Nordic M&A News
July 27, 2018

- Denmark -

Kirk Kapital is looking for new acquisitions (Borsen)

Kirk Kapital is a family-owned investment company, owned by Lego family Kirk Johansen. According to CEO, Kim Gulstad, the PE firm will streamline their investments and reposition them in the market. In consultation with the board, Kim Gulstad has renewed the investment strategy. Currently, Kirk Kapital has approximately 50 percent of assets located in companies where the the PE fund has a minority interest. The PE firm is now looking for new acquisitions, but good portfolio companies are hard to find and prices are high, according to Kim Gulstad.  

- Sweden -

Swedish Match to acquire a majority stake in Gotlands Snus AB (Cision)

Tobacco company Swedish Match has signed an agreement to acquire a majority share in Gotlands Snus AB, a privately held Swedish company. Founded in 2002, Gotlandssnus, with annual sales of approximately 50 MSEK, develops, produces, and sells both snus and nicotine-free products, with sales in Sweden, the US, Asia, and parts of Europe. The company sells popular brands such as Jakobsson’s snus and Qvitt (nicotine and tobacco free pouches).

DIAKRIT management buys majority stake in the company  (Press Release)

Two years after the company was acquired by the international media giant News Corp, the Swedish founders bought back the company and moved home to Sweden. DIAKRIT will now be owned by its three original founders, who will all continue to run the company together backed by a new smaller group of international investors. In 2017 DIAKRIT’s revenues amounted to SEK 66.5m with earnings before interest and tax of 9.2m. 

- Norway -

No news to report

- Finland -

K.Hartwall acquires A&A Logistik-Equipment (Goodnewsfinland)

Finnish provider of returnable logistics solutions K.Hartwall has become a majority shareholder in German company A&A Logistik-Equipment. K.Hartwall develops logistics solutions mainly for retail companies, postal services and the automotive industry, and has a turnover of EUR 55m and 160 employees. A&A Logistik-Equipment currently focuses on two core segments: standard equipment and special projects for customers in various industrial segments. The company has a turnover of EUR 4m and 25 employees.

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Prepared by Emil Tange Ohlsen