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Nordic firm Segulah appoints industrial partner, financial controller

17/08/2007Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityStockholm, Sweden-based Segulah has appointed Lennart Kalén, formerly CEO of Dahls Sweden and a current member of the board of Segulah Investment Advisor, as industrial partner of Segulah. Kalén will help grow and develop the firm's portfolio.

Kalén is currently also non-executive chairman of two companies owned by Segulah funds, Previa in Segulah II, and Nordform in Segulah III.

Lennart's industrial experience includes over 35 years as a manager in businesses including SKF, Fläkt, Alfa Laval and Saint Gobain.

Segulah has also announced that Ole Bark has joined the team as financial controller. Bark joins Segulah from Siemens, where he has spent five years as financial controller. Prior to that, he was at Carlsberg.

Segulah focuses on lower mid market buy-outs in the Nordic region. AB Segulah acts as investment advisor to the €100m Segulah II and the €260m Segulah III funds.

The funds' current portfolio companies include Callenberg (marine engineering), Previa (occupational healthcare), HMS (automation integration equipment), Powermill (electronics repair and installation services), Kosan Crisplant (filling equipment for LPG bottles), Dacke PMC (hydraulics and pneumatics), Nordform (prefabricated concrete products), Joy (fashion retailer), NEA (electrical installation), Isaberg Rapid (staplers) and Kemetyl (car care products and chemicals to retailers).

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