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Qeep recruits the entrepreneur Magnus

2008-08-21

Fast growing management consultancy Qeep AB, recruits Magnus Penker as working chairman.

As Qeep plans to continue its international expansion and growth they have recruited the entrepreneur Magnus Penker as working chairman. Magnus most recent assignment was in building the fast growing management consultancy Cordovan Group (publ) where he delivered good profits and raised international presence. Magnus Penker has a background working for the entrepreneur Torsten Jansson, amongst others, and New Wave Group (publ). He has founded several companies, amongst others the consultancy Open Training and training company Astrakan Strategisk Utbildning.

"The recruitment of Magnus Penker is strategically important in terms of broadening the technology base of the group. Magnus Penker has a solid experience of taking companies to international markets as well as new establishments through acquisitions. With his experience in methods and the consultancy business he has a profound understanding of our working methods and the challenges that we are facing", says Anders Holm, managing director and founder of Qeep.

Qeep AB, founded in 1998, is a fast growing management consultancy that, with its well proven technologies and results processes delivers extraordinary improvements in client results. Today most clients are based in Scandinavia but with a new centre now in Hungary, and the first subsidiary outside of the Nordic region, the international expansion has begun. The management plans for more international operations this year.

"Qeep has a profound structural capital with many successfully completed projects where the methods and processes have been refined and improved. With the projects delivered to date, Qeep has repeatedly proved that their technology and processes, together with their clients, can deliver their clients extraordinary profits and performance. Clients get back between 3 and 14 times what they invested. Working with Qeep will be very exciting and challenging", says Magnus Penker.

For more information contact:
Anders Holm, founder and CEO +46703104317
Johnny Dahlberg, founder and CTO +46705628072
Magnus Penker, becoming working chairman +46 708 200 244
Also go to www.qeep.com for more information

Qeep AB was founded in 1998 is a management consultancy and specializes in delivering essential result improvements in the clients operative business. Qeep turns management's goals into concrete action plans, which lead to rapid breakthroughs and extraordinary results. The Qeep group has subsidiaries in Sweden, Denmark and Hungary. In 2007 the turnover was about 50 million SEK with an operating profit margin of 20%. The company estimates that within three years it will be established as one of the leading actors in Europe, with the highest return quota for clients, within the niche Operations Management sector. Included within the client list is: ICA, Sparbanken 1826, SAS Sweden, SECO Tools, Sia Glass, TDC, Volvo Construction Equipment, SKF and YIT.