Mikael Lundgren new VP for Fluid Power Technology at Dacke Industri

As Vice President for the division Fluid Power Technology, Dacke Industri is pleased to announce the appointment of Mr. Mikael Lundgren, effective 1st November 2022.

In parallel to the role as VP of Fluid Power Technology, he is continuing his current and important role as CEO for PMC Hydraulics Group, the Nordic leader of innovative hydraulic systems and components for customers in the industrial, energy, mobile and marine sectors.

Mikael has a long history in the group and started as President of one of the subsidiaries in Sweden in 2005. After some years, Mikael took the position of VP Key Accounts with responsibility for the global OEM customers in the group and being a part of the Group Management team. Before joining PMC in 2005, Mikael held several MD positions in a broad variety of industrial businesses and large production management roles at Cardo Group and other industries.

Mikael Lundgren said, “With the long history within PMC and being a part of the foundation of Dacke Industri when Nordstjernan acquired PMC Group, it is very exciting to continue the journey and the development of Fluid Power Technology division. There is a logic to creating a division with a clear focus on hydraulics together with the subsidiaries Arcos Hydraulik, PMC Cylinders, and PMC Hydraulics in the division. I look forward to working with the division to continue to develop the existing companies within Power, Motion and Control.”

“I’m confident in Mikael’s contribution with experience and competence in the field of hydraulics to continue to develop our existing companies, as well as we see great potential for more acquisitions and business growth ahead,” says Lars Fredin, Group CEO at Dacke Industri.

This is Dacke Industri

Dacke Industri is a long-term owner that invests in innovative technology companies within selected niches with potential for development. We provide expertise and strategic guidance to build sustainable companies over time.

We follow a decentralized model where our companies have a high degree of autonomy and are run independently.

Our companies have their own products or systems with a strong technical focus, development- and design expertise, and quality execution. The companies use existing platforms for innovation and work towards environmentally sustainable products and production.

Dacke Industri is owned by Nordstjernan since January 2016.

Today Dacke Industri has 17 subsidiaries, over 1600 employees worldwide, and a net sales exceeding SEK 4 billion.