The Company

About Clean Oil Technology

Welcome to COT – Clean Oil Technology AB (publ)

COT is a Swedish public limited liability Company based in Ljungby, Sweden. The Company develops and markets patented Technology for continuous reduction of water contamination in lubricating and hydraulic oils during of the industrial Equipments. 

Organisation/Transactions Register

COT’s Board of Directors consists of the following members:

Claes Warnander


Elected to the Board in 2019
Has 40 years’ experience within engineering industries, among others as President of Alfa Laval’s Separator Division and thereafter as CEO of Haldex AB.

Kjell ac Bergström

Board member

Elected to the Board in 2012.
Kjell has extensive experience gained from leading positions in the automotive industry, including CEO of Saab Automobile Powertrain and Vice President of Fiat-GM Powertrain. He also experience from leading positions within Saab Automobile AB and Volvo Cars. Kjell has also been an assistant professor in internal combustion engine technology at Chalmers University of Technology in Gothenburg.

Joakim Kinell

Board member

Elected to the Board in 2020
38 years. Has worked primarily in business development and credit management. Master in Economics from Linköping and MBA from Handels in Stockholm.

Alf Almqvist

Board member

Elected to the Board in 2008
Alf has long experience and great expertise in the field of entrepreneurship. Has extensive experience of hydraulic applications. Alf founded, and owns, Fyrkantens Ventilation AB, which is one of Sweden’s largest privately owned ventilation companies. He also holds a number of board member positions within Lidköping’s business sector.

Ulf Ahlén

Board member

Elected to the Board in 2019
Worked 28 years at Volvo Car, among others as head of the engine manufacturing
in Skövde. Has thereafter been President of the Haldex Traction Division for 15 years, developing systems for 4-wheel drive from initial idea concept to market leader. Thereafter CEO of Haldex AB.

Svante Kinell

Board member

Elected to the Board in 2019
Long experience from the automotive industrie within business-, market- and product planning. Has also experience from the oil refiner industrie.

Mats Backlund


The company’s largest owners

Muirfield Invest AB/Claes Kinell 25,8
Fyrkanten Ventilation AB/Alf Almqvist 18,7
Peter Gyllenhammar AB 13,5
Fibbonacci AB/Björn Algkvist 6,6
Maglin Industrie AB/Magnus Lindstam 4,1

Transactions register

COT Insynsregister

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