NAXS AB (publ) Half-year financial report January-June 2022

First half-year 2022 Net profit for the half-year amounted to MSEK 58.7 (81.1). Earnings per share amounted to SEK 5.27 (7.27). Net asset value amounted to MSEK 872 (SEK 78.71 per share) at June 30, 2022, compared to MSEK 823 (SEK 73.78 per share) at December 31, 2021. Net cash amounted to MSEK 258 (SEK […] Read more

Nordic Capital CV1 becomes owner of Ellos Group once again

Nordic Capital becomes the new owner of FNG Nordic AB (Ellos Group), the Nordic region’s leading e-commerce group within home and fashion. With a profitable, long-term development and backed by a stable owner, Ellos Group is well positioned in the market to benefit from online growth and demand in the Nordics and elsewhere in Europe. Read more

JAB JCP V to Acquire Global Pet Insurance Operations of Fairfax Financial

WASHINGTON and TORONTO – June 20, 2022 — JAB Holding Company (“JAB”) and Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) today announced a transformational strategic partnership, in which JAB’s pet insurance business has agreed to acquire all of Fairfax’s interests in the Crum & Forster Pet Insurance GroupTM (“C&F Pet”) and Pethealth Inc., […] Read more

Nordic Capital X announces strategic investment in German IoT and wearable technology disruptor ProGlove

Nordic Capital, a leading European private equity investor, has signed an agreement to become the majority owner of the German-based Industrial Internet of Things (“IoT”) company ProGlove. ProGlove is a disruptive technology leader for a smarter workforce. In close partnership with ProGlove’s management and founders, Nordic Capital will enable the company to accelerate its future […] Read more

Gösta Lundgren appointed as interim CEO of NAXS AB (publ)

The board of directors of NAXS AB (publ) announces that, effective immediately, Gösta Lundgren, CFO of the company, has been appointed as interim CEO of NAXS AB and will thereby replace the current CEO, Lennart Svantesson, who announced his resignation on 29 October 2021. Gösta Lundgren has been the CFO since the company’s inception in […] Read more

NAXS AB (publ) has resolved to repurchase own shares

The board of NAXS AB (publ) has resolved, pursuant to the authorisation granted by the Annual General Meeting held on 30 March 2022, to repurchase own shares. Acquisition of shares may only take place at a price within the price interval, on any occasion, recorded on Nasdaq Stockholm, which refers to the interval between the […] Read more