Having a dedicated and competent management team is something that matters at Develco Products.

The foundation for success

Our management forms the foundation for our successful business as it is today. With the support from the rest of the Develco Products team, our management makes sure that our company goals get accomplished every day.

Karsten Ries

Chief Executive Officer & Shareholder



Karsten has 18 years of development, project management and executive management experience from Lumetech, Velux, Cooper Bussmann, PowerLynx, Vestas and Mekoprint. He co-founded PowerLynx and made a successful exit.

  • M. Sc. E. E. from Aalborg University
  • B. Sc. Finance from Copenhagen Business School
  • Co-author of 13 research papers
  • Various board memberships


Mads Høy Mortensen

Sales Director



Mads holds solid international business experience from the wind energy sector and the automotive industry.

  • B.Sc. in Mechanical Engineering


Poul Eriksen

CTO, Co-Founder & Shareholder



Poul has 24 years of development, project management and international sales experience from Lanng & Stelman (Scantest), FACI A/S, Motorola, Freescale and Develco A/S.

  • Engineering Degree from Ingeniørhøjskolen Aarhus

Dorthe Gaardbo-Pedersen

Relationship Manager - Marketing and Communications



Dorthe has more than 10 years of marketing and sales experience from the technology sector. She speaks multiple languages and has been working with project management, fund raising, public relations, and organizing events, shows, and conferences. She also has huge experience in project mangement together with Customer Relationship Management systems.

  • Diploma in digital marketing and strategy
  • Diploma in Innovation Management together with Facilitation of Innovation Processes
  • MA from Aarhus University


Peter Kirketerp Hansen

R&D Manager



Peter has 18 years of software development experience from Gram & Juhl, Grundfos, TietoEnator Software Technologies before joining Develco and Develco Products. He has managed a multitude of projects from idea phase to pilot and roll-out. Peter also has huge experience in customer service.

  • Engineering Degree from Ingeniørhøjskolen Aarhus
  • Degree in General Management from Vitus Bering University College


Mads Hørmann Løcke

Supply Chain Manager



Mads has more than 10 years of experience working with Supply Chain and Procurement. Amongst others, he has worked at Kamstrup and Vestas.

  • Master's degree in Logistics from Aarhus BSS, Aarhus University
  • B. Sc. in Business Administration from Aarhus University



Freddy Engel

Chair, Co-Founder and Lead Investor

  1. We are passionate about what we do
  2. As a team, we are stronger
  3. Reliability is our promise



Freddy has 38 years of business experience from Ford Motor, Nissan Motor, IDC, SAP and SAP related businesses. Hereof 30 years within technology at top executive level in Europe, US, Middle East and Asia. He is a serial entrepreneur with several successful exits from various countries.

  • B. Sc. in Economics and Business Administration from Copenhagen Business School (CBS)
  • B. Com. Degree Diploma in Economics and Marketing Management from CBS
  • Exam State Certified Real Estate Agent from the Ministry of Industry
  • Yacht Master First Degree from the Ministry of Marine Education
  • NBC Specialist (Nuclear, Biology, Chemical) from the Royal Army
  • Various board memberships


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