TREV-2 appoints Sven Pertens as new CEO
BaltCap announces new Chief Executive Officer to run portfolio company TREV-2 Group. As of April 1st, Sven Pertens who formerly managed Lemminkäinen Eesti AS will be appointed as CEO.
“We want to combine the company’s young and ambitious team with Sven’s extensive experience in this sector in order to see TREV-2 Group reach the leadership position in infrastructure construction market,” said Kristjan Kalda, Partner of BaltCap and Chairman of Supervisory Board in TREV-2 Group.
“I also wish to thank the current Chairman of the Board Rein Rätsep for effective job in managing the company. He has done a great job in raising the company’s competitiveness in the Estonian market,” Kalda added.
“I am glad to welcome a new opportunity in infrastructure construction, using my experience and knowledge to contribute to the development of TREV-2 Group,” said Sven Pertens. “I am convinced that our co-operation with well-functioning team can show good results and together we strengthen the company’s market position.”
The main business areas of TREV- 2 Group are road and bridge construction, road maintenance, environmental engineering and mining. The company employs about 400 people.
In March 2017, BaltCap acquired additional 38% of TREV-2 Group shares from East Capital Explorer AB for €5.7 million. BaltCap’s total ownership after the acquisition reached 75%.
Contacts for enquiries:
Kristjan Kalda
BaltCap
Partner
Tel: +372 665 0280
Sven Pertens
Tel: +372 665 0280