Preato Capital becomes the largest shareholder in Sievi Capital
Preato Capital AB has acquired 13.49 million shares in Sievi Capital PLC (the “Company”) for EUR 15.9 million from Jussi Capital Oy. Preato Capital owns 23.27 percent of the shares and votes in the Company following the transaction. Through the acquisition Preato Capital becomes the largest shareholder in the Company.
Sievi Capital is a listed (Nasdaq Helsinki) private equity investment company that invests in small and medium-sized Finnish companies. Sievi Capital is a partner for target companies’ management and co-owners that actively supports growth, profitability and value creation. The portfolio currently includes the majority owned companies Indoor Group, KH-Koneet, Logistikas and Nordic Rescue Group.
For further information:
Simon Hallqvist, +358 40 510 2760, Preato Capital AB
Preato Capital in brief
Preato Capital is a privately owned company group that acquire and manage small and medium-sized companies in the Nordic region with focus on businesses with a proven business model and good cash flow. Preato Capital invests from its own balance sheet. The overall strategy is built on long-term value creation without any pre-determined horizon for our ownership commitments. Preato Capital has offices in both Stockholm and Helsinki.