Knowledge builds value

How come a small company from Sweden can find a solution to one of the world’s greatest energy challenges? It’s obviously due to many different factors, but the most important one is undoubtedly: The people.

The management team at Azelio has been evolving and perfecting the Stirling engine technology for some 25 years. And we have recruited our core competences from the Nordic automotive and aerospace clusters as well as from the international research community. Personal commitment and a genuine wish to shape the future of sustainable energy, builds a team spirit that makes remarkable results.

It really doesn’t matter if you are a dedicated service technician on the factory floor, or the former Swedish minister of finance on our blue-chip level board, everyone plays an equally important part in Azelio’s way forward.

The board of directors

Bo Dankis

Born 1954. Chairman of the board since 2011.

Education

Master of Science, Industrial Engineering and Management, Institute of Technology at Linköping University

Other current assignments

Chairman of the board of IV Produkt Aktiebolag. Board member of Ekeby Invest AB and Kapitalförvaltning Ekeby AB. Deputy board member of IV Produkt Holding AB and IV Produkt Holding Sweden AB.

Previously (last five years)

Chairman of the borad of Gadelius Holding, board member Gunnebo AB, Chairman Swedish Trade and Invest Council, Chairman Perstorp Group, Board member ASSA ABLOY AB (plc), President and CEO Perstorp Group, President and CEO ASSA ABLOY Group, Country Manager ABB Japan.

Shareholding in the company

257 638 Shares

Bertil Villard

Born 1952. Board member since 2010.

Education

Master of law, University of Stockholm

Other current assignments

Chairman of the board of Strax AB, Rabbalshede Kraft AB (publ), Landsort Care 2 AB, Landsort Care 3 AB and Landsort Care 4 AB. Board member of Prior & Nilsson Fond- och Kapitalförvaltning Aktiebolag, Bertil Villard Holding AB, ECODC AB, Polaris Management A/S, Polaris Invest II ApS and Polaris II Invest Fonden. Deputy board member for Tengroth & Co AB, Alltid Oavsett AB, Advokat CJMGB AB and PPRD Nordic AB.

Previously (last five years)

Partner and external company signatory for Law Firm Vinge Aktiebolag. Chairman of the board of Landsort Care AB and Voddler Group AB. Chairman of Gränges AB, Mercuri International Group AB, SamSari Aktiebolag, Auriant Mining AB and Samsari Act Group AB. Deputy board member of Voddler Sweden AB.

Shareholding in the company

654 941 Shares

Kent Janér

Born 1961. Board member since 2016.

Education

Master in Economics, Stockholm School of Economics.

Other current assignments

Board member of Nektar Asset Management AB, Brummer & Partners AB, Blue Marlin AB and Eastfort Asset Management Ltd.

Previously (last five years)

Chairman of the board and board member of Honung AB. Board member of Namint AB.

Shareholding in the company

11 358 390 Shares

Pär Nuder

Born 1963. Board member since 2012.

Education

Master of Laws, Stockholm University.

Other current assignments

Chairman of the board of Tapetlagret Öbergs Färghus i Västerås Aktiebolag, SkiStar Aktiebolag, Hemsö Fastighets AB and AMF Pensionsförsäkring AB Board member of Fabege AB, Beijerinvest Aktiebolag, Dabok AB, Dabok Advisory AB and Åre 2019 AB. Deputy board member of Dabo Idé AB.

Previously (last five years)

Chairman of the board of Sundbybergs stadshus AB, I&P Förvaltning AB and Fjällförsäkringar AB. Board member of Swedegas AB, IP-Only AB, Nyx Security AB, Knubbsäl Midholding AB, STEN HECKSCHER AB, Knubbsäl Holding B, Narob TopHolding AB, Nyx Group AB, Business Challenge AB and IP-Only Holding AB.

Shareholding in the company

339 879 Shares

Mattias Bergman

Born 1966. Board member since 2017.

Education

Executive MBA, Copenhagen Business School. Master in Economics, Stockholm University.

Other current assignments

CEO and board member of BIL Sweden Adm AB and Attaro Consulting AB. Chairman of the board of Odette Sweden AB, ReformTech Heating Holding AB and ReformTech Heating Technologies AB.

Previously (last five years)

CEO and board member of National Electric Vehicle Sweden AB. Board member of Automobile Property AB, Automobile Laboratory Sweden AB, Automotive Interior Parts Sweden AB and Automobile i Trollhättan nr 2 AB.

Shareholding in the company

7 500 Shares

Christopher Beaufait

Born 1969. Board member since 2017.

Education

Systems Engineer, United States Naval Academy. Chief Engineer, Naval Nuclear Reactors, U.S. Navy.

Other current assignments

Executive Vice President and COO of Sarcos Robotics. Board member of Heartland Water Technology. Member of Securrency’s Advisory Board.

Previously (last five years)

Senior Vice President and President, Asia, for Vestas. Senior Executive at General Electric.

Shareholding in the company

115 000 Shares

Hicham Bouzekri

Born 1973. Board member since 2018.

