Beijer Alma AB Announces New Leadership
Beijer Alma AB, a prominent Swedish company specializing in component manufacturing and industrial trading, has announced a significant change in its leadership. Oscar Fredell has been appointed as the new President and CEO, as confirmed by a press release on Monday. This appointment marks a new chapter for the company, which operates both in Sweden and internationally, focusing on industrial and chassis springs, cables for mobile telecom and nuclear power, and various other industrial components.
Transition of Leadership
The company’s board has decided that Oscar Fredell will take over the role of CEO, succeeding Johnny Alvarsson, who will continue as the acting CEO until Fredell officially assumes his new position. This transition is expected to bring fresh perspectives and strategies to Beijer Alma AB, which has been a key player in the industrials sector since its founding in 1983.
Company Overview
Beijer Alma AB, headquartered in Uppsala, Sweden, is listed on the Swedish Stock Exchange. The company has a diverse product portfolio that includes replacement springs for cars and light trucks, sport spring kits, leaf springs, gas springs, fluid technology products, rubber sheeting and seals, fire and industrial hoses, firefighting equipment, and gaskets, seals, and plastic components. Its customer base spans across automotive, engineering, infrastructure, telecom, energy, defense, and offshore sectors.
Financial Snapshot
As of May 29, 2025, Beijer Alma AB’s close price was SEK 221.5, with a 52-week high of SEK 227.5 on July 17, 2024, and a 52-week low of SEK 155.2 on April 8, 2025. The company boasts a market capitalization of SEK 11,020,000,000 and a price-to-earnings ratio of 17.06.
This leadership change is anticipated to influence the company’s strategic direction and potentially impact its financial performance in the coming years. Beijer Alma AB continues to be a significant entity in the machinery industry, with a strong presence in both domestic and international markets.