"SMP Parts' ("SMP") new CEO will start in February. With our new management team in place and investments made in product development and production, the company is ready for accelerated future profitable growth", says Daniel Nilsson, Partner at MVI and SMP's largest shareholder. "In addition, I am very pleased to announce that Hans Lidén will take over as Chairman as of January 2021. With Hans' solid industrial know-how, we are taking the next step in strengthening SMP's local and international market presence. Sales to OEM customers is an important area and Hans has a lot of knowledge about this from his time in the industry. Increased focus on OEM sales is an important step to make SMP the market leader in excavator attachments".
"We would also like to take this opportunity to thank our outgoing President Finn Johnsson. During his time as chairman, SMP has almost doubled in size, strengthened its international position and launched many new products. We expect a very strong development going forward given the solid foundation we now have", says Mattias Silfversparre (Fouriertransform AB's representative and second largest shareholder in SMP) and Daniel Nilsson.
Finn Johnsson comments "After six years as President, we have now delivered on our strategic plan and laid a good foundation for future success. We have a new CEO and management team in place and good momentum. Now that we have established a strong foundation, it is very confident to hand over the baton to Hans Lidén. Hans has a long and successful career in Swedish industry and I am convinced that he has the right profile to lead SMP to future success. It has been an honour for me to work with SMP and I wish Hans and the company the very best of luck".
Hans Lidén "We have a strong management team in place and exciting plans to become the market leader in our industry. I am very excited about the opportunity to be part of the company's growth journey. We will become the first choice for both end users, distributors and OEMs"
