System Edström Bilinredningar gets new owners

Springlake Invest acquired the majority shareholding from Rolf Hagström and Lars Hällsten who have owned and managed System Edström since 1993. Lars remains as a minority shareholder, and Rolf has decided to spend his time on other projects. Lars will continue to serve on the board together with long-time chairman of the board Hans Tiveus. New CEO is previous sales manager Ulf Neumann Read the press release here Springlake is a privately-owned and funded investment company which was formed in 2004 by Jonas Liljenberg and Jesper Otterbeck. Their ambition is to build a successful group of companies, and they therefore invest with the goal of working as active owners in the long-term development of the companies they own. On this point Springlake differs significantly from most investment/private equity companies that are financed through various funds and acquire companies with the goal of selling them in 3-5 years.