Anders Dahlblom, M.Sc. (Econ.), 43, has been appointed Managing Director of Paroc Group Oyj as of 23 January, 2018. He joined Paroc in 2002 and had been Paroc’s CFO since 2006. "I am really happy and excited about the opportunity to lead Paroc with our future owner, Owens Corning. After the closing, Paroc will have a long-term home base and I am looking forward to contributing to the development and success of Owens Corning’s insulation business in Europe and beyond”, says Dahlblom.
After six and a half years in his role, the former President and CEO of Paroc Group Oyj, Kari Lehtinen has decided to leave Paroc.
"We have built a company with a strong market position in our core markets, and which offers attractive value propositions to our customers and employees. I am very confident that the upcoming journey with Owens Corning will open up great opportunities for Paroc and its personnel", comments Lehtinen.
"I wish Anders success in his new position and on behalf of Paroc Group Board of Directors I would like to thank Kari for his excellent job with us and the company personnel. He has shown strong leadership and captained Paroc successfully through all transitions", Jukka Hienonen, Chairman of Paroc Group Oyj comments.
Owens Corning announced in October 2017 that it had signed an agreement with CVC Capital Partners to acquire Paroc Group, one of Europe’s leading manufacturers of energy-efficient and fire-proof stone wool insulation solutions, for an enterprise value of approximately €900 million. The transaction, which is subject to regulatory approvals and other customary closing conditions, is anticipated to close in early 2018.
For more information contact:
Anders Dahlblom, Managing Director, Paroc Group, tel. +358 46 876 8904
Olga van Iterson, Group Marketing & Communications Director, Paroc Group, tel. +358 50 325 2376