and marketed faucets and mixers under the strong, established brand names FM Mattsson and Mora Armatur.

In May 2014 FM Mattsson Mora Group acquired Danish Damixa. Damixa was founded in 1932 and still manufactures Danish designed taps at the factory in Odense. The company is the leader in the Danish market for mixer taps and covers most household and public building requirements.

Scandinavia is the company's primary market. Ostnor realised a 2014 turnover of more than 1 billion SEK and employs approx. 600. The activities as well as the head office are centred in Mora, Sweden.

Contacts

Fredrik Skarp

Press contact CEO FM Mattsson Mora Group AB +46 250 59 64 05

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FM Mattsson Mora Group AB (publ) sells, manufactures and develops faucets under the strong and well-established brands FM Mattsson, Mora Armatur and Damixa. The Nordics is the Group’s main market. The Group has sales of over 1 billion yearly, and employs over 550 people.

Annual report 2014

​2014 was a pioneering year for Ostnor. The purchase of the Danish brand Damixa with development and manufacturing in Denmark is a milestone and the Group's largest acquisition ever. It significantly strengthens our position on the Danish market at the same time as it contributes to increasing our growth. Another major effort is the transition to lead-free brass in the production in Mora.