Ratos has appointed Jan Krepp as the new CEO of KVD. He joins the company from his role as CEO of SSEA AB, a subsidiary of SSEA Group AB. He will assume his new position immediately.
Jan Krepp has held leading operational and strategic roles in a number of companies in the Ratos Group since 2019. Current CEO Lars Nykvist has chosen to move on to new challenges outside Ratos.
“Jan Krepp is a goal-oriented, strong leader who has performed well in his previous positions both within and outside Ratos. With his distinct leadership, solid experience of company development and strong focus on sales, he is a very suitable new CEO for KVD. Ratos would also like to thank Lars Nykvist, who has now chosen to move on, for his four years as CEO, and wish him the best for the future,” says Anders Slettengren, Chairman of the Board of KVD and President Business Area Consumer at Ratos.
“I am very proud of the trust placed in me to lead KVD, Sweden’s largest online marketplace offering valuation and broker services for second-hand vehicles. In an increasingly complex business world in which all second-hand vehicle players are being challenged by strained supply chains in general and component shortages in particular, KVD’s brand remains strong. Combined with a unique business model and skilled employees, this creates excellent fundamental prerequisites for continued positive development,” says Jan Krepp, incoming CEO of KVD.
Jan Krepp will remain a Board member of SSEA AB.
About KVD
KVD is Sweden’s largest online marketplace offering valuation and broker services for second-hand vehicles (company cars and private cars), machines and heavy vehicles as well as sales of related products and services. KVD handles the entire transaction from client order to end customer and guarantees the quality of the brokered car by means of testing. KVD consists of Kvdbil, Sweden’s largest digital second-hand vehicle broker; Forsbergs Fritidscenter, Sweden’s largest mobile home retailer; Kvdpro, a broker of machines and heavy vehicles; and the car valuation companies Bilpriser and Smart 365. Each year, more than 26,000 second-hand vehicles, 1,600 mobile homes and 3,000 machines and heavy vehicles are sold using KVD. The company has approximately 200 employees and sales of approximately SEK 1,900m for the rolling 12-month period ending 30 June 2022. Ratos acquired KVD in 2010 and owns 100% of the company. www.kvd.se
For further information, please contact
Anders Slettengren, Chairman of the Board of KVD and President Business Area Consumer, Ratos, +46 72 589 89 00
Jan Krepp, incoming CEO, KVD, +46 70 146 32 47
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
About Ratos
Ratos is a business group consisting of 15 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2021, the companies have approximately SEK 26 billion in net sales. Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.
