The Sweden-headquartered energy-tech company Qvantum Industries (“Qvantum”) continues its fast growth, including scaling of production and accelerating international expansion. In connection with Qvantum’s Annual General Meeting today, industrial leader Peter Nilsson was appointed Chairperson of the Board of Directors.
Qvantum has had an eventful year achieving major milestones such as a commercial breakthrough in the multi-family segment in several European countries, the successful launch of the award-winning apartment sized QG heat pump and the start of production at the factory in Hungary acquired from Electrolux. Most recently, Qvantum won the BloombergNEF Pioneers Award 2026 in the category ‘Flattening the Duck Curve’. The award recognizes companies that tackle a defining global energy challenge of keeping power grids stable in a world increasingly run on renewables.
Qvantum now welcomes Peter Nilsson as a new Board Member and Chairperson of the Board of Directors. Peter has had a long career as an industrial leader and advisor, including as Senior Industrial Advisor to private equity firm EQT for more than 20 years. Peter was the CEO of Sanitec where he carried out one of the most successful industrial turnarounds in EQT’s history. He has also served as Chairperson of the board at companies such as Securitas Direct, Duni, and Lindab.
Peter’s experience in building and streamlining large-scale European manufacturing brings exactly the kind of expertise Qvantum needs at this point, as the company enters its next growth phase. With production facilities in Åstorp, Sweden, and Nyíregyháza, Hungary, Qvantum has the ambition to become one of Europe’s leading energy-tech companies, developing heat pumps and supporting digital platforms for the energy system of the future.
“We look forward to having Peter onboard, his experience in scaling up industrial development and production as well as navigating complex European markets, will be a valuable contribution to Qvantum and the Board of Directors. I would also like to express my greatest thanks to Mats Leifland who has led the Board over a critical period of growth, and we have all appreciated his support and dedication,” says Fredrik Rosenqvist, CEO of Qvantum.
“From our very first conversation I was struck by the scope of Qvantum’s work, it is not only about state-of-the-art heat pumps for homes, but also about taking an active part in the energy system. The ambition to disrupt, digitize and optimize energy systems across Europe is a huge opportunity, and Qvantum is well placed to take a leading position in the market,” says Peter Nilsson, incoming Chairperson of the Board of Qvantum.
The Board of Directors of Qvantum consists of experienced leaders with deep expertise in industry, energy and sustainable development. Following today’s Annual General Meeting, members include, in addition to Peter Nilsson as Chairperson: Karin Jarl Månsson, former CEO of E.ON Värme Sverige AB and E.ON Försäljning Sverige AB; Mats Rahmström, former CEO of Atlas Copco; Sandra Trittin, with extensive experience building innovation companies at the intersection of energy transition, digitalization and flexibility, and Per Colleen, TomEnterprise, with many years of experience in growth and market positioning. The Board also has two co-opted members, who are also investors: Thomas von Koch, TomEnterprise, and Willem Huiderkoper, IMAS Foundation (sister foundation to the INGKA Foundation, owner of the INGKA Group, which operates most IKEA stores globally).
Fredrik Rosenqvist
CEO
+46 76 163 4305
About Qvantum
Qvantum is an energy-tech company at the forefront of the energy transition, designing, manufacturing and developing heat pumps and digital platforms for the energy system of the future. The vision is to make fossil-free heating and cooling available to everyone, regardless of whether it is a single-family house, an apartment building or an entire district.
The heat pumps are available in four categories: air/water, ground source, exhaust air and complete system solutions. The devices are connected, easy to install, and built on the same modular platform. Qvantum is headquartered in Åstorp, Sweden, and has sales offices in Germany, the Netherlands, Poland, France, Austria and the United Kingdom. The company has approximately 350 employees and two manufacturing facilities: Åstorp and Nyíregyháza, Hungary, of which the Hungarian was acquired from Electrolux in 2023.
Qvantum is backed by long-term blue-chip investors, including Thomas von Koch (former CEO of EQT) and the IMAS Foundation, a sister foundation to the INGKA Foundation that owns the majority of IKEA stores globally.
