Preato Capital acquires AB Tage Lindblom
Preato Capital has acquired AB Tage Lindblom, a leading supplier of foods to the Swedish food service market.
Tage Lindblom is a well established food service company with a portfolio of well-known brands. The company is a specialised supplier to hotels, restaurants and the professional kitchen with a wide range of products within its targeted categories cheese, diary and colonial, combined with a strong organic profile. The company was founded in 1922 and operates nationwide with around 20 employees through offices in Stockholm and Linköping. Revenues for 2016 amounted to approximately SEK 395 million.
Preato Capital is a privately-owned investment company that invests in small and medium sized companies in the Nordic region. Preato Capital invests across different industries with focus on established and profitable companies with a proven business model, where Preato Capital together with the management team can own and develop the operations long-term.
Tage Lindblom has a long history and an established position in the food service market. The combination of high quality products and a strong focus on innovation provides an attractive partner for customers and suppliers. Based on this, we see interesting opportunities to grow and further develop the business, comments Magnus von Schoultz, Preato Capital
With Preato Capital as owner, we have a strong base to continue the long-term development of our company. Our ambition is, that every day do our very best, to be an appreciated and reliable partner to our customers and suppliers, comments Thomas Bengtsson, CEO Tage Lindblom.
***
For further information:
Magnus von Schoultz, Preato Capital AB, +46-767-24 43 84
Thomas Bengtsson, CEO, AB Tage Lindblom, +46-703-33 88 86