Peter Aru new President of ABS Group

08.11.2006

Peter Aru is again the President and CEO for ABS Group. He is leading the company as from November 1st until further notice, alongside with his duties as President and CEO for the Cardo group, which is the mother company of ABS.

Peter Aru new President of ABS Group

Peter Aru, CEO of Cardo Group (Foto: Cardo AB)

This means that the former President and CEO, Fredrik Groth, leaves his duties and fills up a position within Cardo as Vice President Business Development.

“We will now intensify the process of creating long-term stability and conditions for growth for ABS”, says Peter Aru. “Our focus and overall strategic direction will remain the same - we will continue to develop and provide solutions within wastewater technology, which fit our customers’ needs and purposes.”

Peter Aru was already been the CEO of Cardo's pump division from January 2004, until he was promoted to the Cardo group's CEO in April 2005.

About ABS

ABS is a global solutions provider in wastewater technology with a complete product portfolio of pumps, mixers, aerators, compressors, control and monitoring equipment, and services. ABS also offers pumps and rental services for the dewatering market. The ABS Group, with 1.800 employees and a turnover 2005 of 321 MEUR (3 billion SEK), is present in more than 100 countries and has around 40 subsidiaries. The ABS Group is part of the Cardo group which is listed on the Stockholm Stock Exchange.

Source: Sulzer Ltd.

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