Sweden
Kinnevik exits BillerudKorsnäs
Investment AB Kinnevik has sold its stake in renewable packaging material company BillerudKorsnäs to a number of Swedish institutions for SEK 3.7bn.
Cinven's Amco in bolt-on
Cinven portfolio company Amdipharm Mercury (Amco) has acquired Abcur, a Swedish pharmaceutical business.
Accent's Candyking sets IPO price range
Swedish confectionery retailer Candyking, backed by Accent Equity Partners, will sell shares worth up to $127m in its upcoming IPO.
Nordic Capital and CVC exit Cloetta
Nordic Capital and CVC Capital Partners have sold their remaining 16.1% stake in listed confectionery manufacturer Cloetta.
Nordic Capital tax case could be ruled before year-end
NC Advisory, Nordic Capital’s advisory firm, is today attending a second day of hearings in Stockholm’s appeals court. Karin Wasteson reports from Stockholm
Almi Invest injects SEK 3.9m in Silent Order
Almi Invest has backed Silent Order, a Swedish mobile app that allows users to pre-pay for drinks in restaurants and bars.
Nokia Growth Partners injects $6m into Mag Interactive
Nokia Growth Partners and an unnamed private investor have invested $6m in Swedish mobile game app Mag Interactive.
Project A Ventures backs Tictail
Project A Ventures has invested €600,000 in Stockholm-based e-commerce start-up Tictail.
Adelis closes fund and acquires Logent
Adelis has agreed to acquire Logent, a Nordic logistics services provider, alongside the company’s existing management shortly after closing its maiden fund on €420m.
Segulah’s CCS Healthcare acquires Propyless
Segulah portfolio company CCS Healthcare has agreed to acquire pharmaceutical skin care brand Propyless from Merck Sharp & Dohme.
Ratos sees profits after tax decline in Q3
Listed Swedish private equity firm Ratos has seen its profits after tax decrease substantially in the third quarter, according to its latest interim report.
Fogel & Partners appointed for Candyking IPO
Accent Equity Partners has appointed Fogel & Partners to advise on confectionery retailer Candyking’s upcoming IPO.
PAI Partners’ Swissport acquires SAS division
PAI Partners-backed ground services company Swissport International has agreed to acquire a 10% stake in Scandinavian Airlines (SAS).
Adelis hits €420m final close for maiden fund
Stockholm-based Adelis Equity Partners has closed its maiden fund on its hard cap of €420m.
Kinnevik appoints Stenbeck as executive chairman
Cristina Stenbeck, Investment AB Kinnevik
Almi invests in Aqwary
Almi Invest has backed Aqwary, a Swedish recreational diving security equipment start-up.
Almi invests in Xintela
Almi Invest has backed Lund-based Xintela, a Swedish biomedical company, as part of a SEK 6m funding round.
Industrifonden backs Magcomp with SEK 10m
Industrifonden has invested SEK 10m in Swedish electromagnetic technology company Magcomp, taking a stake in the business alongside existing owners.
Almi Invest backs Peptonic
Venture capital firm Almi Invest has taken a stake in Swedish pharmaceutical company Peptonic.
SamInvest receives SEK 20m in EU funding
Swedish venture capital firm SamInvest has received SEK 20m from EU structural funds and the county administrative boards of Jämtland and Västernorrland.
Swedish carry tax: IK Investment Partners wins latest case
Björn Savén and 14 other key people at IK Investment Partners have won the latest round in their ongoing dispute with the Swedish tax authority.
Almi Invest backs Avalanche Biotech
Almi Invest and business angel Pär Ribbner have invested in Swedish life sciences business Avalanche Biotech in exchange for a minority stake in the company.
Almi Invest backs CamCoil
Almi Invest has agreed to invest in CamCoil Systems Sweden, a company producing reels for the metal industry, together with a private investor.