Ratos AB: Kimmo Rauhala appointed new CEO of LEDiL

Kimmo Rauhala's long experience covers several different industries and business segments, including multi-disciplined engineering, design and automotive. Before he joined LEDiL in 2020 he came from a senior position in AQ Trafotek under the listed company AQ Group from the field of power electronics. He is experienced in leading global operations with large key accounts.
"I'm delighted that Kimmo Rauhala is the new CEO of LEDiL. He knows the company well and is a natural successor. He has played an active and important role in LEDiL's positive development in recent years. Furthermore, he has a broad skillset and long experience that will be important to maintaining the positive trend in LEDiL and its continued profitable growth journey through both organic growth and add-on acquisitions in the coming years," says Jonas Wiström, Chairman of the Board, LEDiL and President & CEO, Ratos.
"I am proud and honored to have the opportunity to lead LEDiL. We will continue to grow through innovations and highest quality customer service going forward. The future for secondary optics for LED lighting is bright as our state-of-the-art optical solutions help create light that enhances wellbeing, functionality, safety and sustainability when we are building a more sustainable society. LEDiL has a unique position in this market. Together with the great team at LEDiL, I am looking forward to taking the company to the next level, says Kimmo Rauhala, CEO, LEDiL.
The former CEO of LEDiL, Petteri Saarinen, has decided to take on new challenges outside the company.
About LEDiL
LEDiL is a Finnish based, global leader within secondary optics for LED lighting. The company designs, develops and sells secondary optics for LED lighting globally. Secondary optics process light from the LED to achieve the luminaries' optimal function, with the highest energy efficiency possible. Development and design are carried out in Salo, Finland. Products are sold worldwide through the company's own sales force, agents and distributors. The company's products are primarily used in commercial applications such as street lighting, retail and offices. The number of employees is approximately 110.
For more information, please contact:
Jonas Wiström, Chairman of the Board, LEDiL and President & CEO, Ratos, +46 8700 17 00
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
Kimmo Rauhala, CEO, LEDiL, +35 8 50 558 37 68
About Ratos
Ratos is a business group consisting of 17 companies divided into three business areas: Construction & Services, Consumer and Industry. The companies have approximately SEK 34 billion in net sales (LTM). Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy - everything we do is based on our core values: Simplicity, Speed in execution and It's All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.