All investments

Headquartered in Warsaw and employing a total of 2,300 staff, Agros Nova is a top three player in all three of its operational business segments, comprising fruit and vegetable reserves, ready-made food and non-carbonated beverages.

The company currently operates four manufacturing plants in central Poland, offering a wide range of quality products to all major retail outlets across the country.

Agros Nova is the market leader in both the fruit and vegetable preserves and ready-made food segments including jams, ketchup, tomato paste, sauces, ready meals, soups and frozen foods. The company also ranks third in the non-carbonated beverages market including juices, nectars and fruit drinks.

Headquartered in Oslo and with staff of approximately 350 professionals, Colosseum is a leading provider of private dental care in Scandinavia. The company currently operates 10 clinics in Norway, 7 in Sweden and 2 in Denmark, offering a range of services from basic dental care to specialist surgery.

The company’s philosophy is to provide the highest standard of dental care to its customers by attracting the best dental professionals. Colosseum’s business model allows dental professionals to fully focus on the provision of dental care in a flexible and stimulating working environment, supported by centralised support functions.

Established in 2006, but with roots dating back to 1982, Vistra’s management team has built an independent trust and corporate services business that offers clients the benefits of a multi-jurisdictional approach, delivered by a team of professionals with an in-depth understanding of the often complex needs of every client. Vistra offers its services through its offices in Amsterdam, Antwerp, Breda, Curaçao, Cyprus, London, Geneva, Hong Kong, Ireland, Istanbul, Jersey, Luxembourg and New Zealand. The company has approximately 220 employees globally.

Axtone is Europe’s largest manufacturer of buffers, draw-gear devices and related components for rail and metro vehicles and rail infrastructure. In addition the company offers the complete service of buffers being fully responsible for their servicing and logistic maintenance.  With over 200 product certificates, Axtone supplies all major rail operators and wagon manufactures in Europe and selected markets around the world. The company is headquartered in Kanczuga, Poland and manufactures its products in five locations: in Poland, Germany, Czech Republic, Russia and China.

Flabeg, headquartered in Nuremberg (Germany), is the global leading manufacturer and supplier of solar parabolic mirror and automative glass for the renewable energy and automotive mirror system industry. Flabeg operates its mirror glass production in two business units - the Solar and Automotive segment. In the Solar segment Flabeg produces parabolic mirrors which are used in CSP plants (Concentrating Solar Power), namely for parabolic troughs. This segment of the renewable energy market has recently seen significant growth driven by the increasing global demand and governmental support for renewable energy sources aiming at decreasing pollution and reducing dependency on fossil resources. As a Tier 2 manufacturer, the Company's Automotive segment manufactures mainly exterior and to a minor extent interior mirror glass for passenger cars and commercial vehicles.

Etanco is the leader in the desig, manufacturing and distribution of building fastener and fixing systems in France. The group is also present in Italy with its Friulsider brand and in Eastern Europe. The former family business based outside of Paris employs 600 people and generates a turnover of MEUR 136. The Group has a full range of 80,000 products grouped under four main categories: Waterproofing, Roofing, Safety and Facades which allows it to offer products adapted to the specific market requirements particularly in terms of environmental and European regulatory constraints.

Schenck Process is one of the global market-leading providers of industrial weighing, feeding, screening and automation equipment and solutions. It has significant operations in Europe, North and South America, China and Australia and serves a diversified customer base across a wide range of International Business Segments (IBS), including Heavy, Light, Mining Power and Transport Automation.

Moventas is a leading independent manufacturer of wind turbine gears (WG) and industiral gears (IG) as well as a provider of gear maintenance and service. Moventas is headquartered in Jyväskylä, Finland and has around 1,300 employees globally.

Magotteaux is the leading global supplier of grinding media and mill internals used in the cement, mining and aggregate industries and coal-fired utility plants and wear resistant parts in the dredging industry. Based on in-house R&D, Magotteaux designs, produces and distributes proprietary tools and consumables for processes where wear resistance is key. Headquarted in Liège, Magotteaux employs approximately 2,300 people in 13 specialised production units and 26 representatives offices globally.

