Litorina´s portfolio company Coromatic buys Skadinaviska Kraftprodukter
Litorina´s portfolio company Coromatic Group has acquired Skandinaviska Kraftprodukter AB, a leading Swedish provider of solutions within back-up power supplies.
Through the acquisition, Coromatic Group will strengthen its market leading position within IT continuity and secure power supply in the Nordic region. In addition, Coromatic Group will widen its customer offering and creates opportunities for larger full service solutions within power supply.
Coromatic Group has closely cooperated with Skandinaviska Kraftproducter for over ten years and the company has been a partner in many Coromatic´s projects.
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| Fund | Litorina Kapital III LP Argentum share 8.7% |
| Portfolio Company | Coromatic Group |
| Date of Transaction | 2010-05-04 |
| Transaction | Add-on |
| Seller | |
| Buyer | |
| Size of Transaction | |
| Ind. Focus | ICT |
| Geography | Sweden |
| Stage | Small/mid-cap buyout |