Schörling

"In the 1970s, he had pursued a career as a civil servant to build a solid knowledge base, as he himself puts it. He worked as a controller for four years at LM Ericsson in Mexico and spent a few years at ABB Fläkt in Stockholm before being appointed CEO of Essef Service, where he did such a good job that he was offered to become CEO of Crawford Door in the 1980s. Then the Securitas deal became the starting point for Schörling as a businessman, when the civil servant was given the opportunity to become a business builder and owner. He was forty years old and was about to start his own business. Therefore, it was far from certain that Douglas would succeed in persuading Schörling to take on the role as CEO. This gave him a good negotiating position."

"A series of successful acquisitions, investments, and spin-offs—not least parts of Securitas that became new listed companies, such as Assa Abloy and Loomis, and Hexapol, which was spun off from Hexagon—made Schörling a major owner in an increasing number of listed companies."

"Schörling, the common thread has always been to invest in smaller companies with the potential to grow internationally."