Stockholm, Sweden, 15 November 2022 – KAMIC Group, a leading supplier of technical products and services across a broad range of industries worldwide, has appointed Stefan Ruuth as Sales Manager for its global Magnetics business area. Reporting to Magnetics Head, Dan Phelan, Ruuth is tasked with shaping a newly unified sales team across the business area’s three companies: ETAL, SIGA and Talema.
The appointment marks a return to the business for Ruuth who previously worked at ETAL Group for 16 years, first as an engineer and then as Sales Manager, before leaving in 2017 to join a large organisation in the fan sector. At ETAL, he was instrumental in developing the company’s planar magnetics product line which is now well known in the market. He has a degree in Civil Engineering and a Masters in electronics.
“Stefan has an excellent record of building strong technical sales teams, maintaining and developing margins and driving growth that exceeds the market,” commented Dan Phelan, President of ETAL. “He really understands our sector and personifies the ethos of high quality and performance that underpins what we do. This is an exciting time for us and I’m looking forward to working with Stefan to maximise the new opportunities afforded by our two significant recent acquisitions (SIGA and Talema).”
“It really is a great time to be rejoining the company,” agreed Stefan Ruuth. “There is huge market demand at the moment, particularly in the renewable energy and vehicle electrification sectors. We have excellent products in these areas as well as direct representation in the world’s most significant economies. We’re anticipating lots more growth in the coming months.”
With five manufacturing sites in Europe and Asia, KAMIC Group’s Magnetics business area offers a comprehensive portfolio of magnetic components (for/or addressing) a wide range of applications. It has around 1100 employees, including 15 design engineers capable of developing custom solutions. While most components are custom designed for specific applications, the business unit also offers a range of standard components. Customers consist primarily of large industrial companies with manufacturing in several countries. Major customer segments include communication, renewable energy, charging systems aerospace and defense
Ruuth is based at KAMIC Group’s headquarters in Stockholm.
About KAMIC Group
KAMIC Group is a corporate group consisting of nearly 40 operating companies active in trade and manufacturing each of which aims to be a leading supplier of technical products and services to many well-defined product and market niches. It includes three specialist magnetic components businesses, SIGA Electronics, TALEMA Group and ETAL Group. All three companies develops, manufactures and sells magnetic components to a world-wide market through offices in Europe, Asia and through distribution partners in an additional 20 countries. KAMIC Group is present in 14 countries in Northern Europe, Asia and the US, and employs around 500 people. Its annual net revenue amounts to some SEK 3.2 billion. Many of our customers are multinational industrial companies with global manufacturing.