A recommended cash offer by Segulah Stellata Holding AB (owned by Segulah III, LP and SegulahIV, LP) was accepted by the shareholders representing approximately 8.5 million shares and more than 97% of capital and votes in Gunnebo Industrier.
Gunnebo Industrier is an international industrial group with companies active in 16 countries and with revenue of EUR260m. The Gunnebo Industrier group has around 50 major distributors/agents worldwide. The group is engaged in the development, manufacture and marketing of chain and lifting components, fastening systems for the building industry, blocks/systems for heavy lifting, traction products and telescopic ladders.
Founded in 1994, Segulah is a private equity partnership focused on lower mid market buyouts in the Nordic region, with a business model of active ownership.
Segulah Advisor AB is the exclusive investment advisor to the Segulah II (MSEK 850), Segulah III (MSEK 2,350) and Segulah IV (MSEK 5,200) UK Limited Partnerships.
The funds’ current portfolio of companies includes, InfoCare (electronics repair and installation services), Dacke PMC (hydraulics and pneumatics), Nordform (prefabricated concrete products), Joy (fashion retailer), NEA (electrical installation), Isaberg Rapid (staplers and staples), Kemetyl (car care products and chemicals to retailers), Nilssons Gott (natural snacks) and Almondy (frozen cakes).