Lundin Gold Appoints New CEO in Leadership Shift

A Dagens Industri sponsored article outlines the ambitious growth strategy of Ependion, a Swedish technology group specializing in digital solutions for industrial applications. Ependion's expansion is propelled by significant global trends, including digitalization, electrification, and new cybersecurity regulations. The company operates through two core business units: Westermo and Beijer Electronics. Westermo holds a leading market position in communication networks for the rail industry and maintains a strong presence in the energy sector, further bolstered by the recent acquisition of German firm Welotec. Beijer Electronics provides operator panels for the marine sector, where sustainability is a crucial driver of growth. Under the leadership of Group CEO Jenny Sjödahl, Ependion aims for a minimum of 10% annual organic growth, achieved through a blend of internal expansion and strategic acquisitions. The company is actively investing in next-generation technology and broadening its global reach, evidenced by the establishment of a new Westermo unit in India. Sjödahl emphasizes that Ependion's strategy leverages its technological expertise and international footprint to assist customers in their digital transformations and contribute to a more sustainable future.