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Press releases

2017-11-29

Bufab Group: Bufab recruits Global Sourcing Director

Pressrelease

Värnamo, November 29, 2017

Bufab recruits Global Sourcing Director

As part of the "Leadership" ambition and in order to reach the new growth target, Bufab aims to develop the industry's strongest supplier base by 2020. To do this, we have recruited Carina Lööf as Global Sourcing Director and a new member of the Executive Management Team.

Carina has an education as a chemical engineer at Växjö University in Sweden. She is currently the Group Sourcing Director for the Trioplast Group, a SEK 4bn European packaging company. Before that, she has a background in senior purchasing roles in several industrial companies, notably Cargotec.

"We are very happy to be able to announce Carina as our new Global Sourcing Director. We are convinced that she will be instrumental in strengthening our supplier base and thus our growth. We wish her a very warm welcome to the Bufab Group.", says Jörgen Rosengren, Bufab's President and CEO.

"I am very excited about this opportunity and look forward to working together with the whole Bufab team toward these challenging goals" says Carina Lööf.

For further information, please contact:

Jörgen Rosengren, President and CEO, Bufab Group, telephone: +46 370 69 69 01

About Bufab
Bufab AB (publ), Corporate Registration Number 556685-6240, is a trading company that offers its customers a full-service solution as Supply Chain Partner for sourcing, quality control and logistics for C-Parts (screws, nuts, etc.). Bufab's Global Parts ProductivityTM customer offering aims to improve productivity in the customers' value chain for C-Parts.

Bufab was founded in 1977 in Småland and is an international company with operations in 25 countries. The head office is located in Värnamo, Sweden, and Bufab has about 1,000 employees. Bufab's net sales for the past 12 months amounted to SEK 3.0 billion and the operating margin was 9.5 percent. The Bufab share is listed on Nasdaq Stockholm, under the ticker "BUFAB". Please visit www.bufab.com for more information.

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