Attendo is the leading Nordic provider of outsourced social and health care. In Sweden, Norway and Denmark, Attendo Care provides social care to more than 10,000 clients. In Finland, Attendo MedOne is the leading outsourcing provider in social and health care and more than 3,500 doctors and nurses worked for Attendo MedOne during 2009. The primary customers are local authorities that purchase services from Attendo. On an anuual basis, the company had revenues of more than MSEK 6,000 or MEUR 600.

ELFA markets, sells and distributes electronic components and other technical products to primarily business customers in northern Europe.

Headquartered in Stockholm (Sweden), ELFA has over 430 employees. With over 51,000 customers and 130,000 catalogues distributed annually, ELFA is a leading distributor in the Nordic countries, Poland, the Baltic countries and Russia.

In 2005 the company achieved sales of €88 million (MSEK 815) most of which was derived from the maintenance, repair and overhaul segments. Other important end-user segments include production, R&D and education.

Cerba European Lab ("CEL") is a leading European medical testing laboratory. CEL was acquiredby IK2004 in July 2006 and has a leading position in specialised testing for routine laboratories and hospitals in France (with a 45% market share). The BARC Group was acquired by CEL in October 2007 and is a leading Belgian routine testing laboratory as wekk as a worldwide clinical trialtesting laboratory. Following the acquisition of Biolille and Biotop and subsequent buy-and-build acquisitions since 2009, CEL is key operator of routine laboratories in France. Headquartered near Paris, the group now has a staff of over 1,250 highly qualified employees and benefits from a strong technological base and an excellent brand.

Minimax Viking is the market leader in the development and supply of fire protection systems primarily for the industrial market with a special focus on special hazard situations. Minimax operates an integrated business model throughout the fire protection value chain, including system configuration, sourcing and manufacturing, project management, installation and after-market service. Minimax is the cleas market leader in Germany and the global number three fire equipment supplier with leading market positions in Iberia, France, Poland and China. Following the acquisition of Consolidated Fire Protection (CFP) in the US 2007 and the industry transforming Viking merger in 2009, the Company has a leading market position in the US. Minimax serves both the fixed fire protection market (sprinkler water systems, mist and foam systems, gas systems and industrial detection) which is approximately 92% of sales and also the portable fire extinguishers market which is approximately 8% of sales.

Sport Group is a worldwide market leader of outdoor sport and recreational surface systems. Sport Group installs artificial turf fields and tracks (both running tracks and multi-purpose surfaces) and manufactures all system critical components in-house. Sport Group has three main product groups (artificial turf, tracks and playground) used in a variety of applications. The business benefits from its unique system competence, leading technology and a strong market position, especially in Germany. Sport Group successfully expanded its operations internationally through four add-on acquisitions in recent years and therefore strengthened its prioduct and brand portfolio as well as its geographical presence.

Wehkamp is the market leader in the Dutch home shopping market. Wehkamp has 1.4 million regular customers and completes more than 5 million orders every year. Product categories include Fashion, Living, Home Appliances, Electronics, Health & Beauty and Leisure. Wehkamp's website has more than 1 million visitors per week.

Kwintet is the European mrket leader in the top-to-toe work wear with a range of strong brands and a reputation for quality amongst its customers throughtout Europe. The Kwintet group supplies high-quality professional wear for a variety of uses and industries across Europe, and owns a range of strong brands including Kansas, Fristads, Wenaas, B&C, Lafont, KLM, Simon Jersey and Hejco. Kwintet is organised into four divisions; Fristads & Co, Wenaas, Indiform & Co and The Cotton Group. The company is headquartered in Malmö, Sweden and has approximately 3,300 employees.

Consolis is the market leader in prefabricated concrete in Europe. The new Consolis was formed by combining Consolis Oy Ab and French Bonna Sabla in November 2005. Consolis is the largest precast concrete based solution provider and manufacturer of structural precast concrete elements in Europe. The companies belonging to Consolis Group have over 100 production plants in 20 countries with leading positions in their respective markets.

DSI is a market leader in the development, production and application of post-tensioning and geotechnical (steel) fastening parts and systems.  The high value added safety/durability critical products are used in bridge building, slope stabilisation and mining.  Headquartered in Germany, DSI has over 1,100 employees globally with operations across Europe, Asia-Pacific and the Americas.