Education

Engineer, Electronics Communications, Ecole Mohammadia d’Ingénieur, Morocco. M.Sc., University of Florida, Gainesville, Florida, USA. PhD in electrotechnology, Texas A&M University, College Station, Texas, USA.

Other current assignments

Director, Research and development, Industrial integration for Masen. Founder and main shareholder of Microtronix.

Previously (last five years)

CEO of MASciR.

Shareholding in the company

0 Shares

Teo Jörlén

Born 1984. Employee representative since 2018.

Education

Bachelor’s degree in electrical engineering, Örebro University. Master’s degree in electrical engineering, Karlstad University.

Other current assignments

-

Previously (last five years)

-

Shareholding in the company

0 Shares

Lars Thunell

Born 1948.

Education

Ph.D. in Political Science, Stockholm University. Research assistant, Harvard University, Cambridge, Massachusetts, USA.

Other current assignments

Part-owner of Manomotion AB. Chairman of the board of Björnberget Fastighetsförvaltning AB, Jaktfågeln Holding AB, Flexenclosure AB (publ), LHT Konsult AB, LHT Invest AB and ECODC AB. Board member of Björnberget Residens AB, Björnberget Drivhus AB, Björnberget Lägenheter AB, Björnberget Produktion i Åre AB, Björnen By AB, Åre-Svedje 1:433 AB and Sadeln Restaurangutveckling AB. Deputy board member of Sadeln Fjällgården Linbane AB and FOLT Holding AB.

Previously (last five years)

Chairman of the board of Africa Risk Capacity Ltd. Board member of Hermelinbacken 1 AB, Slutplattan LEMRO 101383 AB, Slutplattan LEMRO 101407 AB, Åre-Svedje 1:401 AB and Slutplattan PLASI 103648 AB, Standard Chartered Bank, Kosmos Energy, Fisterra, Global Water Development, Access Health International and Middle East Investment Initiative. Senior Advisor to Blackstone and Advisor to Africa Development Bank.

Shareholding in the company

200 000 Shares

The management team

Jonas Eklind

Born 1963. CEO since 2015.

Education

University degree in physics and biotechnology, Uppsala University. Diploma in practical Swedish and communication, Uppsala University. Diploma in leadership in technological companies, ManTech IFL Executive Education, Stockholm School of Business. IHM-diploma in business administration, Market economist, IHM Business School.

Other current assignments

Chairman of the board of Shapeline AB. Board member and owner of Deep Powder AB. Board member of Cleanergy AB and Nordic New Energy Partners Economic Association.

Previously (last five years)

CEO and board member of Woodeye AB and Vita Vonni AB. CEO of Sustainable Growth Capital SGC AB. Board member and deputy board member of Dendro Fortune AB.

Shareholding in the company

3 000 Shares

Jonas Wallmander

Born 1976. VP Partners & Collaborations since 2017.

Education

Master of Science in Engineering, Mechanical Engineering, Linköping University of Technology.

Other current assignments

Previously (last five years)

Shareholding in the company

1 117 Shares

Torbjörn Lindqvist

Born 1969. CTO since 2017.

Education

Master of Science in Engineering, Mechanical Engineering, Lund University of Technology. Ph.D. in Energy Technology, Mechanical Engineering, Lund University of Technology.

Other current assignments

Previously (last five years)

Shareholding in the company

1 000 Shares

Jan Svensson

Born 1971. VP Development since 2017.

Education

Master of Science in Engineering, Mechanical Engineering, Linköping University of Technology. Degree of Master of project management, University of Linköping.

Other current assignments

Previously (last five years)

Shareholding in the company

2 040 Shares

Jonas Karlsson

Born 1970. VP Projects since 2017.

Education

Master of Science in Engineering, Mechanical Engineering, Chalmers University of Technology.

Other current assignments

Previously (last five years)

Shareholding in the company

5 000 Shares

Kennet Lundberg

Born 1957. CFO since 2018.

Education

Executive MBA, University of Gothenburg School of Business, Economics and Law.

Other current assignments

Board member and owner of Kennet Lundberg AB. Board member and partner of Chamber Group Sweden AB, Lecka Alpha Trading GP Ltd and Stella Analytics Ltd. Board member of Lecka Alpha Trading LP. Deputy board member of Cleanergy AB.

Previously (last five years)

Vice President and CFO of Xellia Pharmaceuticals ApS. CFO of Real Holding i Sverige AB (publ). Board member of Victor Hasselblad Aktiebolag, Hasselblad Aktiebolag, Troax Group AB (publ) and Intalco Intressenter AB.

Shareholding in the company

10 000 Shares

Dr. Ralf Wiesenberg

Born - . VP Business Development since 2018.

Education

Master’s degree in Energy Engineering, and a Ph.D. in Engineering, Department of Energy Systems, Technical University of Berlin.

Other current assignments

Sole administrator and owner of Lifecycle Associates S.L.

Previously (last five years)

CEO of ÅF Aries Energia S.L. and Sun to Market Solutions S.L.

Shareholding in the company

3 180 Shares

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Azelio as an investment

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