DYWIDAG-Systems International (DSI) appoints Patrik Nolåker as Group CEO

Munich, December, 21st, 2011.  DSI today announced the appointment of Patrik Nolåker as the new CEO of the DSI Group. Mr Nolåker will join DSI on March 1st 2012. 

For the past two years, Mr Nolåker has been President and CEO of the Alimak Hek Group, a Triton portfolio company headquartered in Sweden. Alimak Hek provides vertical access solutions (elevators, hoists, platforms etc.) for different industrial and construction applications. More recently Patrik has also served on the board of DSI as a Non-Executive Director.

Commenting on his decision to join DSI, Mr Nolåker said: "The decision to leave such a strong company as Alimak Hek has been a difficult one, but I am extremely excited to be joining such a well-known and strong company as DSI, which I know from my previous working experience. Despite turbulent times in the world, together with the DSI organization, I see great potential to further develop the company".

Prior to joining Alimak Hek, he spent nine years, at Atlas Copco, first as President of the Geotechnical Drilling and Exploration Equipment Division and, from 2006, as President of the Underground Rock Excavation Division, a business with annual sales of Eur 900m and 3,400 employees around the world.

Before Atlas Copco, he enjoyed a very successful 13 years at ABB, starting as an Executive Management Trainee and rising through the organisation to become Regional General Manager for Medium Voltage in South East Asia. In between, Patrik progressed through a series of management roles in finance, purchasing and operations in Sweden, Brazil and Malaysia.

Björn Killmer, Chairman of DSI commented: "we are delighted that Patrik has agreed to become CEO of DSI. We at Triton know Patrik very well. He brings a wealth of relevant industry and leadership experience to the company.