Deal

El-Forest attracts new funding

Fouriertransform has invested SEK 20 million through a directed share issue in the Swedish company El-Forest. Fouriertransform will become the new majority owner of the company following the transaction.

El-Forest was founded in 2006 and is developing energy efficient and environmentally sound forestry machinery. The company has recently presented the world's first forwarder to utilize electric-hybrid technology.

Fouriertransform is joined by existing investor Volvo Technology Transfer, which are converting a SEK 5 million loan in connection with the share issue.

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FundFouriertransform
Portfolio CompanyEl-Forest
Date of Transaction2010-06-30
TransactionAcquisition
Seller
Buyer
Size of TransactionSEK 20.0m
Ind. FocusIndustrial
GeographySweden
StageVenture
 

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(2011-07-13)