New ownership at CM Hammar

As from September 2003 C M Hammar has a new Managing Director, Mr Henrik Pålsson.

Mr Pålsson is from January 1st 2004 also the new owner of the company. Mr Pålsson has an academic background as a MSc in Mechanical Engineering, and has been Managing Director of a medium sized textile company for the last 8 years. The former owner and Man.Dir., Mr Mats Hermansson, will remain as a member of the Board and will stay on working more independently in various international committees and project groups within the industry.