Enviro promotes Larsson, Wallman as it prepares to expand

GOTEBERG, Sweden—Bjorn Larsson and Josefin Wallman, both of whom have been members of Scandinavian Enviro Systems A.B.'s management team, have been promoted in different roles with the tire recycling company as it prepares to expand.

Larsson will lead strategic purchasing as it relates to the new recycling plants, and Wallman will serve as project manager in establishing future recycling plants, including the newest planned facility in Uddevalla, Sweden.

Both Larsson and Wallman are "central to the execution the expansion plan previously announced by Enviro and Antin Infrastructure Partners."

"Antin is a leading European infrastructure investor and has extensive experience in building stable business models that are attractive over the long term," said Alf Blomqvist, chairman of the board at Enviro. "However, as a major player in one of the most interesting investment segments, Antin sets very clear requirements for all decisions supporting documentation, which has resulted in considerably more extensive preparatory work than we had anticipated."

This is the reason why Enviro has been unable to start construction in Uddevalla in line with previous statements, Blomqvist added.

Under Wallman's supervision, the Uddevalla plant will be the first plant under the partnership of Enviro-Antin. The joint venture also is supported by Michelin, and the three companies plan to establish tire recycling plants across Europe by 2030 "with a total recycling capacity up to one million end-of-life tires."

Larsson will be responsible for the establishment of construction-related contracts and the purchase of related recycling equipment for future plants, Enviro said.

He has more than 25 years of experience in high-tech companies in the automotive and aviation industries, as well as in the maritime and rail segments.

Wallman comes to Enviro from the Elof Hansson International trading house where she held roles in project management and business development.