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Pierce Group Appoints New CFO Amid Strategic Transformation

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Pierce Group AB ( (SE:PIERCE) ) has issued an update.

Pierce Group has announced the appointment of Fredrik Kjellgren as the new Chief Financial Officer, effective in the fourth quarter of 2025. This strategic move is part of the company’s ongoing transformation to enhance competitiveness. Kjellgren, with his extensive experience in finance roles at large organizations, is expected to drive efficiency and profitability, contributing significantly to the management team.

More about Pierce Group AB

Pierce Group is a leading e-commerce company in Europe, specializing in the sale of gear, parts, and accessories for riders. The company operates through two major segments: Offroad, catering to motocross and enduro riders, and Onroad, focusing on street riders. Additionally, it has a smaller segment for snowmobile enthusiasts. Pierce Group is known for its extensive product range, private brands, and competitive pricing, aiming to transform the motorcycle enthusiast market in Europe.

YTD Price Performance: 42.11%

Average Trading Volume: 127,828

Current Market Cap: SEK857.2M

Learn more about PIERCE stock on TipRanks’ Stock Analysis page.

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