SAMON AB – Press Release

May 5, 2021

Vellinge – May 4th, 2021- Mr Jonas Sjöström, Managing Director of SAMON AB, has decided to step down from his current position as the Managing Director of SAMON AB as of July 1, 2021.

As of the same date Mr Alexander Larsson has been named the new Managing Director for SAMON AB.

Mr Alexander Larsson has a background with ABB, both in Ludvika and India and is currently managing the industrial system-sales in Sweden for the Hilti Company.
Alexander holds a M.Sc. In Industrial Engineering and a B.Sc. in Human Resource Management, both from The University of Linköping.

SAMON is a world leading niche supplier of refrigeration gas detection solutions for industrial, commercial, and marine applications. The company offers complete gas surveillance products targeting a growing non-cyclical segment, benefitting from increasingly stringent regulations and environmental requirements. SAMON is headquartered in Vellinge outside of Malmö, Sweden, and supplies international markets though long-standing relationships with industrial leading OEMs, distributors, and blue-chip end-customers. The company has an annual turnover of approximately 50 MSEK. SAMON is owned by Alder II AB, Mr Jonas Sjöström and selected people from the board and the company.

SAMON was founded in 1990 by its current Managing Director Mr Jonas Sjöström and in recent years the company has grown rapidly thanks to its broad product portfolio, customer application knowledge and supported with stringent regulations in the refrigeration markets.

The SAMON team has successfully worked together to develop the company to its current position, and I am happy to step down from the MD role and into a strategic position as board member. I will be happy to support Alexander with whatever I can do and will actively work with our acquisition program to try to attract other relevant companies that would like to join in on our growth plan, says Mr Jonas Sjöström.
I am delighted to take on this challenge and rewarding duty and look forward to working together with the team in Vellinge, the board and to continue the success of SAMON also into the future, says Mr Alexander Larsson.

For more information:
Sven Holmlund, Chairman of the Board, mobile +46 70 512 7726, sven@hinvest.se Jonas Sjöström, Managing Director +46 70 575 49 33, Jonas.sjostrom@SAMON.se Dag Broman, Partner at Alder, mobile +46 70 516 4018, dag.broman@alder.se

About SAMON
SAMON develops and manufactures gas detection products for the refrigeration industry and for demand-based control of garage ventilation. The company has a wide range of detection option for most common gases combined with complete control solution. SAMON has extensive experience of providing cost-effective systems and safe gas detection for land based as well as marine applications. For more information, visit www.SAMON.se.

About Alder
Alder II AB is a Nordic investment fund with the goal of creating the best possible conditions for a long-term development of sustainable technology companies. With a mix of industrial and financial expertise and with the interest in entrepreneurship as a driving force, Alder creates profitable growth in close companionship with our companies. For more information, visit www.alder.se

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