Announced

Completed

Spiltan Invest completed the acquisition of a 64.44% stake in Eitrium from Esmaeilzadeh.

Synopsis

Spiltan Invest, an investment company, completed the acquisition of a 64.44% stake in Eitrium, a diversified Nordic group that invests in established product companies in niche markets, from Esmaeilzadeh, a family-owned investment company. Financial terms were not disclosed. “At Eitrium, we work actively and value-creatingly with our subsidiaries to increase their profitability and sustainability in the long term, and to make each operational unit autonomous. The goal for the group is to double its turnover in four years through acquisitions and organic growth, and together with Spiltan, the opportunities for this are very good”. Johan Sjölander, Eitrium CEO.

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MergerLinks - Spiltan Invest completed the acquisition of a 64.44% stake in Eitrium from Esmaeilzadeh.