BE Group AB: Anders Martinsson New President and CEO of BE Group

Regulatory News:

The Board of BE Group AB (STO:BEGR) has appointed Anders Martinsson the new President and CEO of the company. Anders Martinsson has since 2008 worked in the Wilo Group, where he is responsible for the operations in the Nordic and Baltic countries as well as President of Wilo Nordic in Växjö.

"We are very pleased to announce Anders Martinsson as the new President and CEO of BE Group. Anders has extensive experience in managing a sales-oriented international operation, which will be of great value for BE Group", says chairman, Anders Ullberg.

Anders Martinsson is 46 years old and holds a Bachelor of Science degree from Lund Institute of Technology.

"I look forward to working with a company such rich in tradition as BE Group. After a few challenging years, it is now important to focus on stability and profitability," says Anders Martinsson.

Anders Martinsson will assume the position of President and CEO no later than 28 September 2015.

The Board of BE Group AB

BE Group, listed on the NASDAQ OMX Stockholm exchange, is a trading and service company in steel and other metals. BE Group provides various forms of service for steel, stainless steel and aluminium applications to customers primarily in the construction and engineering sectors. In 2014, the Group reported sales of SEK 4.2 billion. BE Group has about 800 employees, with Sweden and Finland as its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com

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