Suomen Lähikauppa (SLK) is the market leader in the Finnish neighbourhood store segment and overall the third largest daily goods retailer in Finland. SLK has around 740 stores and approximately 6,800 employees. SLK operates in the neighbourhood store, supermarket and hypermarket segments with a total of three chain brands: Siwa (neighbourhood stores), Valkintatalo (supermarkets) and Euomarket (hypermarkets).

Sia is a leading international brand within home decoration products with Nordic roots and with a core presence in Europe. Its products, positioned at the middle top end of the market, include artificial flowers and plants, vases, accessories, candles, small items of furniture and a basic assortment of tableware and soft furnishings. Two collections are produced each year and sold in 15 European countries to independant retailers, affiliates and department stores and the company has approximately 15,000 active customer accounts.  

Kid Interiør was established by Jul Andrew Gundersen in 1937 as JAG shoe factory.  The first shop was opened in Drammen in 1953 and was called “Fabrikkutsalget” (Factory Outlet). The company changed its name to Kid Interiør in 1994, and further introduced the trade name Kid for selected products.

Today Kid is the leading home textile retailer in Norway with 90 wholly-owned stores across the country. Kid is headquartered in Drammen, Norway and employs approximately 1,000 people.

Prevesta/Myresjöhus is one of the leading prefabricated house manufacturers in Sweden. Since inception in 1927 the company, with its strong brands Myresjöhus and SmålandsVillan, has delivered more than 80,000 houses. Prevesta/Myresjöhus employs some 390 people and has a market share of approximately 10 per cent in Sweden.

Idex S.A.'s core activity is the technical maintenance and management of energy. The group offers global solutions to its clients including the management of collective heating and cooling networks (public and private) as well as the technical maintenance of buildings an third party management of utilities. Idex's clients include authorities, residential complexes and industrial corporations. The Idex group employs approximately 3,000 people.

In October 2004 IK acquired the assets of Terje Hoili AS and Europris Norge AS through the newly formed company Europris Holding AS (formerly Ekstrem Lavpris Holding AS). The IK2000 Fund owns the majority of the entity through the holding company ELH International S.a.r.l. Europris is an integrated hard discount retailer selling a combination of food an non-food products. Europris operates 180 stores in Norway and 6 in Iceland. The stores are operated partly as owned stores and partly as franchisees.

CEVA Santé Animale develops, manufactures and distributes Animal Health products. The company’s main expertise lies within the anti-infectives, vaccines and reproduction control devices areas. CEVA operates in all key European Union markets and has established a strong presence in international growing markets such as Eastern and Central Europe, Middle East and Turkey, Africa, Asia, and Latin America. The company employs 1,200 persons and is headquartered in Libourne, near Bordeaux (France).

Welzorg, headquartered in the Netherlands, is a leading distributor of mobility aids for elderly and disabled people in the Netherlands, Denmark, and Sweden. Welzorg's business consists primarily of the sale, long-term rental and maintenance of manual and powered wheelchairs and scooters. The company delivers these mobility aids directly to the end-users and provides the necessary after-sales service. Welzorg's main customers are municipalities and health care institutions.

Gardena is one of the leading gardening equipment companies in Europe. Gardena manufactures garden irrigation equipment, garden care products as well as water pumps and pond products. The group has nine production facilities and approximately 3,000 employees. Customers include DIY stores, garden centres, large general retailers and ironmongers. Gardena’s products are available through a distribution network in over 85 countries.

Labeyrie is a French company producing upmarket branded food products sold on the French, Dutch, Belgian and Spanish markets. Its product range encompasses three main categories: seafood products (mainly smoked salmon), speciality regional products (mainly foie gras) and blinis & spreadables (taramasalata, guacamole etc.). Labeyrie is a clear market leader, with market shares in excess of 20% in all those segments. The company sells its products only through retailers.

Eltel Networks consists of Swedia Networks and Eltel Networks. The two companies were combined in December 2004 when Eltel Networks was acquired and subsequently merged with Swedia Networks. The combined company is a Northern European market leader within installation and maintenance of infrastructure for electricity and telecommunications.

Swedia Networks is one of originally seven businesses included in the Telefos investment. The seven businesses - Ki Consulting, Validation and Swedtel (telecom consulting), Respons and TA Teleadress Information (directory enquiry and data-handling services), Multicom Security (secure alarm network operations) and Swedia Networks - were acquired from Telia in 2001. Since then all companies, except Swedia Networks, have been divested.

