Kvaser appoints Fredrik Hansson as the new Chairman of the Board
At Kvaser’s recent Annual General Meeting, Fredrik Hansson was elected as the new Chairman of the Board. Fredrik brings extensive experience within CAN and other bus protocols — the core of Kvaser’s business — as well as a strong track record from both operational company building and board positions at companies including Roxtec, HMS Networks, Scanbox, and Anocca.
At Kvaser’s Annual General Meeting, Fredrik Hansson was appointed as the new Chairman of the Board. Fredrik brings extensive industrial knowledge and a strong track record, both as an CEO as well as board positions, over the years, at several different companies including Roxtec, HMS Networks, Scanbox, Troax, Nord-Lock and Anocca.
As owners, Seven District strives to build strong governance structures that balance experience, domain expertise, and strategic perspective. Over time, we believe that the right external chairperson can add significant value — both by strengthening governance and by supporting long-term value creation.
Outgoing Chairman Niklas Ivarsson, Partner at Seven District, will remain on the board and continue to be actively engaged in Kvaser’s development.
“I very much look forward to being part of Kvaser’s growth journey. The company has a solid foundation as a leader within CAN technology, a very relevant R&D pipepline combined with a well grounded organization, that all will syncronize and drive Kvaser’s future success,” says Fredrik Hansson, newly appointed Chairman of the Board.
“It is with gret pleasure that I hand over the chairmanship to Fredrik, as his experience and knowledge are an excellent fit for the scale-up phase we see ahead. I also look forward to continuing to contribute as a board member,” adds Niklas Ivarsson, Partner at Seven District.
“Fredrik has already proven to be a great asset to Kvaser, with his ability to understand customers, products, and solutions, as well as the type of organization required to deliver strong growth over time. I look forward to working closely with him in my role as CEO,” says Martin Sventén, CEO of Kvaser.
In connection with this board change, Anders Jacobson, CEO of Seven District, was also elected to Kvaser’s Board of Directors.
About Seven District
Seven District is an investment company that combines entrepreneurship with experience, knowledge, and capital to accelerate growth and unlock the full potential of companies. Seven District primarily invests in companies headquartered in Sweden, which are, or can become, market leading in a well- defined niche, from the early stages up to c. 500 MSEK in turnover. The strategy is to provide a high degree of operational support, leveraging the extensive experience of Seven District’s founding team, as well as providing an international network and financial strength when partnering up with like- minded entrepreneurs.
The investment portfolio consists of companies that leverage technology to create a competitive advantage and strive to play an important role in positively impacting the development of society. Seven District’s investments to date include inter alia: Kvaser, Qamcom, Eyescanner, Intelligent Aerial, Acre Skogstjänst AB, Easycom, Viospatia, Irriot 24 Duty and Visiba Group.
About Kvaser
With 40 years of CAN development experience and over 100 CAN-related products to its name, Kvaser AB is the CAN expert, bringing its deep knowledge in the field of CAN to industries that include Automotive, Avionics, Building Automation, Domestic Appliances, Hydraulic Equipment, Industrial Automation, Maritime, Medical, Military, Railway, Telecoms and Textiles.
Kvaser is headquartered in Mölndal, Sweden, with regional offices in Mission Viejo, CA in the United States; Shanghai, China, and Hong Kong. Kvaser AB has a global network of highly knowledgeable Qualified Resellers and Technical Associates.