Announced
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Acquisition
Friendly
Sweden
Private
alternative investment
Single Bidder
Private Equity
Private Equity
Synopsis
Roko, a private equity firm acquires 80% stakes in Arbortic. Financial terms were not disclosed. Both companies are indirectly owned by the founder Jörgen Kaldemark, who will remain as a 20% minority shareholder. Closing is subject to customary conditions and expected to take place by the end of August 2019. ”We found Arboritec to be a healthy, international company with great products. But it is small. We hope to help the company grow its business with continued good profitability.” Tomas Billing, Roko Chairman.
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