Sydsvenska Kemi is a leading specialty chemicals group consisting of the former businesses of Perstorp AB and Neste Oxo. The company has strong positions in selected niche segments such as coating intermediates and formaldehyde technology. Sydsvenska Kemi operates globally and has approximately 2,000 employees.

Groupe Fives-Lille is an international industrial engineering group that designs and produces equipment, primarily for the automotive, steel and aluminium industries. The company’s broad selection of equipment ranges from isolated machines to complete production lines, shops and turnkey plants.

Dataphone offers solutions for fast, secure and high quality tele- and data communication to communications intensive companies and public entities throughout Sweden.

Dataphone has Sweden’s most modern commercial network for telephony and data communication. In the same network, the company manages voice and data communication as well as video transmissions with superior quality and performance.

CPS Color Group is the world’s leading supplier of tinting systems and technology. It is the only company in the world that supplies all of the necessary tinting system components: colorants, dispensers, mixers, software, marketing materials, technical support and consulting services. The company has operations on all five continents.

Alfa Laval is a leading global provider of specialised process engineering solutions, equipment and services in the areas of separation, heat transfer and fluid handling. The company’s customers span more than 100 countries and it has approximately 9,400 employees.

Dyno Nobel is the world’s leading explosives company. Its most important customer segments are the mining industry and the building and construction industries. Dyno Nobel has operations in 35 countries in Europe, the Americas and the Asia-Pacific region.

Laho Equipement is one of the leading construction equipment rental groups in France. The group has national coverage through its 75 agencies.

Fortex is a leading provider of textile rental and industrial laundry services in the Benelux countries. Main customer categories include hospitals (bed linen, hygienic products & work-wear) and different kinds of companies (uniforms & work-wear). Fortex also provides special cleaning services for surgical tools and textiles.

Superfos Industries a/s ("Superfos") is the leading Pan European manufacturer of injection moulded open-top plastic packaging. Superfos includes strongholds in food segments such as dairy (e.g. yellow fats and ice cream), processed foods, biscuits and confectionery, seafood and the noon-food segments paint, ingredients and chemicals. The company currently has 1,280 employees at 12 production facilities across Europe.

Dynea, headquarted in Helsinki, Finland, is a global provider of superior adhesion and surfacing solutions. Prefere by Dynea adhesive sesins are used in a variety of applications by the panel board industry, laminate beam and structural woodmanufacturers, the mineral and glass fibre industry, the paper impregnation industry, and many orthers. Ultim by Dynea is a family of high quality paper overlay products for both decorative and industrial uses. DYnea serves its customers inte the woodworking and other industries by tailor-making solutions and creating added value. DYnea's high value adhesion and surfacing products and service solutions are available in Europe and Asia Pasific and are produced at 40 sites across the regions.

Oriflame is a leading global direct sales cosmetics company. Founded more than 30 years ago, the company develops and markets a full range of beauty products including colour cosmetics, skin care and fragrances.

Paroc is one of the leading mineral wool insulation manufacturers in Europe. The company develops, manufactures and distributes stone wool products for use by the building industry and other industrial applications.

Enermet Group is one of the world’s leading suppliers of energy metering systems. The company develops, produces and markets comprehensive new generation systems for the metering of energy, the control of its use and the refinement and management of metering data. Enermet has branches in ten countries around the globe.

Kongsberg Automotive is a niche auto components supplier with a strong market position in seat heating, clutch actuation and automatic/hydraulic gearshift systems. Customer segments include the car industry and commercial vehicles.

Continental Bakeries is a manufacturer and distributor of biscuit products in Europe. The group focuses on private label and branded niche products within sweet, unsweetened and savoury biscuits.

MacGREGOR is the global market leader in providing marine cargo flow engineering solutions and services for ship-owners, shipyards and ship operators. Products include hatch covers, cranes, RoRo equipment, shipboard elevators and escalators, galleys, cargo securing systems and refrigerated cargo handling systems.

Arca Systems is the European market leader in returnable plastic packaging products and systems for transport and materials handling. Customer sectors include the assembly industry, retailing, beverages and agriculture. Arca Systems has some 900 employees.

Intrum Justitia is the leading debt collection and credit management company in Europe. It offers commercial and consumer debt collection services (domestically as well as cross-border), outsourcing and other related credit management services.

