News

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

NAXS AB (publ) Interim Report January-March 2022

First quarter 2022 Net profit for the first quarter amounted to MSEK 40.1 (44.6). Earnings per share amounted to SEK 3.60 (4.00). Net asset value amounted to MSEK 871 (SEK 78.12 per share) at March 31, 2022, compared to MSEK 823 (SEK 73.78 per share) at December 31, 2021. Net cash amounted to MSEK 332 […] Read more

VALEDO DIVESTS BECKSÖNDERGAARD

Valedo Partners Fund II AB “(Valedo”) has divested BeckSöndergaard, a Danish women’s accessory company to a consortium led by the Company’s founders Lis Beck and Anna Søndergaard. During Valedo’s ownership, BeckSöndergaard has significantly broadened its product range, grown its international share of sales and focused increasingly on the online segment. Read more

Mimir II has completed investments, or signed agreements to invest, in four portfolio companies

Euroatlas (Germany), a global developer of military grade power conversion & supply products for naval submarines and surface vessels. Lindemann (Germany), a leading global supplier of metal recycling equipment and services. Modus (Sweden), design, manufacturing and installation of interior partition systems for commercial real estate. Thermion (Sweden), offering technical insulation for demanding customers in paper & pulp, energy and manufacturing industries. Read more