Karsten Ries appointed new Managing Director of Develco Products

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1. november 2014

Starting December 2014, Karsten Ries has been appointed new Managing Director of Develco Products. Karsten Ries takes over for Henning Mærkedahl, who will continue to be a part of the daily management, as Technical Director.

Background

Karsten Ries, 47, has a background as Managing Director of Mekoprint A/S as well as founder and owner of PowerLynx A/S, today Danfoss Solar Inverters. Karsten’s educational background includes a Master’s degree in engineering as well as a diploma in business administration and financing. 

“I really look forward to the challenge. Develco Products is an exciting company, standing in front of their breakthrough in the very interesting market of home automation and demand response systems for the energy and telecommunication sectors. I have met the team behind Develco Products and they seem very competent and well motivated of creating results for the customers,” states Karsten Ries. 

Accelerated growth

Together with Sales Director, Poul Møller Eriksen, Karsten Ries and Henning Mærkedahl will constitute the top management of Develco Products.

Karsten will prospectively strengthen Develco Products and contribute to the continuing positive development of the company, as well as realization of the customer potential in existing contracts.

On a general level, the company will continue its current track. Develco Products is preparing the launch of new products at the intersection between energy optimization, building automation, and surveillance.

”With the employment of Karsten Ries, we have been capable of bringing in one of the most experienced managers of the technology sector to our company. We have been “hit by success” and it is therefore necessary to strengthen quality assurance and logistics which Henning Mærkedahl will focus on henceforth. With this constellation, we have established a platform for the company that makes us able to further accelerate growth in the years to come”, says Freddy Engel, Chairman of the Board. 

About Develco Products:

Develco Products is a B2B company that develops, manufactures, and markets products for the rapidly growing market within home automation and demand response. We primarily supply the energy and telecommunication industries across Europe.

Over the last 6 years, Develco Products has built a unique position within the field of wireless communication, including ZigBee and Wireless M-Bus.

The product portfolio consists of meter interfaces, smart plugs, sensors, smoke sensors, and gateways combining different technologies and protocols.

 

You can learn more about Develco Products here                                         

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