Pieters is one of the leading fish processors and distributors in Europe. Pieters is engaged in the purchase, aquaculture, processing, packaging, sales and distribution of fish products. Its major product categories are salmon, North Atlantic whitefish and South East Asian prawns.

i-center Elektrogrosshandels GmbH & Co KG is a wholesaler of electrical installation equipment in Germany, Austria and other central European markets. i-center operates through wholesale outlets, which supply diverse industry sectors.

Consolis is the largest manufacturer of prefabricated concrete elements in Europe. Consolis produces a wide range of prefabricated concrete products for the construction of buildings, such as floors, structures and walls.

Consolis also makes products for infrastructure, such as railway sleepers and structures for bridges and tunnels. In addition, the company provides services ranging from planning to erection of its products.

Elektrokoppar is one of the leading winding wire and wire rod manufactures in Europe. The company supplies its products mainly to the electric industries.
Elektrokoppar employs 450 people.

F Group was formed through the merger of Fona Gruppen (held by the Industri Kapital 1997 Fund) and Fredgaard Radio in June 2001. The new group is a leader in Danish high street brown goods retailing and a provider of consumer financing.

VSM Group produces top-of-the-line household sewing machines with related accessories and software. The company’s two brands, Husqvarna Viking and Pfaff, have their own unique and separate product lines. With sales subsidiaries in 15 countries, VSM Group employs some 2,250 people.

Noviant, formerly MSC Metsa Specialty Chemicals, is the global market leader in the development and production of carboxymethyl cellulose (CMC). CMC is marketed for a large variety of applications including paper coating, food, pharmaceuticals, oil drilling and detergents.

Nobia is the leading manufacturer and retailer of kitchen interior products in Europe. Nobia sells its products directly to consumers and to the construction industry under well-known brands such as Marbodal, HTH, Novart, Norema, Poggenpohl and Magnet.

Addum was, at acquisition, an industry conglomerate consisting of many separate businesses including construction equipment rental (Cramo), pre-cast concrete manufacturing and the production of piston rings.

Ellos is a leading mail-order company in the Nordic countries. Its main product area is clothing, and the company also runs a substantial financing operation.

Amas is one of the leading air-freight forwarders in the Benelux countries. It holds strong positions in sea and road freight forwarding in certain niche markets such as flower bulbs. The group also operates a number of highly specialised forwarding-related service activities.

Nyge Aero Norden provides various aviation services. It is a leader in target towing for military practice purposes in Sweden, Norway, Austria and Greece. The company also provides engineering and maintenance services.

Lithells is a leader in the Swedish market for processed meats. The company produces and sells processed meat and sausages to retail grocery stores, institutional caterers and fast-food stands. Brand names include Lithells and Sibylla, a top brand in the Swedish market.

KCI Konecranes is a world-leading engineering group specialising in advanced overhead lifting solutions and maintenance services. The company’s customers span virtually every industry and its products are used in harbours around the globe.

Lindex is one of the leading retailers in Scandinavia, specialising in ladieswear, children's clothes and lingerie.

Guldfynd is Sweden's leading retail jewellery group. It operates 115 stores under the Guldfynd brand and 27 stores under the Hallbergs brand.

Partena was, at acquisition, a leading provider of contracted catering, cleaning, care and security services in Sweden and Norway.

Crisplant Industries is a leading world-wide manufacturer of automatic industrial sorting systems (ATS) and liquefied petroleum gas filling equipment (LPG). Main application areas within ATS include baggage-sorting systems for airports, parcel sorting systems for postal authorities and package sorting equipment for various other industries.

Hjem-Is Europa (Hemglass) is the leading direct distributor of ice cream in Scandinavia. The company manufactures the ice cream and distributes it directly to customers' homes from its well-known blue vans.

Liva Bil is Norway's leading car rental company, operating the AVIS franchise in car rental and full-service fleet leasing.

Graphium is one of Sweden’s leading specialty printing companies, which focuses on payment cards, security printing and government printing.

Liber is Sweden’s largest publisher of educational and professional literature.

CSE Oxford is engaged in pilot training as well as aircraft engineering and maintenance services. The engineering division provides comprehensive ground support to owners of small and medium-sized aircraft based in the United Kingdom.

Idesta manufactures and markets industrial kitchen supplies and specialty windows and doors.