The Board of Swedish fastener manufacturer Bulten AB has appointed Axel Berntsson, 44, as new President and CEO of Bulten Group, effective January 2025.

Most recently Berntsson served as President and CEO of Absolent Air Care Group. Prior to that he was CEO of the subsidiary Absolent AB for two years. He also has experience from senior roles within the companies ESAB and CPS Color, and has worked as a management consultant.

Berntsson holds a MSc in Industrial Engineering and Management from Chalmers University of Technology in Gothenburg, Sweden.

“The Board is very pleased with the recruitment of Axel Berntsson,” stated Chairman Ulf Liljedahl. “He has solid experience from several global industrial companies and has great experience of change management, as well as of creating long-term shareholder value.

“With his background and leadership, I am convinced that he will successfully develop the company in new customer segments and markets.”

“Bulten is a well-managed company with a long history and strong position, and has a clear growth strategy. I am proud to have the opportunity to lead and further develop the company towards new goals, together with new colleagues,” added Berntsson.

He replaces Anders Nyström, who left the company in early February after five years in those positions. Current Board member Christina Hallin was appointed interim CEO and president until Berntsson takes over. Web: bulten.com