Elof Hansson is a highly-specialized knowledge company in each of its specific business areas – Forest products, Industrial products and Consumer products. Elof Hansson sells not only a product but an added-value package of financing, risk management, shipping and marketing. To put it simply – Elof Hansson’s business expertise facilitates – that is, makes life easier – for buyers and sellers of pulp, paper, timber, machinery, textiles and consumer products.
The Elof Hansson Group conducts international trade in the Forest Products, Industrial Products and Consumer Products business areas. The most important product groups are: pulp, paper and board; timber; plant and machinery for the pulp, paper, packaging and sugar industries; building materials; textiles and electrical home appliances.
From its head office in Gothenburg, Sweden, Elof Hansson markets its products worldwide in close connection with our subsidiaries and agents in more than 100 countries. The number of employees in the Elof Hansson Group is about 550 and its annual business volume amounts to approximately USD 1 billion. The company, which was founded in 1897 by Merchant Elof Hansson, is now owned by the Elof Hansson Foundation.
Posted on: [10-FEB-11]
Happenings / News / Press Coverage
News
The board of directors of Elof Hansson AB has decided to reorganize the company with a clearer Group structure that better meets current and future market conditions. The new organization will take effect January 1, 2011.
Under a new holding company, Elof Hansson Holding, Elof Hansson will be split into three new business areas: Elof Hansson Trade, Elof Hansson Industry and Elof Hansson Properties.
To Elof Hansson Trade will be concentrated the company’s international trade in pulp, paper and timber products.
To Elof Hansson Industry will be concentrated the company’s international sales of machinery and equipment for the pulp and paper industry. Also included are REC Indovent, Gothenburg, which sells ventilation and industrial products in the Nordic region and Baltic states; the building materials group Elof Hansson Bygg-Gross, Gothenburg; and the Adexi Group, Århus and Gothenburg, which mainly sells a wide range of household goods on Nordic markets.
The primary task of Elof Hansson Properties will be to manage and further develop Elof Hansson’s properties.
In connection with the new structure, the following appointments are announced to the board of directors and Group management of the Elof Hansson Group:
Thomas Pettersson is appointed president of Elof Hansson Holding and CEO of the Elof Hansson Group.
Björn Petrusson, earlier president of DFDS Seaways Ltd, is appointed president of Elof Hansson Trade and executive vice president of Elof Hansson Holding.
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