Sweden's Segula Advisor adds board member

By IVCPOST Staff Reporter

Jun 19, 2013 11:03 AM EDT

Stockholm-based private equity investment company Segulah Advisor announced on Wednesday that it has chosen Lars Nyberg as its newest member of the board.

Nyberg was the former President and Chief Executive Officer of Telia Sonera, a network access and telecommunication services provider. He also served as Chairman of Autoliv Inc. and DataCard Corp. His other work experiences include NCR Corp where held the positions of Chief Executive Officer and Chairman, Philips and Philips Group Management Committee.

Nyberg holds a degree in Business Administration.

Segulah Advisor AB is the private investment advisor to Segulah II, Segulah III, and Segulah IV UK Limited partnerships. These funds' present portfolio of investments include companies such as the PMC Group, a hydraulics and pneumatics firm, St. Eriks, a prefabricated concrete product manufacturer, car care and chemical company Kemetyl, and Gunnebo Industries, a lifting and fastening services company.

Other investments in the portfolio include Almondy, eTRAVELo, Scan Coin, Balco, CCS Healthcare, and Beerenberg.

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