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Alligo CEO Clein Ullenvik to Step Down in 2026

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Alligo CEO Clein Ullenvik to Step Down in 2026

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The latest announcement is out from Alligo AB Class B ( ($SE:ALLIGO.B) ).

Alligo AB announced that CEO Clein Ullenvik will step down in 2026 after 12 years of leadership, during which he played a crucial role in transforming Swedol and integrating the TOOLS business within Momentum Group to form the Alligo Group. The company is now positioned for continued profitable growth, and Ullenvik will remain in his role until a successor is appointed to ensure a smooth transition.

More about Alligo AB Class B

Alligo is a prominent company in the Nordics specializing in workwear, personal protection, tools, and consumables. It operates mainly through the Swedol brand in Sweden and the Tools brand in Norway and Finland, utilizing various sales channels including stores, field sales, telesales, and digital platforms. The company also engages in specific product areas like product media, welding, and batteries, with a workforce of approximately 2,500 employees and an annual turnover of around SEK 9.4 billion. Alligo AB is listed on Nasdaq Stockholm.

Average Trading Volume: 40,381

Technical Sentiment Signal: Buy

Current Market Cap: SEK5.96B

See more data about ALLIGO.B stock on TipRanks’ Stock Analysis page.

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