Kent Orrgrenis the new CEO of World Class Romania
Kent Orrgrenreplaced Mikael Fredholm as the CEO of our portfolio company, World Class Romania. Mikael Fredholm will remain as amember of the Management Board. Kent Orrgren has over 25 years' experience in healthcare and fitness sector. Previously he was a member of management boards in the leading fitness clubs in Sweden.
In accordance with an earlier agreement, we bought additional shares from the minority shareholders and increased our stake in Golpasz S.A. from 67 per cent to 85 per cent. We have been an investor in Golpasz S.A. since December 2015.
Kent Orrgren, CEO at World Class, performed at the European Health and Fitness Forum in Cologne. The 5th annual event brought together top experts from different sectors of the industry and over 400 delegates from 34 countries to discuss human capital in the European fitness sector.